Imagine for a moment what it would be like to win a long shot parlay. Picture realizing that at the amount you staked and the odds, you are going to walk away with millions of dollars.
And now picture the let-down when you realize that the maximum payout cap at the sports betting site you placed your wager at is way lower than that.
If you are new to betting on sports, you may not realize that sportsbooks have these types of limits on payouts, but you will probably notice pretty quickly that they have limits on stake sizes.
But if you have been wagering for some time now, you likely already are familiar with the maximum payout size limits on the sites you have joined.
Both caps on payout sizes and caps on bet sizes can hold you back from achieving more profit.
So, you might be wondering which sports betting sites are the best with respect to betting limits and payout caps. Where can you make the highest potential profits?
To answer that question, we will compare betting limits and payout maximums at some of our favorite sports betting sites.
But first, let’s talk about both of these types of restrictions in a little more detail in case you are a newbie and not that familiar with these types of limits.
Sportsbooks Limit How Much You Can Risk for Different Types of Bets
For every type of wager you can place and for each specific sport, the sportsbook where you are betting will have betting limits in place.
Betting limits have always been around, but they have tightened over time. It is worth taking note that betting limits are not identical for every user on a particular site.
There are standard betting limits in place which apply to most customers, but some customers may have lower or higher limits.
Customers with lower limits might have been limited because they broke rules or because they are winning too much.
Customers with higher limits may be rewarded with them because of their loyalty and because they follow the rules.
It might also be possible to get higher limits if you are a high roller, but have not shown a propensity to win too frequently.
Regardless, all stake size limits are at the discretion of each individual sports betting site at all times.
Those limits can be raised or lowered without warning either for everyone, or for an individual customer.
While you can request higher limits, it is at the discretion of the site whether to grant your request.
There Are Also Caps on Payout Sizes, Especially for Exotic Wagers
By limiting how much you can stake on your wagers, online sportsbooks make sure that your winnings will not exceed what they feel comfortable paying out, but another way they can accomplish the same thing is to simply limit payout sizes directly.
The most common context for limiting payout sizes is when it comes to horse racing.
In fact, many betting sites have separate rules pages for horse racing than they do for the rest of their sports.
There may be payout limits listed for every type of wager, or you might just see them for certain types of exotic wagers and accumulator bets.
A Few Reasons Maximum Bet and Payout Sizes Matter
For some sports bettors, maximum payout sizes are never going to become a major hassle. You might never find yourself trying to exceed betting limits, and you might never have a win which is so large as to be subject to a payout cap.
Following are some situations where maximum bet and payout sizes could impact your life, however:
- You bet on horse racing
In general, if horse racing is your thing, you need to be particularly aware of maximum bet and payout sizes as many sites are far more restrictive in this department when it comes to their racebooks than their sportsbooks.
- You make exotic bets
If you like making exotic wagers and accumulators, whether on horse racing or other sports, maximum payout sizes in particular are worth paying attention to. Even a wager with a relatively small stake might easily exceed a payout cap under some conditions.
- You are a high roller
Like to bet big because you can? You will probably find yourself hitting maximum bet and payout sizes more often than other punters. You might want to talk to customer service (see the next section).
- You are betting professionally
Sports bettors who wager professionally, whether full-time or otherwise, may need to make large bets regularly.
Some Tips for Getting Higher Limits or Payouts
Don’t like the limits you are stuck with right now? Here are a few recommendations for how you might be able to push them higher or get around them.
- Don’t do anything to get yourself punished
The first thing to do is just play according to the rules the sportsbook sets, and don’t make waves. If you are a loyal customer and you don’t violate rules (i.e. you don’t try to claim extra bonuses you don’t qualify for), it is less likely that you will be slapped with a lower limit.
- Request higher limits
Think that you should have higher limits, and don’t see a reason that the sportsbook would disagree? It can’t hurt to ask. There is a chance the site will consider granting your request. Talk to customer service to find out if you qualify.
- Place wagers on sites with higher maximums
Not happy with the limits where you currently wager? You don’t need to settle. There are other sportsbooks out there which may do better.
- Re-bet on sites that allow it
You may be able to do this after a certain time increment has passed or after the odds have shifted by a certain amount (or both). This may make it possible for you to double up on the same wager at the same site.
