Why do online casinos limit the maximum bet?

Each casino puts its own maximum bets, which you can read about on the casino homepage or on the best online casino reviews uk pages. And for each game the size may be different. There are two explanations. First – so that large winnings would not bring them financial problems. The second is to avoid that players do not use progressive betting strategies.

Economic reasons

The richer and larger the casino, the greater the chances of finding higher betting limits there. Smaller operators don’t have enough money to pay out big money at a time. Therefore, it is imperative that winnings do not reach dangerous amounts. It is easy to solve the problem – just set a maximum betting limit.

• The limits will depend on the particular game. For example, traditionally on blackjack

For slots, the limits are usually even lower, because they allow a huge multiplication of the initial bet. If a roulette player bets $1,000 and can win no more than $35,000 at a time (by betting on the exact number), then the same bet in a slot machine may yield several million in winnings. That’s why slots don’t usually offer high limits. Even different slots will have different limits based on what percentage of return they offer and how high risk they offer (volatility).

Using progressive strategies

Progressive roulette betting strategies are particularly popular. For example, according to Martingale, the player bets on equal odds. After losing, he bets again and doubles the amount of the lost bet. As a result, even after a series of failures, it is possible to end up with a win that will cover all expenses, plus give a small winnings. 

• So that players do not abuse such strategies, the casino sets limits on bets. It turns out that if the minimum bet of $1 and the maximum of $100, you can double only 7 times, after which the limit will not allow to continue and the player will lose.

VIP players

Limits are lower than at roulette because the player can make decisions which will influence the result. That is, even at online casinos, blackjack remains to some extent a game of skill.

Individual limits can be set for individual players. Typically, VIP players are provided with personal managers. To them, they can address the issue of increasing the maximum bets.

Maximum bet when wagering bonuses

Special conditions apply to the maximum bet when wagering bonuses. There is a standard maximum that applies to almost all casinos, which is €/$5. Casinos don’t want players to be able to wager bonuses easily at the expense of one lucky wager, as wagering bonuses is an expense for the casino. That is why the maximum bet is so low. It makes the player to bet as much as possible, and the longer the game drags on, the more chances that the theoretical advantage of the casino will be achieved. Operators in general treat wagering bonuses with trepidation, so do not be lazy to learn the maximum bets and games that can not be played. 

Even though it’s not usually the bonus funds but your own money that will be spent up front, you should follow the wagering rules when the bonus is active. That is, do not bet more than allowed and do not play illegal games. Bonuses are calculated by the casino so that even if players receive supposedly free money, they make a profit. To get this benefit and are created conditions wagering, among which the maximum bet.

What happens if you win too much?

Casinos clearly do not like it when players win a lot and often. You may still win a lot, but often is highly unlikely. There may be one-time major winnings. But if a person is lucky for a long time, it can already be considered a miracle.

But it happens in bookmaker’s offices, because skill matters there. Successful players can cut the maximum bet, forcing him to leave to play on another site. In a land-based casino, you will be watched, then asked to leave. 

• This usually happens to blackjack players who are involved in card counting and winning consistently. 

Online casinos don’t seem to have any mercy on the players either. This becomes clear even if you look at their terms and conditions. “We can close any account at any time without giving a reason.” So they’re saying that if they don’t like it, they’re they’re free to do whatever they want.