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Sports betting in general: Stake / loss limit for sports betting

Topic created on 20th Sep. 2023 | Page: 1 of 2 | Answers: 20 | Views: 2,404
Carmelo
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Stake / loss limit for sports betting

20th Sep. 2023, at 11:55 am CEST#1
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Hello people

i am currently looking for a reputable sports betting Provider with a German license. I would like to bet soon 2000€ at the EM 2024.

Are 1000€ bets possible? There is the limit (without further examination) to lose 1000€ per month. Was now at xtip (online offer) and see that you can lose 1000€ a month, but there is then still a LOSS LIMIT and you can not bet practically everything?
So I can not specify "1000 Deposit, 1000 lose". Is this the case with every provider? I do not want to register somewhere and deposit 1000 euros and afterwards it says "you can bet max 250 euros"

If I want to bet 2000, - I have to register with 2 providers and place the bet 1000 each?


Next question: How is it in stationary betting offices like Tipico? Is there also a 1000 € limit or can I directly give 2x 1000 Euro tickets? Do you know how it is with the customer card, do you have a limit there?


Thanks for your support.

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Langhans_innen
Expert

Stake / loss limit for sports betting

20th Sep. 2023, at 02:12 pm CEST#2
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You cannot Deposit 1,000€ at two different sports betting providers with a German license at the same time, because the maximum deposit amount per month is only 1,000€ across providers.

I would also at least think about your betting strategy for Euro 2024, whether the Risk can be spread a bit more widely. Of course, the plan with bets in the four-digit betting range a la "put all your eggs in one basket" (I must admit that I have not dealt with the existing betting limits per bet...but they do exist) can also work out, but maybe it does to start also 4 bets a 250€ or so


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Carmelo
Rookie

Stake / loss limit for sports betting

20th Sep. 2023, at 02:58 pm CEST#3
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Is then exactly settled by days or can I Deposit now 1000, - and on 1.10. again? It must be somehow possible 2x 1000 € to bet in one fell swoop.

It is important that I have bet the complete money for the Euro 2024.

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Andre
Expert

Stake / loss limit for sports betting

20th Sep. 2023, at 03:17 pm CEST#4
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Carmelo wrote on 20.09.2023 at 14:58: Is then exactly settled by days or can I Deposit now 1000, - and on 1.10. again? It must be somehow possible 2x 1000 € to bet in one fell swoop.

It is important that I have bet the complete money for the Euro 2024.

The limit is a monthly deposit limit and not a loss limit.


This limit also applies to the betting stores in Germany. After all, you can no longer place bets at the machine, but only over the counter. They will then check your data regarding the limits.

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Langhans_innen
Expert

Stake / loss limit for sports betting

20th Sep. 2023, at 03:23 pm CEST#5
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Carmelo wrote on 20.09.2023 at 14:58: Is then exactly settled by days or can I Deposit now 1000, - and on 1.10. again? It must be somehow possible 2x 1000 € to bet in one fell swoop.

It is important that I have bet the complete money for the Euro 2024.

You want to apparently really with the head through the wall and mercilessly pull through your Euro project. Well then ran da...is still a bit of time until the Tournament, but there are already odds. You can easily shoot it today and add a few thousand more every month until the tournament starts

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Carmelo
Rookie

Stake / loss limit for sports betting

20th Sep. 2023, at 03:24 pm CEST#6
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Oh, I thought it would still work at the vending machine.

If I go to Tipico tomorrow and get a customer card or create an account online, then the monthly Deposit limit is 1000 euros. If I would deposit now on October 1 again 1000 euro, with how much money can I play then? Can I deposit 2 bills á 1000 euro, would an employee check that or go also there only 1000 EUR? Because the service staff does not know much about me.


@Langhans:
I have a safe game for me and I don't want to leave money lying around. If it's gone, it's gone. You just have to reckon with it, but I see the chances as rather low. I have already done my research.
I haven't seen any betting opportunities for Euro 2024 yet, only who will win it. But now A against B you can not give.

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Langhans_innen
Expert

Stake / loss limit for sports betting

20th Sep. 2023, at 03:32 pm CEST#7
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Carmelo wrote on 20.09.2023 at 15:24: Achso I thought at the machine it still goes.

If I go to Tipico tomorrow and get a customer card or create an account online, then the monthly Deposit limit is 1000 euro. If I would deposit now on October 1 again 1000 euro, with how much money can I play then? Can I deposit 2 bills á 1000 euro, would an employee check that or go also there only 1000 EUR? Because the service staff does not know much about me.


@Langhans:
I have a safe game for me and I don't want to leave money lying around. If it's gone, it's gone. You just have to reckon with it, but I see the chances as rather low. I have already done my research.
I haven't seen any betting opportunities for Euro 2024 yet, only who will win it. But you can't bet A against B now.

But now you have made me curious: which is this game or are these games that have done it to you so?


PS. As for the odds on the preliminary round games: I assume that they will arrive early enough so that it will be possible to deposit 2 X1,000 €.

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x****Y

Stake / loss limit for sports betting

20th Sep. 2023, at 04:13 pm CEST#8
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Andre wrote on 20/09/2023 at 15:17:

The limit is a monthly Deposit limit and not a loss limit.


