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Topic: Implement a Max Bet Option on Sportsbooks - page 2. (Read 260 times)

hero member
Activity: 2366
Merit: 594
This also happens not only in sports betting but also in other online casino games. I experienced adding a little more digit on my bet accidentally or rage betting whenever I lose several bets. However,  I doubt if some platforms would implement such limit because they also earn depending on the amount of bet.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
I don’t know many sport betting websites with such option.I don’t remember correctly but I think bet365 used to have such option before and I don’t know if it is still alive.This can be good for casual gamblers as I think every day gamblers will not care much for such option because they are used to gamble with high amounts and they don’t like limitations.
sr. member
Activity: 574
Merit: 272
Buy Bitcoin!
Well I probably know there are plenty of gamblers out there that don't practice Bankroll Management.
They just bet what they feel like betting.
If they win they get more confident and bet bigger, now if they lose they bet bigger because they chase or they are mad and bet higher.

Now if there was an option (of course you could remove it and still bet as high as youd want, but it can prevent) to limit max bet to say a % or a set amount that would decrease rage bets.

sr. member
Activity: 1484
Merit: 277
This is not yet available in sportsbook at least based on my observation.. What I see is they only limit a certain amount per account, that's how simple their limit are design.. the rest would really depend on how the gamblers manage their bankroll.

Limiting your certain betting amount is somewhat strategic compared with maximum capital as you push it. Every gamblers need to justify their first priority and analyzing what would be the outcome of their selected sports bets. If they failed to protect their bankroll, there's a probability of losing huge amount of crypto.
full member
Activity: 1750
Merit: 118
this is a good idea and the reasons were already describe above.  for me , i always experience to rage bet everytime i  win but most especially when im loosing due to being pissed off . i also experience an accident where i max my bet and loose it all  . all of those are only experienced on a casino and not on sports game so it would be better if this idea will be provided on both kind of games  . btw i thought your going to suggest a max bet button and i feel confused because max bet button is already been there and also many people are suggesting to remove it .
hero member
Activity: 3010
Merit: 666
This is not yet available in sportsbook at least based on my observation.. What I see is they only limit a certain amount per account, that's how simple their limit are design.. the rest would really depend on how the gamblers manage their bankroll.
sr. member
Activity: 574
Merit: 272
Buy Bitcoin!
Hi,

So I have a thought.
I don't know if this has been posted before (probably has, but couldn't find anything).

My idea is on the crypto books to enable a setting that allows someone to define a max bet size.
Either it should be dynamic, so for example max bet 5%-10% of your Bankroll or a set amount, that can be adjusted or locked for x days.

This will benefit the gambler to stop him from:

a) Chassing losses
b) Rage Betting
c) No accidental high bets (betting 0.01 BTC instead of 0.001BTC)

Of course the Sportsbook will not benefit from it, because chassing loses is money for the book.

What do you guys think?
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