Deposit limits

[famososMuertos]

...//:::
This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.

These "tools" are useful for normal people if you suffer from addiction or have lost money before, you must keep away from casinos.

It's a wrong view of the players in the gaming industry, it's like the fine print in a contract, you have to read it and then do something, not just know it's there.

The best example of this are the small letters on cigarette boxes, they are there as a reminder of the problem it they cause, this allows the tobacco industry to avoid lawsuits for the consequent use of smoking.

But for what we are concerned, if you read (or anyone), about this control is not to prevent you from not playing or losing money, it is a warning and it protects casinos from lawsuits for user negligence when they lose their money.

Therefore, if you use one, two, three times this type of control, you simply have a problem and far from improving or controlling your deposits, it is simply best to stop betting.

If you deposit again it is not the fault of the casino or its weak "tools" to avoid it, it is that your deposit limit must be "0", zero.

These "tools", I repeat, are for normal people who enter Tilt or who are having a downsize losing streak, losing control is normal in short periods, these types of tools are made for that, not for the sick, addicts.

[shogun47]

...//:::
This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.

These "tools" are useful for normal people if you suffer from addiction or have lost money before, you must keep away from casinos.

It's a wrong view of the players in the gaming industry, it's like the fine print in a contract, you have to read it and then do something, not just know it's there.

The best example of this are the small letters on cigarette boxes, they are there as a reminder of the problem it they cause, this allows the tobacco industry to avoid lawsuits for the consequent use of smoking.

But for what we are concerned, if you read (or anyone), about this control is not to prevent you from not playing or losing money, it is a warning and it protects casinos from lawsuits for user negligence when they lose their money.

Therefore, if you use one, two, three times this type of control, you simply have a problem and far from improving or controlling your deposits, it is simply best to stop betting.

If you deposit again it is not the fault of the casino or its weak "tools" to avoid it, it is that your deposit limit must be "0", zero.

These "tools", I repeat, are for normal people who enter Tilt or who are having a downsize losing streak, losing control is normal in short periods, these types of tools are made for that, not for the sick, addicts.

That is the important part in your post, the casinos have no interest whatsoever in effectively keeping you from playing when they would realize you are losing control. Some casinos claim that they would block accounts and I have no idea whether that is true or not, but this part of their toolbox to save limits on deposits and I think there are a few other options, it is just to protect themselves, not the people who lose money on their site. Your loss is their income, hence why would they want effective tools to keep you from generating income for them. It would be like a candy shop prohibiting a fat kid from buying sweets. It won't happen.

[Hispo]

^

I don't quite agree with you. Limiting deposits is indeed useful, but only when it is not done through the casino and you have learned how to control yourself while gambling. Without this skill, using casino deposit limiting services you can easily go to another casino and lose all the money on your credit card. You need to learn how to set limits for a gaming session deposit and honor them. I myself use this strategy and I will tell you honestly that after I learned to do this I started losing much less money.

That is one of my points, though.
You have managed to get discipline and you use that feature to manage your gambling budget. I was trying to say that a deposit limit is not a cure or solution to gambling addiction, but rather a tool which helps people like you to control their money.

Someone who is addicted to gambling, does not matter whether they have set a deposit limit or not, they will eventually move to another casino, create a different account, or even gamble in the streets.

Again, it is just my opinion and I can be wrong as any other.

[dothebeats]

Someone who is addicted to gambling, does not matter whether they have set a deposit limit or not, they will eventually move to another casino, create a different account, or even gamble in the streets.

There will come a time wherein those who have activated such feature or tool in one casino will have their accounts in another casino automatically activate this feature without them doing anything. In this way, there will be no way for the gambler to game the system or to try to cheat the current restrictions imposed on their accounts. The casinos would have to work together for this however, and I guess that's way harder to achieve.

People who purposely limited their account should have it activated on other platforms too, so as to learn how to control themselves with the help of the casino platform itself.

[dezoel]

This is nothing but a strategy by casinos to make thier users feel that they care for them. I mean why can't they increase it from 24 hours to 36 hours. They won't after all they are here to do business and make profits. This why daily gamblers should gamble resposibly. They should be disciplined and not fall for such kind of features which doesn't make any sense.

A casino would never take full responsibility for your activities nor will they stop you from gambling because that goes against their business, if they provide a tool like this, it doesn't mean that they don't want you to gamble but they are just trying to show that though gambling is their business, it can be harmful to you if you do it excessively, and whether they mean it or not, some of them actually do it so that they can make a good reputation for themselves.

