How to Set Deposit Limits on Every Major Sportsbook

A step-by-step guide to setting deposit limits on DraftKings, FanDuel, BetMGM, and other major sportsbooks to keep your betting under control.

SafeBetting Editorial Team

Editorial Team

One of the most important tools for responsible betting is setting deposit limits. Every major sportsbook is required to offer this feature, but finding it isn't always intuitive. This guide walks you through the process on each platform.

Why Deposit Limits Matter

Deposit limits are your first line of defense against overspending. By setting a daily, weekly, or monthly cap, you ensure that you can never deposit more than you've budgeted for entertainment. Think of it as a guardrail: it's there to protect you when emotions run high after a tough loss.

Research shows that bettors who set deposit limits are significantly less likely to develop problem gambling behaviors. It takes just a few minutes to set up, and it can save you from financial stress down the road.

DraftKings

DraftKings makes responsible gaming tools accessible directly from your account settings.

  • Open the DraftKings app or website
  • Tap your profile icon in the top-right corner
  • Select "Responsible Gaming" from the menu
  • Choose "Deposit Limit"
  • Set your daily, weekly, or monthly limit
  • Confirm your selection

FanDuel

FanDuel offers a comprehensive responsible gaming center with multiple limit options.

  • Open the FanDuel app or log into the website
  • Navigate to Settings (gear icon)
  • Select "Responsible Gaming"
  • Choose "Deposit Limits"
  • Set your preferred daily, weekly, or monthly limits
  • Save your changes

BetMGM

  • Log into your BetMGM account
  • Click on your account menu
  • Select "Safer Gambling"
  • Choose "Deposit Limits"
  • Enter your desired limit amounts
  • Confirm to activate

Important Notes

Remember: lowering a deposit limit takes effect immediately, but raising it typically requires a 24-72 hour cooling-off period. This delay is intentional, and it protects you from impulsive decisions made in the heat of the moment.

We recommend setting limits that align with your entertainment budget. A good rule of thumb: never bet more than you'd be comfortable losing entirely.

About the Author

SafeBetting Editorial Team

Editorial Team

The SafeBetting editorial team provides expert analysis, reviews, and educational content to help bettors make informed decisions. Our team includes certified responsible gambling advocates and sports betting analysts.

Keep It Fun. Keep It Safe.

Smart bettors know their limits. Explore our toolkit for managing your bankroll, understanding the odds, and spotting the signs of problem gambling.

If you or someone you know has a gambling problem, help is available.Call 1-800-GAMBLER (US) or ConnexOntario at 1-866-531-2600 (Canada).