How to Set Yourself Time and Money Limits When Playing Casino Games

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BetMGM Jan 20, 2022, 12:11 PM

BetMGM encourages responsible gambling across all of our online casino games. Whether you’re sitting down for a few hands of Texas Hold ’em or testing your luck on the roulette wheel, we’re here to help you have fun and stay safe.

Read on to find out more about what effective limits look like, why you should use them, and how you can add limits to your BetMGM account.

Why should you set time and money limits?

Time and money limits put you back in the driver’s seat. It can sometimes be hard to keep track of how much of your cash and your day is spent at the casino. Limits provide a useful reality check to let you know exactly where you’re up to.

Ultimately, going to the casino is all about having fun. But in the heat of the moment, emotions can sometimes get in the way of making responsible decisions. With limits in place, it’s much easier to avoid overspending and turning a fun time into a bad experience.

How to set limits at BetMGM

We’ve implemented a comprehensive spending limit system for our online players. After specifying your daily spend limit, the system will send you a warning whenever you go over that threshold. The warning will be displayed when you try to enter a new game or when re-buying into the current game.

You can also implement a time limit. Using this feature, you’re able to limit the number of hours that you can access our online games. Once you’ve set your daily maximum, the timer will decrease whenever you’re logged in, not just when you’re in a game.

A further option is a daily deposit limit. Deposit limits are very effective safety measures, especially when combined with a spending or time limit. Your deposit limit can be adjusted from the Responsible Gaming Limits page. If you increase your limit, it will take 24 hours for the increase to come into effect.

It’s also important to understand how online casinos work and how they differ from in-person casinos before you jump into a game.

Managing your bankroll in online casinos

Setting up limits with your online casino is always a great idea, but it’s also worth thinking about how much you’re willing to spend within each game. Take some time to decide on your maximum spend before you start a new game, as you’re more likely to stay in control and continue having fun.

Let’s take a closer look at some of the casino games you can find at BetMGM and consider how you can use spending limits to manage your bankroll.

Online slots

Online slots are some of the most popular casino games, and for good reason! They’re fun, exciting, and easy to understand. When you’re playing real money slot games, keeping an eye on your balance is essential to ensure that you’re not spending too much.

If you know that you’re going to be playing over a number of sessions, be sure to budget for each one. You don’t want to lose all your money in the first game and be tempted to buy back in. Dividing your spending limit by the number of sessions is an easy way to do this.

You should also think carefully about the coin values when playing. You can choose a range of different stakes when you play slots online. The higher the stakes, the higher the potential payout. Of course, the flip side is that there’s more risk of losing larger sums when betting higher stakes. If you’re new to online slots or just want to keep things fun, start with small coin values.

Roulette

Roulette is another giant of the online gambling world. Its popularity is due to its simplicity and high-reward nature. BetMGM features a wide selection of low and high-stakes games for roulette lovers to enjoy.

Roulette is a great casino game, but you need to have a good money management system in place to enjoy it. Limiting your bet size on each spin will mean you can play longer, and you’re less likely to have a big loss. When playing roulette, you should never try to make up lost cash by betting big on the next spin.

It’s quite easy to sink lots of time into the roulette table without realizing it. Having a time limit in place is a fantastic additional safety measure to ensure you stay in control of your game time.

Blackjack

There are a few different ways to play blackjack online, from virtual hands to live dealer games. However you choose to play, you should always know how much you’re willing to spend before the first hand is dealt.

Playing blackjack can cause a roller coaster of emotions. There’s nothing quite like twisting with 16 and seeing a 5 get turned over, but going bust multiple hands in a row can be frustrating. You need to be ready for either situation and always stay within your limits whether you’re winning or losing.

Online Poker

Poker is the king of casino table games. The combination of skill and luck that’s required is enticing to players, but even the best poker players in the world can lose lots of money if they’re not careful. The biggest thing to be aware of when you’re in an exciting poker game is re-buying.

Re-buying occurs when you run out of chips in the game but want to keep playing. The problem is this usually happens after a big all-in loss when emotions are running high. If you do run out of chips, step away from the game for a moment. You could regret jumping straight back into the action if you don’t.

As with online slot games, if you know that you’re going to be playing poker across multiple sessions, then you should divide your spending limit evenly between them.

FAQs

Can I opt out of my BetMGM spending and time limits?

You’re free to opt out of your limits at will. However, to protect our players and ensure that they’re gambling responsibly, there’s a delay before the opt-out takes effect. If you decide at a later time that you don’t want to remove your limits, then you can cancel the opt-out at any time during the delay period.

Can I change my BetMGM limits?

If you want to play casino games with lower spending or time limits, then the change can be made immediately. If you want to increase the limits, then the standard delay period will apply.

Register at BetMGM for the best gambling experience around

To sign up and play at BetMGM, head over to the registration page. Once signed up, be sure to set your time and money limits before jumping into the fun. We firmly believe that responsible gambling is the best type of gambling, and we want to ensure our clients have a great experience every time they log on. 

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Our BetMGM editors and authors are sports experts with a wealth of knowledge of the sports industry at all levels. Their coverage includes sports news, previews and predictions, fun facts, and betting.

Our BetMGM editors and authors are sports experts with a wealth of knowledge of the sports industry at all levels. Their coverage includes sports news, previews and predictions, fun facts, and betting.