You can set Deposit, Loss, and Stake limits on Smarkets.

Deposit Limits

Deposit limits allow you to control the amount of money you can deposit into your account. The amount can be set over a period of one day, one week, or one month. Deposit limits can be either 'Net' or 'Gross'. Net deposit limits also take into account withdrawals made during the limitation period and adding this amount back to the available limit, whereas gross limits do not.

Limit periods will reset at midnight. The weekly, monthly, and yearly limits will reset every 7, 31, and 365 days respectively after they were set and will therefore not always follow calendar weeks, months, or years.

This restricts the amount of money entering your account before you gamble.

Loss limits

Loss limits allow you to limit the amount of money you can lose over a given period. The limit can be set over a period of one day, one week, one month, or one year. 

This restricts the amount of money you can lose to control your gambling.

Find out more about how loss limits work here.

Stake limits

Stake limits allow you to limit your maximum stake per bet. 

How to set a limits

Limits can be set via the settings page on Smarkets. You can decrease your limits instantly, but increases to limits only take effect following a seven-day cool-off period.

Customers based in the UK

If you registered after the 28th of February 2023, your account will have a £4999.99 Monthly Net Deposit Limit applied to it unless you set lower limits during sign-up.

If you registered after the 28th of March 2023, your account will have a £1000 Daily Net Deposit Limit and a £4999.99 Monthly Net Deposit Limit applied to it unless you set lower limits during sign-up.

You can request to raise your Net Deposit Limit on the limits page but you will need to adhere to the 7-day pending period.