It's definitely the responsibility of the gambler himself to take care of their money and their time about how much of it they have to spend gambling, if they feel it is getting out of control, they are the one who should find a way to limit it and not the casino, even if they provide a tool for it, it wouldn't completely stop you from gambling.

[tusandii]

    -     It seems like I just know that there are limits to deposit at a gambling casino online. Is it applicable to all crypto gambling? Because I don't gamble often not five times a month I play gambling.

In each casino there is a limit to the number of deposits and withdrawals so that gamblers also do not experience losses when making deposits or withdrawals because in each transaction there are costs that must be borne by the gambler.
When only making a deposit with a small amount and then adding a fee, isn't that enough to cut the gambler's budget so that each casino imposes certain limits.

In a casual way, I would state the reason why casinos use such features. These casinos want you to gamble every day. They want you to believe that they do have humane sentiments. That is the reason they come up with such ideas. As a gambler, your trust would grow when a casino platform is showing some restrictions. In the end, it is a marketing gimmick as probably a fair feature. A casino would never give you a detailed reason on what basis they decided the deadline. The reason behind they want to make a profit. Unless they make a profit why would they ever market their platform? It is through marketing that guys like us are earning every week.
  

Providing withdrawal and deposit limits is actually not an excuse for customers to gamble every day but so that customers do not take advantage of the small profits provided by casinos and so gamblers can use larger amounts of money when depositing.
But actually there are also many reasons for the limitations imposed by casinos, it's just that maybe we as gamblers have a different perception of this problem.

As long as the costs don't increase, no matter what the limit is, I will never mind and make a problem of it.

[Johnyz]

This kind of feature can be a big help, now all you have to do is to set your limit and commit on that.
Yes this can still be changed but the good thing here, the site promotes a responsible gambler and you should too.
I saw some post about having a limit on your account, this one is a good example. I also have problem when it comes to increasing my capital on the spot, this can stop me from being uncontrolled and be more responsible, gambling is very risky you can lose everything here.

[pakhitheboss]

This kind of feature can be a big help, now all you have to do is to set your limit and commit on that.
Yes this can still be changed but the good thing here, the site promotes a responsible gambler and you should too.
I saw some post about having a limit on your account, this one is a good example. I also have problem when it comes to increasing my capital on the spot, this can stop me from being uncontrolled and be more responsible, gambling is very risky you can lose everything here.

A responsible gambler is a myth according to me, a gambler is a gambler and he would do anything for his addiction. What you are saying is ideally possible but in practice, a gambler would go ahead and reset the deposit limit again in 24 hours. In that way, he would be able to again gamble and continue with another big deposit. I never understood the concept of provably fair and now I do not understand the concept of deposit limits. It is just like showing you care for your user but with a small loophole for the user to exploit.

[Oshosondy]

I do not understand what exactly the point in a deposit limit would even be in the first place? A marketing tactic?

It is common on gambling sites located in EU like UK that has more gambling regulation.

What I can imagine the deposit limit could be used for is for minimal AML law limits. Like on some cryptocurrency exchanges. Perhaps, if you deposit below the limit of a certain amount then certain regulations can be loop-holed or something?

It has nothing to do with AML. Try and read more about deposit limit in responsible gambling.

A gambling casino which has deposit limits sounds weird.

Having a limit to the amount that you can spend within certain period of time is good for gambling site to have it, but only the 24 hours is effective (provided if the punter do not move to another of his gambling account site to continue to gamble for that day), others like 7 days and 30 days are not effective.

[ethereumhunter]

This kind of feature can be a big help, now all you have to do is to set your limit and commit on that.
Yes this can still be changed but the good thing here, the site promotes a responsible gambler and you should too.
I saw some post about having a limit on your account, this one is a good example. I also have problem when it comes to increasing my capital on the spot, this can stop me from being uncontrolled and be more responsible, gambling is very risky you can lose everything here.

But it's not easy to be a responsible gambler because we really have to be able to set limits and be committed to maintaining those limits. And indeed, if there is a feature like that, it can help gamblers to become responsible gamblers so they don't cross the line. Everything depends on you because you are responsible for the money, so you must prevent excessive use. If you are successful, you will not become addicted to gambling because you always pay attention to spending your money while playing gambling.

[Rabata]

...//:::
This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.

These "tools" are useful for normal people if you suffer from addiction or have lost money before, you must keep away from casinos.

It's a wrong view of the players in the gaming industry, it's like the fine print in a contract, you have to read it and then do something, not just know it's there.