This limit also applies to the betting stores in Germany. You can no longer place bets at the machine, but only at the counter. They will then check your data regarding the limits.

Of course you can still gamble at the machine, but only up to a certain win. Have nen colleague, who currently has stress with tipico, because he 2x the same ticket without a card has played (wanted to circumvent the limit ), and both bills at once wanted to pay out. Now it goes already 2wochen with tipico, whether he gets none, one or both tickets paid out.

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Andre
Expert

Stake / loss limit for sports betting

20th Sep. 2023, at 04:15 pm CEST#9
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x00NY wrote on 20.09.2023 at 16:13:
Sure you can still gamble at the machine, but only up to a certain win. Have nen colleague, who currently has stress with tipico, because he 2x the same ticket without a card has played (wanted to circumvent the limit ), and both bills at once wanted to pay out. Now it goes already 2wochen with tipico, whether he gets none, one or both tickets paid out.

Okay then I was misinformed there and that is perhaps related to the state law ?!

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x****Y

Stake / loss limit for sports betting

20th Sep. 2023, at 04:24 pm CEST#10
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Andre wrote on 20/09/2023 at 16:15:

Okay then I was misinformed there and maybe this is related to the state law ?!!!

So I live in Bavaria, there it goes in any case still. But I can not tell you how high the limit is without customer card. Can I times at tipico ask when I'm back dorten.

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Falko
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Stake / loss limit for sports betting

20th Sep. 2023, at 05:02 pm CEST#11
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If you can prove to the gambling authority that you earn well, it is also possible that this 1,000 euro limit is lifted. At least I had read that somewhere. There are also people who are very very well off financially and for this group 1 000 euros are like a 50 penny piece. Therefore also that was considered in the law. Since it is perhaps possible that with you on request the limit is raised and you may then also set 2 000 euros without any problems.

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Carmelo
Rookie

Stake / loss limit for sports betting

20th Sep. 2023, at 05:10 pm CEST#12
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If I have now bet 1000 euro and make it assumed 2500. Is then the end for this month in which one has played? Or can I continue to bet? Because one is in the win and not in the loss.

Will if it gets complicated, still take someone or catch up, who then also creates a map and deposits for me.

Because I want to bet twice high when the first game was won.

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x****Y

Stake / loss limit for sports betting

20th Sep. 2023, at 05:44 pm CEST#13
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Carmelo wrote on 20/09/2023 at 17:10: If I have now bet 1000 euro and make it assumed 2500. Is then the end for this month on which one played? Or can one continue to type? Because one is in the win and not in the loss.

Will if it gets complicated, still take someone or catch up, who then also creates a card and deposits for me.

Because I want to bet high twice when the first game is won.

I do not understand why you want to play at a Euro bookie with a German license (5% tax, weak odds, few betting options and small limits), instead of simply placing your bets at a betting agent or a crypto bookie, where you can also place 100 000€ and more on such large events, but everyone must know for themselves.


There is a Deposit limit of 1000€ per month in Germany with all bookmakers with German license. (So you can't deposit 1000€ at bookmaker A and then 1000€ at bookmaker Whether you now make 100 000€ turnover with this 1000€ deposit, no one is interested. Besides, the EM 24 is still forever away, just pay 1000 €, wait a month and then pay the other 1000 €.

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Langhans_innen
Expert

Stake / loss limit for sports betting

20th Sep. 2023, at 06:41 pm CEST#14
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x00NY wrote on 20/09/2023 at 17:44:
Although I don't understand why you want to play at a Euro bookie with German license (5% tax, weak odds, few betting options and small limits) instead of just placing your bets at a betting agent or crypto bookie where you can also place 100 000€ and more on such big events, but everybody has to know for himself.


There is a Deposit limit of 1000€ per month in Germany with all bookmakers with German license. (So you can't deposit 1000€ at bookmaker A and then 1000€ at bookmaker Whether you now make 100 000€ turnover with this 1000€ deposit, no one is interested. In addition, the EM 24 is still eternally, but just pay 1000 €, wait a month and then pay the other 1000 €.

Although not every tax and not all odds are lousy with the German providers, but in individual cases for my taste quite competitive, but alone the basic idea of such a project, has not really hand and foot, insofar as you want to hold that under the best possible conditions. Now times completely apart from the fact that it does not want to reveal its target game obviously, although also in the case that all Mitleser here the Tip replays, there by far not even the second place behind the decimal point is moved With nem euro play so many millions go over the bar....it would be completely negligible. But what it's all about for me: there are still many months to go. Even if there are already odds available somewhere in January and he shoots 2,000€ on it: the sporting situation can be completely different at the time of the tournament. Let the ultimate performer of his favorite team be injured three days before the Tournament and a lot of things change. An analysis, no matter how profound, of a sporting event coming up in 9 months is a snapshot and nothing more. Of course, that would also apply if he placed the bet with the best crypto bookie in the world

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refucs
Expert

Stake / loss limit for sports betting

20th Sep. 2023, at 07:20 pm CEST#15
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2000 € bet on Germany Euromeister. After the preliminary round, which they should somehow survive, cashout. Then you should already be a millionaire.^^

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