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Almost every online casino allows you to set up a deposit limit for your account. This feature helps you manage your bankroll and your gambling habits.
How to set a deposit limit
A good gambling site will let you set up daily, weekly or monthly deposit limits. The limit is the maximum amount of money you will be able to deposit during a certain time period.
Duration of the deposit limit
The deposit limit you set will keep on running until you decide to alter it or remove it. In terms of the daily deposit limit, it either resets at midnight or at the time you have set it.
When it comes to the weekly and the monthly limits, they typically reset in the beginning of the day on which the respective time frame is over. For example, if you set a weekly limit on a Friday, it will reset once the following Friday starts.
Why setting a deposit limit?
A deposit limit restricts the amount of money you are allowed to cash in to your account during a given period of time.
It is a useful tool that helps you fully take control over your money and manage your bankroll appropriately. It will also aid you in the effort to not let your gambling habits turn into something problematic.
Changing the deposit limit
You can change your casino deposit settings for both the time periods and the amounts of money. However, in most cases, the changes you make will not manifest themselves in practical terms immediately.
Commonly, those alterations will only be applied when the daily, weekly or monthly limit reaches the time to reset. The process varies on speed and simplicity depending on whether you are raising or decreasing the deposit limit.
If you want to be able to deposit bigger amounts over a time frame, specific bureaucratic measures by authorities or the online casino itself might come into play. This happens mainly as a way to prevent any risk of problem gambling.
On the other hand, if you wish to lower the maximum limit for deposits, the changes will be easily and swiftly activated.
Don’t forget! Just as you wish to be able to benefit from flexible withdrawal limits, you need to think about the advantages of setting a maximum amount of money for deposits.