What Does Limit Mean In Sports Betting?
Among the many tools that sportsbooks use to protect their customers is the betting limit. The limit is the maximum amount of money you can bet on a particular game or event. The limits are usually determined by the odds of a given bet. The limit can also be determined by the type of bet. For example, a bettor may be allowed to place a $1.35m bet on an even-money shot.
The limits in sports betting vary from sport to sport and from table to table. Depending on the bet, the limit may be in the hundreds of dollars or in the millions.