We like to play at online casinos ourselves and always have a recommendation on which online casino has the best bonuses and promotions at the moment. But it’s also important to us to play responsibly and not lose more than we can afford. That’s why it’s so important to have a budget and also come what may not go over it. Today we want to give you some tips about limits in online casinos – what limits are there, how to set them and why you should set them.
Daily, weekly and monthly limits
With all three limits, there are three subcategories that limit your deposits, bets and losses per day, per week or per month. You can set all of these subcategories or just one or two. At the same time, the limits also apply to each day, week and month anew.
So, if your daily deposit limit is MYR 100 and you don’t deposit anything for three days, it does NOT mean that you can suddenly deposit €80 on the fourth day. You can still only deposit MYR 100 – and that’s fine.
There is also a limit that you can use to restrict the time per play session. Here, there is only the option to limit your session duration by the hour. So if you limit each gaming session to one hour there, you will have to take a breather after playing for an hour first.
This is an important limit, because many addicted gamblers simply can’t find the strength to take a break every now and then to clear their heads and realize that you should never gamble to win back losses.
What are the limits in Online Casino Malaysia?
Top Online Casino Malaysia today usually offer their players a variety of limits that you can apply to your account.
The three most important ones are a deposit limit, a wagering limit and a loss limit. The deposit limit determines the maximum amount you can deposit in your account, the wagering limit limits your bets in the games at the Online Casino Malaysia, and the loss limit pulls the emergency brake before you lose more than you can afford.
However, this only works if you set the limits honestly and do not set them higher than you can actually afford.
How to set
Setting limits for yourself is done in the online casino with a few clicks. In many online casinos, you are now even required directly after registration that you either set limits or actively and manually waive them.
Legal limits come into effect immediately and if you want to lower your limits, i.e. deposit less, wager less or lose less, or set a shorter gaming session duration, this also happens immediately.
However, if you want to increase your limits, a waiting period of at least 25 hours is usually applied so that you can consider whether you really want to do that.
Limited or unlimited self-exclusion
Especially if you notice that your play might be getting a little out of control and you’re having trouble sticking to your budget, it can be a good idea to take a longer complete break from the online casino.
Most online casinos allow you to exclude yourself from playing for 24 hours, 7 days, 2 or 7 months, a year, or even permanently. During this time, you will not be able to sign up, make deposits, or receive any promotional communications.
This is a good way to gain some distance and perspective, and also to control your finances.
This is why you should set yourself limits
In order for gambling to remain a recreational activity, it is insanely important that you set yourself a budget and also stick to it. This budget should correspond to your financial possibilities and ensure that you do not spend more money than you can afford.
With the help of limits, you can put a stop to the temptation to try and recoup losses from the start.
And that’s exactly why you should definitely set limits that are sensible and well-considered for you. Don’t push yourself to the limits of your financial possibilities, but give yourself some breathing room. Limits help you stay responsible and keep online casino gambling fun.