Payne Purdum: U.S. States Minimum Betting Limits Should be Required by State Regulations
ESPN's David Payne Purdum on Thursday tweeted out that he feels U.S. state regulators should require sports betting companies to post their minimum wagering limits.
Purdum, who covers the sports betting sector for the sports media outlet, responded to a tweet from Circa Sports:
"You don't need to disguise your betting patterns to get our standard limits. These are available to all bettors."
Posting your minimum betting limits should be required by state regulations, imo. https://t.co/8p6OkpQeyV
— David Payne Purdum (@DavidPurdum) July 21, 2022
Payne Purdum later said: "I’m an advocate for minimum bet liabilities, but realize it’s nuanced. Could we base them on expected handle on markets?"
SevenConstanza brought up an interesting point via Twitter in response.
"With all the other nitpicky regulations i’m surprised it’s not."
Circa Sports is widely considered one of the few U.S. regulated sportsbooks willing to take large bets without booting players and obliterating their maximum limits down to a few hundred dollars. Their presence is limited to only a handful of jurisdictions, however.
Circa Sports provided a pubic PDF of their limits.
"And note that our limits aren't a hard cap. You can re-bet over and over, we just get a minute to adjust the odds between each of your bets. If you're hoping to bet more than the limit just ask at the counter. Often we can take the entire bet in one go, no re-betting necessary."
- Aaron Goldstein, Gambling911.com
