What Deposit Limit means
A deposit limit is a responsible gambling tool letting a customer cap how much money they can deposit into their sportsbook account over a given daily, weekly, or monthly period. Once set, most sportsbooks require a waiting period before a customer can raise their own deposit limit, specifically to prevent impulsive increases in the moment.
Key points
- A deposit limit is a responsible gambling tool letting a customer cap how much money they can deposit into their sportsbook account over a given daily, weekly, or monthly period.
- Once set, most sportsbooks require a waiting period before a customer can raise their own deposit limit, specifically to prevent impulsive increases in the moment.
Example and context
In practice
Once set, most sportsbooks require a waiting period before a customer can raise their own deposit limit, specifically to prevent impulsive increases in the moment.
Related glossary terms
These terms sit in the same part of the betting vocabulary and are useful to read next.
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