Setting Deposit and Loss Limits in 2027: Before You Play
Set three numbers before your first bet. Decide how much you will add, how much you can afford to lose and how long you will play. Deposit and loss limits turn the first two into account rules. Betway is the site this guide recommends for budget-minded players in Ontario, because it offers both, plus session limits, by day, week or month.
How do deposit and loss limits work?
Deposit and loss limits cap your money in two different ways. A deposit limit caps what you can add to your account in a period. A loss limit caps what you can lose. Betway offers both on a daily, weekly or monthly basis, and you choose the amounts yourself.
A deposit limit is simpler to understand. A loss limit is closer to the real cost of play, because winnings you re-bet do not count as new deposits.
Many budget-minded players use both. The deposit limit controls cash in, and the loss limit controls the damage on a bad run.
How do you set a deposit limit on Betway?
Setting a deposit limit on Betway takes a few minutes. You decide your amount, choose the period and save it. You can also ask Betway's customer service to set or adjust one by email or live chat. Betway's Responsible Gambling page offers both routes.
- Check your monthly budget for entertainment first.
- Check which period suits you: daily, weekly or monthly.
- Check the amount fits that period, not just one session.
- Check the limit shows as saved in your account.
- Check it again after a month and lower it if needed.
Weekly limits suit most people. They match pay cycles and leave room for a weekend of sport.
Write the limit somewhere you will see it, such as a note on your phone. Seeing the number before you open the app reminds you of the plan you made when you were calm.
How do you add loss and session limits?
Betway lets you set loss limits during registration, then change them later from the responsible gambling page or through customer service. Session limits are set from your account under Set Limits. Both run by day, week or month, and both follow the same rules for changes as deposit limits.
- Check that your loss limit is lower than your deposit limit.
- Check that your session limit matches the time you can spare.
- Check that both limits use the same period as your deposit limit.
Matching periods keeps things simple. A weekly deposit, loss and session limit is easy to track together.
Review all three on the same day each week. Betway's activity statement shows your deposits, bets and session times, which makes the review quick.
Can you raise a limit right away?
No. Betway applies a 24-hour cooling-off period before an increase or removal takes effect. A decrease applies instantly. That design gives you a day to reconsider a higher limit, which helps on nights when a loss makes you want to keep going.
| Change you make | When it applies on Betway | Why it works this way |
|---|---|---|
| Lower a deposit limit | Instantly | Protection should start at once |
| Raise or remove a deposit limit | After 24 hours | Time to reconsider |
| Lower a loss limit | Instantly | Protection should start at once |
| Raise or remove a loss limit | After 24 hours | Time to reconsider |
| Lower a session limit | Instantly | Protection should start at once |
| Raise or remove a session limit | After 24 hours | Time to reconsider |
If you find yourself raising limits often, that is a signal to pause. Betway's Take a Break option can help.
Which limit setup suits your budget?
Betway gives budget-minded players in Ontario three limits that work together. The quick picks below match common budgets to a simple setup. Pick one, save it in your Betway account and review it at the end of each month. Adjust it downward the moment it feels too generous.
- Small weekly budget: weekly deposit limit, weekly loss limit below it.
- Monthly pay cycle: monthly deposit limit, weekly session limit.
- Mostly live betting: daily session limit plus a weekly loss limit.
- Casino and sports: one weekly deposit limit for both.
What do people ask before setting their first limit?
Before setting a first limit, people ask how it works, whether it can be raised quickly and how loss and session limits differ. The four answers below follow Betway's Responsible Gambling page, revised in May 2026, for accounts in Ontario.
How do deposit limits work?
A deposit limit sets the most money you can put in over a chosen period. Betway offers the period as a day, a week or a calendar month. Once you reach the limit, you cannot deposit again until the period resets. Lowering the limit takes effect straight away.
Can you raise a limit right away?
No. On Betway, raising or removing a deposit, loss or session limit takes effect after a 24-hour cooling-off period. Lowering a limit applies instantly. The delay gives you time to think again before spending more than you first planned, especially after a loss.
What is a loss limit?
A loss limit caps how much you can lose over a day, a week or a calendar month. Betway lets you set one at registration and change it later from the responsible gambling page or through customer service. Increases wait 24 hours.
What is a session limit?
A session limit caps the time you spend logged in over a day, a week or a month. Betway lets you set one from your account under Set Limits. It helps you stop at a planned time, which matters most during long evenings of live betting.
How do limits keep play safe on Betway?
A limit set today protects every session that follows. Betway accounts in Ontario require you to be at least 19. The 24-hour wait on any increase means a bad night cannot undo a plan you made calmly. Lowering a limit, by contrast, works instantly.
Review your limits on the first day of each month. If gambling stops being fun, contact ConnexOntario by phone at 1-866-531-2600 or by text at 247247.