Sky Bet intorduce global deposit limits for all customers
27 Aug 2024
Sky Bet is set to roll out a Global Deposit Limit thats placed on all our customers’ accounts. Refering to them as a backstop or handbrake, one tool of many which used to help reduce the risk of significant losses in short periods of time.
Global Deposit Limits vary based on age and are calculated based on Net Deposits. Total Deposits – Total Withdrawals = Net Deposits.
These operate as a calendar limit, which means they apply to fixed calendar periods and reset at the beginning of each new period.
Sky Bet will also need more information about discretionary income (the money people have left over after covering essentials like taxes, bills, and groceries) to help us set a personalised limit.