Now that online gambling has been legalized, anyone can take a chance on the internet. At recognized GamStop excluded casinos that not only offer great games and nice bonuses, but also have a license. The beautifully designed websites and user-friendly systems are very attractive for depositing a few euros, but therein lies a bit of a danger. How do you keep yourself under control? In this blog we give useful tips on how to set a deposit limit.
What Is a Deposit Limit at Non GamStop Casinos?
A deposit limit is exactly what you think it is. It is a limit that you can set and it is therefore no longer possible to deposit more money than you would like.
At many non GamStop casinos you can set the limit yourself, but there are also a lot of online casinos that have set a limit. At these casinos it is therefore not possible to deposit more money than the daily limit.
This limit cannot be adjusted either. It is a rule of the online casino. You can often obtain information from the frequently asked questions or from the helpdesk of an online casino about whether there is a daily limit on deposits and the maximum amount of money you are allowed to deposit per day.
Why You Should Set a Deposit Limit at Non GamStop Casinos?
A deposit limit is there to protect players and the online casino. After all, a casino cannot pay out more prize money than it has in cash. By regulating this with fixed limits, a casino does not run the risk of having to pay out more money than they can. Rest assured, because 99 out of 100 casinos always have more money on hand than they need to pay out. So that problem will rarely if ever occur. But a limit for the user is important.
As mentioned, playing online casino is extremely tempting and you keep betting one euro after another. Then you will quickly spend your budget, but you will feel like you are not done playing yet. Then it is extra attractive to make another deposit. This behavior can be repetitive. As a result, you deposit more money in a very short time than you can actually afford to lose. With a limit you keep control over this. Because if you simply cannot deposit more money, you can no longer play.
That is a positive side effect. Non GamStop casino players (or casino players in general) sometimes have a tendency to lose track of time. That is why almost all online casinos have a ticking clock on the page. So that players are aware of the time. A deposit limit partly helps with this, because once the budget has run out and no more deposits can be made, the playing time also ends. Of course, this story does not entirely apply if you have set a sky-high limit, but then you may not be using the function properly.
Does Every Casino Offer Deposit Limit Feature?
As far as we have been able to assess, all casinos have the option to set a deposit limit. You can often choose from predefined amounts that you want to set as a daily or weekly limit, but you can also choose an amount of your own choosing. The tip is of course to set a limit of an amount that you can miss with a high degree of certainty. Suppose you have €500 to spend on online gambling every month? Then you can set a weekly limit of €125. Did you make a deposit on Monday of the week and lose your deposit on Tuesday? Then you have to wait another week before you can make a new deposit.
Is Setting a Deposit Limit Mandatory?
At the casinos we play at, setting a deposit limit is part of the registration process. During the registration process, you not only enter your personal details, contact details and bank details, but you also indicate the maximum amount of money you want to deposit per day or per week. The Gaming Authority ensures that online casinos that also have a license adhere to this and make this option available to players at all times. So basically the answer to the question of whether setting a deposit limit is mandatory is “yes”!
Maximum Amount You Can Set
Nowadays it is no longer surprising that young adults are protected at many casinos. Especially if there are indications that someone is prone to addiction. Non GamStop casinos are some of the first casinos to set a deposit limit of a maximum of €500 per month. Only for players between 18 and 24 years old. It is still possible to set a weekly or monthly limit for this target group, but the limit can never exceed €500. Given current developments and the risk that many young people will get into financial problems due to an online gambling addiction, it is good to imagine that more online casinos will follow this example.
Time Limit
There is another mandatory limit that you must set during your registration. Namely the maximum amount of time you want to spend on online casino games per day. Naturally, the aim is that people do not become addicted and sit behind a screen non-stop. While hundreds or perhaps thousands of euros are lost.
