You may have noticed that when you join a betting site, they will encourage you to set a deposit limit. Or perhaps you might have logged into one of your online betting accounts only to discover that a deposit limit has been set and you’re unable to deposit the amount that you wish to.
Whether you’re a fan of deposit limits, or find them a hinderance, they’re here to stay and are in fact one of several online gambling tools that must be offered by betting sites to their customers. Some other safer gambling tools that you’ll find available include self-exclusions, cooling off periods, reality checks, and profit/loss reports.
We’ll be taking a closer look at betting site deposit limits, explaining what they are, how they work, and how they differ between bookmakers.
In a nutshell, betting deposit limits are how much you can deposit into your online betting account within a specific timeframe.
As mentioned above, deposit limits are one of many safer gambling tools available to online bettors. They’re mandatory at all betting sites that are licenced and regulated by the UK Gambling Commission. However, although online bookmakers, casinos, and other betting sites, have to provide customers with the option of setting deposit limits, it’s usually up to the customer whether or not they are activated.
The main reason why deposit limits were introduced was to reduce problem gambling, and in particular, players overspending when betting online. If a deposit limit has been set on your betting account, you will not be able to deposit once this limit has been reached. This can help reduce people chasing losses and betting more than they can afford to lose.
Bet365 deposit limits can be set for a 24 hour, 7 day or 30 day period.
For example, if you set your bet365 deposit limit to £100 in a 7 day period, and deposit £100 on day 1, you will not be able to make another deposit until the 7 days has passed.
Bet365 customers can decrease their deposit limits at any time, but if they wish to increase their limits, there is a 24 hour cooling off period. Users can log back into their account 24 hours after requesting the increase and confirm if they still wish to action it.
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William Hill made a change in June 2024 to how they handle deposit limits which differs to how some betting sites provide them.
At William Hill, they offer Net Deposit Limits which not only take into account deposits, but also any withdrawals made from players’ accounts.
For example, let’s say you set a William Hill deposit limit of £100 over a 7 day period. On the first day you make a deposit of £50 which would mean that you have £50 of your deposit limit remaining. However, if you withdrew £50 from your account, your deposit limit would rise back to £100.
This differs from bet365 and many other betting sites as when you withdrew the £50, you would still be only able to deposit a further £50 until the deposit limit time period has elapsed.
Many players prefer this type of deposit limit as it limits the amount of money that you can lose within a specific period compared to how much you can deposit. This makes sense given that the aim of deposit limits is to reduce the number of online gamblers exceeding their financial capacities.
You may find this type of deposit limit labelled as a ‘Loss Limit’ with some online betting sites.
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Betfred is one of our highest rated bookies and used by millions of people throughout the UK and beyond. They have a dedicated Safer Gambling section on their website which features a wealth of information to help customers stay in control of their gambling and guides on how to set deposit limits on their accounts.
Along with self-exclusions, reality checks, and time outs, Betfred allow customers to set deposit limits for a 24-hour, 7-day or 30-day period.
Reducing a deposit limit will take effect immediately, but an increase will take 24 hours, during which time their safer gambling team will review the request.
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Along with sportsbook, casino, poker and bingo products, Betfair also operates the biggest online betting exchange, Betfair Exchange. They have a range of safer gambling tools available which include:
In terms of depositing at Betfair, they offer customers the option of both deposit limits and loss limits.
Like other betting sites, customers at Betfair can set deposit limits based on specific time periods with a 24 hour colling off period applying to any deposit limit increase requests.
The other option, Loss Limits, mirrors what William Hill offer. So long as deposit limits aren’t set, players can deposit as much as they like but are not able to lose any more than the limit that they set. Should a player try to place a bet or a wager on a casino game once a loss limit has been reached, the bet will not be placed and a message notifying the user that their loss limit has been reached will be displayed.
Coral bookmakers is a household name in the betting world and remains as one of the biggest betting brands in the UK. As such, it’s no surprise to see Coral offer some excellent responsible gambling tools, some of which are not available with other online betting sites.
Coral deposit limits can of course be set for daily, weekly and/or monthly periods with a 24 waiting period applied to any increase requests.
Along with deposit limits, Coral also offer reality checks, play breaks, account closures, time outs and self exclusions. Customers can also set maximum stake limits for when playing slots and set a deposit curfew which will pause their ability to deposit at specific times of the day. This is an excellent tool that can be used by anyone who may have a habit of gambling late at night or during other specific times of the day when their judgement may be impaired.
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Ladbrokes is owned by the same company as Coral and so you can expect to find the same responsible gambling options available.
The impressive deposit curfew and max stakes options are available to Ladbrokes customers, as well as reality check, self exclusions, deposit limits and other others mentioned above.
Players can choose to set a Ladbrokes deposit limit at any time by simply logging in and heading to the ‘My Account’ section. Deposit limits can be of any amount and set for period of a single day, week, or month.
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Just like how Ladbrokes and Coral are owned by the same company, Paddy Power is associated with Betfair and so all of the great tools to help you stay in control of your betting are available with Ireland’s biggest bookmaker.
Customers at Paddy Power can set reality checks, view their overall profit & losses over specific periods, set time outs or impose self exclusions. They can also choose from, or activate both, deposit limits and loss limits.
As mentioned earlier, loss limits differ from deposit limits as only the amount of money that is lost is taken into account as opposed to the amount which is deposited into the account throughout the set period.
If you’re a customer at BetVictor then you may be wondering how to set deposit limits, or what responsible gambling tools are available to you.
BetVictor deposit limits can be set online once logged into your account by going to “My Account” “Settings and Limits”. Deposit limits can be set for a daily (00h to the subsequent 00h UK Time), weekly (Monday 00h to the subsequent Monday 00h UK Time) or monthly (1st of the month 00h to subsequent 1st of the following month 00h UK Time) period.
If you request an increase in your deposit limits, it will be implemented 24 hours after the request is made.
As well as deposit limits, BetVictor offer reality checks, time outs, self exclusions, along with having a Problem Gambling Checklist which can be useful if you think you may be spending too much time or money on gambling.
There is also the option of restricting certain products on your BetVictor account. For example, if you believe you can bet responsibly on sports but find yourself getting carried away playing casino games, you can restrict casino play on your account which will block all games.
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