The best example of this are the small letters on cigarette boxes, they are there as a reminder of the problem it they cause, this allows the tobacco industry to avoid lawsuits for the consequent use of smoking.

But for what we are concerned, if you read (or anyone), about this control is not to prevent you from not playing or losing money, it is a warning and it protects casinos from lawsuits for user negligence when they lose their money.

Therefore, if you use one, two, three times this type of control, you simply have a problem and far from improving or controlling your deposits, it is simply best to stop betting.

If you deposit again it is not the fault of the casino or its weak "tools" to avoid it, it is that your deposit limit must be "0", zero.

These "tools", I repeat, are for normal people who enter Tilt or who are having a downsize losing streak, losing control is normal in short periods, these types of tools are made for that, not for the sick, addicts.

That is the important part in your post, the casinos have no interest whatsoever in effectively keeping you from playing when they would realize you are losing control. Some casinos claim that they would block accounts and I have no idea whether that is true or not, but this part of their toolbox to save limits on deposits and I think there are a few other options, it is just to protect themselves, not the people who lose money on their site. Your loss is their income, hence why would they want effective tools to keep you from generating income for them. It would be like a candy shop prohibiting a fat kid from buying sweets. It won't happen.

When a gambler engages in uncontrolled gambling, some casinos and gambling platforms may ask the gambler to take a temporary break. But most casino gambling platforms don't want to take such initiative because this will make them loss in business.

Typically in a gambling platform one gambler loss more in gambling, the gambling platform earn more profit so they must prioritize their profits. However, according to my knowledge, fiat license based casinos take various initiatives in this regard, but I don't know that they take any such initiative in crypto gambling. As far as I know, no casino closes their accounts for unregulated casino gambling. They can warn but have no recourse if the gambler does not seek such assistance on his ownself.

[hyudien]

Too good gambling sites to warn players about deposit limits. By itself the gambling site wants to make its customers not addicted.
On some of the gambling sites that I usually play, I have never come across a warning like the quote from the gambling site.
Most gambling sites that I often play only provide information about the withdrawal limits that players can make within 24 hours.

Giving a warning about the limits imposed by casinos does seem quite strange, but I believe the casino aims to make gamblers pay more attention to funds that should really be fully controlled over themselves, not other people or the ambition to continue betting. Online casinos out there have started to implement this kind of thing, even I still remember the famous casino on this forum (I won't mention the name) but we talked via online chat and told me to take a short break of 2 to 3 days if you feel the bet less profitable. Not much different from what happened above, both of them provide advice so that we don't get addicted so that we are more aware of the limits of betting every day.

[Oshosondy]

But it's not easy to be a responsible gambler because we really have to be able to set limits and be committed to maintaining those limits. And indeed, if there is a feature like that, it can help gamblers to become responsible gamblers so they don't cross the line. Everything depends on you because you are responsible for the money, so you must prevent excessive use. If you are successful, you will not become addicted to gambling because you always pay attention to spending your money while playing gambling.

What that matters most is what that comes from you, not what that comes from the gambling sites. You can have more than one gambling sites. If one restrict you because of the limit that you set, you can use the other. Some gamblers know other gambling sites too that they can easily register and play games, this do happen.

When a gambler engages in uncontrolled gambling, some casinos and gambling platforms may ask the gambler to take a temporary break. But most casino gambling platforms don't want to take such initiative because this will make them loss in business.

Are you sure about this? When I was using fiat casinos before I joined this forum, I was addicted, I have three different local gambling sites and bet365 which is foreign, none of them stopped me from gambling after I have lost such much more on the four gambling sites. They even make deposit to be easy and fast within seconds.

[darewaller]

In such case deposit limits are given to customers as self serving option. So you decide if you want to limit yourself or not. I think its not good to blame casino because it doesn't create service that will nearly permanent block you. They are a business that needs to make money. They wouldn't like to block their customers totally. It wouldn't make sense in my opinion. I feel grateful honestly because gambling websites have such option.

It's not mandatory in short? Well, that is because they are hoping that they can earn more and they believe that many gamblers won't bother about it even though they already lose a lot and start complaining. Sometimes they can think of limiting their selves but they also think that it will cause a boredom.

And For those who already did it, they can also regret. Indeed, it's not the casino's fault wherever we find our selves problematic because of gambling. The problem is with us because we are too weak to resist the temptation or distractions around us. But some of them aren't that bad at all but they can also be beneficial, if you will only use or do them rarely.

[slapper]

...//:::
This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.

These "tools" are useful for normal people if you suffer from addiction or have lost money before, you must keep away from casinos.