- Consider combining bets across sites
Even without re-betting, you can make the same wager at more than one sportsbook online. This also helps you deal with payout caps, even in cases where re-betting on individual sites could help you get around staking limits.
Our Recommended Betting Sites: How Do Their Betting Limits and Payout Maximums Compare?
Now that we have discussed betting limits and payout maximums, let’s look at the specific limits set by different sportsbooks we recommend.
BetOnline is a great site for making larger deposits. But how is it in general when it comes to betting with a larger bankroll? Let’s take a look at the site’s policies when it comes to betting and payout limits.
BetOnline mentions some limitations on wagering and payout sizes on their page discussing the different types of wagers they offer. Here are the caps they state, as of the time of this writing:
For 21-point Super Teasers, you can risk no more than $5,000.
A parlay will pay out a maximum of $150,000.
There are also specific track limits for horse racing wagers. Here are some examples:
For Category E tracks such as Dover Downs or Cal-Expos, the maximum net profit per race is capped at $2,500.
For Category A tracks such as Churchill Downs or Belmont Park, the maximum net profit per race is capped at $25,000.
For special categories, the maximum net profit per race is capped at $100,000.
The wagering limit for all of the sports offered by BetOnline can be found over with the rest of the usual terms and conditions.
BetOnline also mentions, “Important New Feature: Once a specific limit has been reached, it can re-bet every time the odds move and/or every 61 seconds.”
So, if you wait 61 seconds and a wager still looks like a good opportunity, you should be able to place another bet, thus exposing yourself to more risk than the maximum for a single bet. That is pretty awesome.
One of the biggest names in sportsbooks catering to USA players is Bovada, and it remains one of my all-time favorites. Let’s check out their limits for stake sizes and payouts.
Bovada has different stake and withdrawal limits for different categories of racetracks on their page. Here are some examples:
Category A tracks: Maximum stake per straight wager: $500. Maximum stake per exotic wager: $300. Maximum payout per race: $30,000.
Special races: Maximum stake per straight wager: $1,000. Maximum stake per exotic wager: $500. Maximum payout per race: $50,000.
For a quick comparison versus BetOnline, let’s look at a few different types of bets:
- If you want to place a moneyline bet on MLB at Bovada, the maximum stake size is $2,000. If you want to place the same type of wager at BetOnline, the limit is $10,000.
- If you want to place a totals bet on NBA at Bovada, the betting limit is $1,000. At BetOnline, the betting limit for a totals wager on an NBA game is $5,000.
The same page states, “The maximum single-wager payout for Bovada Sportsbook is $100,000 and $50,000 for the Racebook. No single-wager payout will exceed these amounts under any circumstances.”
So, comparing Bovada and BetOnline, BetOnline:
- Offers higher betting limits in general.
- Offers higher maximum net profits for horse races.
So, between the two, BetOnline is superior.
Also called “Game Time Bets”, this sportsbook is a popular one among US bettors, and one we have had a great, consistent experience with. Let’s take a look at their wagering limits and payout maximums.
The horse racing limits are listed here for GT Bets. Here are some examples:
For a Class A track, the maximum bet size for win, place or show is $500.
For an exacta or a quinella, it is $200. For a trifecta, it is $50.
For a daily double, it is $200.
For a superfecta, pick 3 or pick 4, it is $25.
The maximum payoff is track odds for win, place, show, exacta or quinella as well as daily double.
It is 2500 to 1 for trifecta, 5000 to 1 for superfecta or pick 3, and 10000 to 1 for pick 4.
The maximum net win per race is $20,000.
The maximum net win per race for Triple Crown and Breeders’ Cup events is also $20,000.
Those maximum net wins for horse racing are lower than they are at BetOnline as well as Bovada.
Let’s do some comparisons:
Placing a moneyline bet on MLB at Bovada, the maximum stake size is $2,000. At BetOnline, it is $10,000. At GT Bets, there is no limit listed for an MLB moneyline bet.
A totals bet on NBA at Bovada has a limit of $1,000. At BetOnline, it is $5,000. At GT Bets, it is $1,000, so identical to what it is at Bovada.
At a glance, it looks like the betting limits at GT Bets for most sports are comparable to what they are at Bovada.
