Why do online casinos set limits on their bets?

Why do online casinos limit the maximum bet? Each casino places its own maximum bets.casino kiwi Moreover, the size may be different for different games. There are two explanations for this. The first is that big wins do not bring them financial problems %s... The second is to prevent punters from using progressive betting strategies. Economic reasons The richer and larger the casino, the more likely it is to find higher betting limits there. Small operators do not have enough funds to pay big money at a time. Therefore, it is necessary that the winnings do not reach dangerous sizes for them. Solving the problem is easy - you just need to set a maximum bet limit. The limits will depend on the specific game. For example, traditionally the limits for blackjack are lower than for roulette, since the punter can make decisions that affect the result. That is, even in online casinos, blackjack remains to some extent a game of skill %s... For pokies, the limits are usually even lower, since they allow for a huge multiplication of the original bet. If a punter bets $ 1,000 on roulette and can win no more than $ 35,000 at a time (by betting on the exact number), then in a pokie machine the same bet can give several million winnings. Therefore, pokies usually do not offer high limits. Even different pokies will have different limits based on what percentage of return they offer and how high risks they offer (volatility). Using progressive strategies Progressive betting strategies in roulette are especially popular. For example, according to Martingale, a punter places bets on equal chances. After losing, he bets again and doubles the amount of the lost bet. As a result, even after a series of failures, you can end up with a win that will cover all the costs, plus a small win %s... To prevent punters from abusing such strategies, the casino sets bet limits. It turns out that if the minimum bet is $ 1, and the maximum is $ 100, then you can only double 7 times, after which the limit will not allow you to continue and the punter will lose. VIP punters For individual punters, individual limits can be set. Usually VIP punters are provided with personal managers. They can turn to them with the question of increasing the maximum rates. Maximum wagering requirement Special conditions apply to maximum wagering requirements. There is a standard maximum that is applied in almost all casinos - €/$ 5. The casinos do not want the punters to be able to easily wager the bonuses due to one successful bet, because the wagered bonuses are expenses for the casino %s... That is why the maximum rate is so low. It forces the punter to place as many bets as possible, and the longer the game lasts, the more chances that the theoretical advantage of the casino will be achieved. The casino calculates the issuance of bonuses in such a way that even by receiving supposedly free money, the punters bring them profit. To get this benefit, wagering conditions are created, including the maximum bet. Operators generally treat bonus wagering with trepidation, so do not be lazy to find out the maximum bets and games that cannot be played. Even under the condition that usually not bonus funds, but your own money will be spent in advance, with an active bonus, you need to follow the wagering rules. That is, do not bet more than is required, and do not play prohibited games. What happens if you win too much Casinos clearly do not like it when punters win a lot and often %s..online casino nz. You can still win a lot, but often it is already quite unlikely. One-time big wins can happen. But if a person is lucky for a long time, this can already be considered a miracle. On this topic What pokies can you really win? But in bookmakers it happens because skill matters there. Successful gamblers can have their maximum bet cut by 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 punters who count cards and win consistently. In online casinos, apparently, they also do not stand on ceremony with the punters %s... This becomes clear even if you look at their terms and conditions."We can close any account at any time without giving a reason." That is, by this they say that if they do not like something, they are free to do what they want. Below are excerpts from VideoSlots and ArgoCasino. The content is the same, the only difference is that VideoSlots clearly states that the money won by the punter will be paid honestly, while ArgoCasino does not specify this point. Although there are casinos that do not establish such, in my opinion, unfair conditions. For example, SlotsMillion does not say that it can close an account at any time without explanation. Instead, they say they have the right to do so if casino terms and conditions have been violated %s...