It's a wrong view of the players in the gaming industry, it's like the fine print in a contract, you have to read it and then do something, not just know it's there.

The best example of this are the small letters on cigarette boxes, they are there as a reminder of the problem it they cause, this allows the tobacco industry to avoid lawsuits for the consequent use of smoking.

But for what we are concerned, if you read (or anyone), about this control is not to prevent you from not playing or losing money, it is a warning and it protects casinos from lawsuits for user negligence when they lose their money.

Therefore, if you use one, two, three times this type of control, you simply have a problem and far from improving or controlling your deposits, it is simply best to stop betting.

If you deposit again it is not the fault of the casino or its weak "tools" to avoid it, it is that your deposit limit must be "0", zero.

These "tools", I repeat, are for normal people who enter Tilt or who are having a downsize losing streak, losing control is normal in short periods, these types of tools are made for that, not for the sick, addicts.

It's important to understand that these warnings and controls are also a part of the corporate social responsibility of these establishments

Your suggestion for individuals to stop betting entirely after repeated use of control tools? Absolutely! But isn't it oversimplifying the issue? Addiction, my friend, is a psychological beast. Beating it isn't as easy as saying, "I'll stop"

Now, about deposit limits... "0", zero? Is it even gambling then? Wouldn't that essentially be saying, "Stay away from casinos altogether?" It's not a workable solution for everyone. Let's not demonize the tool; it's about how we use it

[Eureka_07]

<snip>

How can there be 'no deposit limit' if it is clearly stated in the quoted text? It is a great feature, in my opinion. You set it when your self-discipline is good and prevent yourself from playing more if you're just driven by greed or similar behavior, which could cost you more funds. This is something that I will definitely use myself.

[Gozie51]

When a gambler engages in uncontrolled gambling, some casinos and gambling platforms may ask the gambler to take a temporary break. But most casino gambling platforms don't want to take such initiative because this will make them loss in business.

Are you sure about this? When I was using fiat casinos before I joined this forum, I was addicted, I have three different local gambling sites and bet365 which is foreign, none of them stopped me from gambling after I have lost such much more on the four gambling sites. They even make deposit to be easy and fast within seconds.

What I know about soccer betting to be precise in an off line gambling house, there are no limit to how many times you want to play or lose. All I see there is sympathy in the faces of the workers if you have lost heavily    Such sympathy is not made openly because they can't stop you if you insist to play. So what @Rabata is saying could be in other games or in an online casino.

[ethereumhunter]

What that matters most is what that comes from you, not what that comes from the gambling sites. You can have more than one gambling sites. If one restrict you because of the limit that you set, you can use the other. Some gamblers know other gambling sites too that they can easily register and play games, this do happen.

That means we decide which casino to play at and are not bound by just one or two casinos. And with so many crypto casinos that we know about, we can have a list of trusted casinos and I think the number of casinos on that list is probably more than 4. But still, gamblers must always limit the amount of their deposit to play gambling so they don't experience any problems, including long-term gambling addiction.

[wxa7115]

In such case deposit limits are given to customers as self serving option. So you decide if you want to limit yourself or not. I think its not good to blame casino because it doesn't create service that will nearly permanent block you. They are a business that needs to make money. They wouldn't like to block their customers totally. It wouldn't make sense in my opinion. I feel grateful honestly because gambling websites have such option.

Except for the clients the casino has decided to not service anymore due to being problematic, cheaters or scammers, a casino is not going to want to limit itself permanently and block users from which they obtain profits, so asking them to block you completely may not be the best option.

Besides gamblers need to also do their part, as if they think that a casino which adds such features will save them they are wrong, as there are thousands of casinos online and even if every single one of them had those features a person can lose most of their money after just playing at a handful of casinos, so self-control is key for anyone that is thinking about leaving gambling completely or at least want to reduce the time and money they use to gamble.

[TheUltraElite]

How can there be 'no deposit limit' if it is clearly stated in the quoted text? It is a great feature, in my opinion. You set it when your self-discipline is good and prevent yourself from playing more if you're just driven by greed or similar behavior, which could cost you more funds. This is something that I will definitely use myself.

The casinos though want you to deposit more because it is what drives their business but to show people that they support responsible gambling they come up with these features. Its like the place where you get your kicks from putting your money in and they put up a deposit limit - should that work?

Well for an addicted gambler, since gambling acts like a drug in them, very less chance of working - the person will remove that limit if already set and deposit more or never actually use it.

For a disciplined gambler which is again a rarest of rare species, it might work.