MyBookie is a sportsbook we’ve been working with for years. While they have a lot of great features, their customer service is above and beyond compared to other sportsbooks. How do they do when it comes to betting and payout maximums?
On this page for its sportsbook rules, MyBookie states:
- The maximum payout for any parlay is $100,000 and the maximum combined daily winnings for any account is $100,000.
- Free plays can be used on any event in the Sportsbook, in straight wagers or parlays, up to maximum odds of 200/1 with a maximum win amount of $500 on one single team using a MyBookie Sportsbook, Casino and Racebook free play funds.
But what about betting limits? I was unable to find the page where MyBookie lays out its betting limits, but the last time I checked, most wagers carry a $2,000 maximum stake size, with $250 for props and futures.
So, that seems roughly in line with what you can expect at Bovada or GT Bets.
On their page, MyBookie details the racebook rules, stating:
MyBookie pays track odds up to the house limits, as specified in our max payouts.
There’s a maximum net profit on each individual race based on the track lists. Daily doubles, pick 3s, pick 4s and pick 6s count toward the last race in its sequence when calculating the race profit. The formula is Net Profit = Net Payout – Total Amount Wagered. This resets for every individual race.
There are no house odds. If there are no track payoffs for a certain type of wager, MyBookie will refund all wagers on that type.
If a track isn’t listed on the track list, the maximum net profit defaults to $1,000. MyBookie will grade your action upon management approval.
Also according to their terms, you can also view the maximum payouts for the different track categories.
For example, for a Category A track, a win, place or show bet pays out at track odds. A daily double is limited to 750/1, an exacta pays out at a maximum of 500/1, a quinella pays out at up to 400/1, a trifecta is limited to 1000/1, a superfecta or pick 3 pays out at 1500/1, and a pick 4 pays out at 5000/1.
The formatting for the horse racing odds and payouts at MyBookie makes it easy to compare them directly to those over at GT Bets.
So, for instance, a trifecta at MyBookie pays out at 1000/1, but it pays out at 2500/1 at GT Bets, which is significantly better.
Meanwhile, a superfecta or pick 3 at MyBookie pays out at 1500/1. At GT Bets, the payout maximum is 5000/1 for either of those, so that is once again better.
A pick four at MyBookie pays out 5000/1. At GT Bets, a pick four pays out 10,000/1. So, once again, GT Bets comes out as the more competitive option for horse racing wagers.
You will recall the maximum net win per race limit of $20,000 over at GT Bets. MyBookie matches that for its Category A tracks.
This high-volume sportsbook is a popular one among high rollers and customers with smaller bankrolls alike. Their competitive odds and the consistency of their payouts are two of the reasons we recommend them. Let’s check out their betting and payout limits.
On their terms page, BookMaker states that the payout maximum is $150,000 for parlays. That is identical to the parlay payout cap at BetOnline.
The same page also lists maximum payouts for special teasers (+10 points in football / +8 points in basketball), which are as follows:
- Point spreads only: $20,000 for NFL, $10,000 for NCAA College Football, and $10,000 for NBA and NCAA College Basketball.
- When totals are included: $5000 for NFL, $3000 for NCAA College Football, and $5000 for NBA and NCAA College Basketball.
Keep in mind that those are payout maximums, not staking limits.
What about the payout maximums for horse racing? You can find those listed over there as well.
As an example, the maximum net profit for a Category A track is $30,000 per race. That is higher than it is at most other sites, and a tie for what it is at Bovada. So, that is pretty awesome.
If you looked into joining SportsBetting.ag back before 2012, you might’ve been leery when you learned the site had racked up debts. But in 2012, BetOnline purchased it, getting the site back in the black and turning it into a safe, reputable, and reliable site on which to wager.
Let’s take a look at the betting and payout limits at SportsBetting.
According to their terms, these are the wagering limits for the sportsbook.
(As best we can tell, the wagering limits at SportsBetting are identical to those at BetOnline, which is not a surprise.)
That is also good news, as BetOnline has some of the more competitive wagering limits, which means the same is true for SportsBetting.
As with BetOnline, SportsBetting lets you re-bet after 61 seconds has passed and/or after the odds have shifted. So, that is another advantage.
Also, as specified here, “All parlays will pay up to a maximum of $150,000. However, the maximum amount a player can win in a 24hour period is $150,000.”
