What Are Loss Limits?
Loss limits are one of several tools that casinos offer as part of their responsible gambling practices. And as you probably might’ve guessed, these limits restrict how much you can lose with a casino.
However, although the term is kind of self-explanatory, you need to understand how these limits work to take full advantage of them. Above all, you must understand how casinos define a loss. But before we get into all that, let’s first explain how you set a loss limit.
Depending on which casino you’re playing with, you can set a loss limit in two different ways:
- Set the limit yourself in your account settings.
- Contact customer support and have them set the limit for you.
Out of these two options, the first one is the most common.
Let’s look at how you would set a loss limit at CasinoCruise.
Go to your account settings.
Look for a limit or Responsible Gambling in the account menu.
Choose the amount and duration of your loss limit. Periods may vary with each casino, but the most common ones are 24 hours, 7 days, one week, one month or a year.
Choose your desired amount.
Save the changes.
Once your limit has been saved, you’ll receive a confirmation on the website or via email. Now, you won’t be able to stake real money once you’ve reached your set loss limit. When the period has expired, the casino will reset your loss limit, and you’ll be able to play again.
Loss limits only apply to real money and won’t consider any bets you make with bonus credits.