You can set both deposit and loss 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.
This restricts the amount of money entering your account, before you gamble.
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.
How to set a deposit & loss limit
Once you have an account you can set a deposit and loss limit. Simply log in to your Smarkets account and select settings.
Now click on the 'Limits' tab.
From here you can set both deposit and loss limits on your account. The below example shows the option to set a loss limit. Select the requested time period and the limit amount, then click 'Apply limit'.
Changes made to reduce your limits will take effect immediately, however there is a week pending period before increased limits will take effect.