Limit Meaning – The Maximum Amount You Can Bet on an Event
A limit is the maximum amount you can bet on a market or deposit into your account. It can also refer to the maximum amount you’re allowed to bet on a single event.
For example, if you want to bet $10,000 on a particular game, but the sportsbook has a $5,000 limit on single bets, you’ll have to settle on betting $5,000.
You can still bet this amount by splitting it into two bets, if the book doesn’t have any strict rules on this.
Limits vary from betting site to betting site and can even differ depending on the day you’re betting on. For instance, if a particular betting market is more liquid, the sportsbook will allow bettors to place larger bets.