So, that is consistent as well.
As you might have guessed, the horse racing maximum net profit per race for each category is the same at SportsBetting as it is at BetOnline.
So, for example, for Category A, it is $25,000. For special categories, it is $100,000.
These are pretty good limits.
If you are looking to join a sports betting site which has had a strong reputation for a long time running, consider Intertops. This site has been in operation for more than two decades now, and has a solid track record. In fact, we have been working with them for around that long, and have been impressed year after year.
Let’s take a look at wagering and payout limits at Intertops. According to the Terms and Conditions page at Intertops:
- The maximum dollar amount that may be won by an individual customer, syndicate or partners per bet is one hundred thousand (100,000) dollars U.S. currency or the equivalent in the currency of your Intertops betting account.
- The maximum dollar amount that may be won by an individual customer, syndicate or partners on a weekly basis is one hundred and ten thousand (110,000) dollars U.S. currency or the equivalent in the currency of your Intertops betting account.
In terms of track limits, the same page lists the following information:
The following tracks are subject to a maximum net payout of $20k
- Belmont Park
- Churchill Downs
- Del Mar
- Gulfstream Park
- Oaklawn Park
- Santa Anita
The following tracks are subject to a maximum net payout of $15k
- Arlington Park
- Fair Grounds
- Gulfstream Park West
- Los Alamitos (TB)
- Monmouth Park
- Turfway Park
The following tracks are subject to a maximum net payout of $10k
- Delaware Park
- Ellis Park
- Golden Gate Fields
- Laurel Park
- Lone Star Park
- Louisiana Downs
- Mountaineer Park
- Parx Racing
- Penn National
- Tampa Bay Downs
- Turf Paradise
All other tracks are subject to a maximum net payout of $5k
That is pretty much comparable to what a lot of other tracks are setting in terms of limits for payouts.
If you enjoy wagering at MyBookie, you will also want to check out Xbet, which is run by the same folks. Let’s take a look at their limits and maximums.
I didn’t find a table listing the wagering limits for the sportsbook side of the site, but there is a list of track limits here.
The maximum payout for A tracks is $20,000, while it is $15,000 for B tracks, $5,000 for C tracks, $3,000 for D tracks and $1,000 for E tracks.
Win, show and place bets are all paid out at track odds across the board, while specific maximums are listed for all other wager types.
At a glance, these maximums appear to be the same as they are over at MyBookie, which makes sense.
So, we can likely assume that Xbet also has the same wagering limits in place for the sportsbook.
Verdict: Which Sportsbooks Offer the Most Competitive Betting and Payout Limits?
Now that we have taken a look at betting limits and payout maximums at a variety of sports betting sites, let’s go over what we have learned. Which sites came out on top in our comparison?
Overall, our favorite sports betting sites were all pretty competitive within our analysis. But based on our comparisons, our pick for the best sportsbook for wagering limits and payout maximums is Bovada.
Here are the reasons why Bovada gets our top vote:
Wagering limits ranging up to $5000 for major sports are pretty solid.
Bovada permits re-betting an unlimited number of times.
The maximum net profits per race across track categories are among the highest.
There are plenty of other reasons to recommend Bovada as well. Take a look at our detailed Bovada review, or open an account now.
Runners-Up: BetOnline and SportsBetting
For our runners-up, BetOnline and SportsBetting are tied. It makes sense to judge these two online sportsbooks together, since they are run by the same people, and include the same limits and maximums.
Here is why they are our runners-up:
Both BetOnline and SportsBetting offer some of the highest wagering limits in their sportsbook sections.
The maximum net profit per race for special categories is excellent, and the maximum net profits per race for other categories are pretty competitive.
So, those are our top three picks: Bovada, BetOnline and SportsBetting. But the others on this list are not far behind, and also offer plenty of other compelling features and benefits which make them fantastic places to make your wagers.
Join More Betting Sites to Increase Your Opportunities to Profit
We have now compared the maximum stake sizes and payouts at a number of sportsbooks.
All of these sportsbooks offer exciting bonuses, excellent selections of betting markets, and competitive odds.
Consider opening accounts on more than one of them. That way, you can shop the odds and also place multiple bets on the same events at different sites.
Doing so might help you to increase your potential payouts cumulatively above the ceilings set by individual betting sites.
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