Thinking limits are only for people with gambling problems.

A limit is most useful when you set it before you’re caught up in playing.

Deciding beforehand what you’re willing to spend gives you something to compare the next deposit with. After a loss, the amount that feels acceptable can change surprisingly quickly.

A spending limit should cover the full amount you’re willing to lose, across accounts and cash bets. “Another $20” still belongs in the total. A time limit matters too if following bets is taking over the evening.

Moving the limit because you’re close to getting even removes much of its purpose.

Setting a limit doesn’t make gambling risk-free. If you repeatedly cross it, the next step can be stronger barriers or support from someone else, rather than another promise to follow the same plan.