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If you’re a high-stakes gambler or simply want to know how deep a bookmaker’s pockets are, my guide to high maximum win betting sites reveals the what, the why, and the how much of sportsbooks with high maximum win limits.
It may surprise some bettors to learn that sports betting sites limit the amount you can win on a single bet. As such, I’ll be discussing why bookies restrict big wins and what it means for you, along with the sports markets that attract the most eye-catching potential prize pots. Spoiler alert: it’s football, but you probably already guessed that.
If you’re new to sports betting, you might assume that there would be no upper limit on the amount you can win with a successful bet. But you’d be wrong.
Yep, most bookies cap the maximum win amount on most sportsbook selections, so even if you opt for the most unlikely odds, there’s only a certain amount you can take home. The question is – why?
From a bettor’s perspective, maximum payout amounts can seem pretty unfair. Why should a bookmaker be allowed to cap the amount you can win on a single bet?
Well, as it happens, there are a few valid reasons for this, including:
Yep, maximum win limits pretty much act as insurance for bookmakers against major losses that would otherwise cripple their business. If there was no cap in place, they could be liable to pay millions in one go. Or to put it another way: if there was no maximum win limit, there wouldn’t be many sports betting sites left to bet at.
Unrestricted payouts can lead to skewed odds, which is why you’ll often see variance between the maximum payout limits on different odds and bet markets within a single sportsbook.
Believe it or not, match-fixing continues to be a thorn in the side of bookmakers, particularly in smaller leagues and lesser-known sports markets. That’s often why you’ll see much smaller payout limits for sports that aren’t as well regulated as likes of football, golf, and horseracing.
So, now you know why sports betting sites set maximum win limits. To be honest, most casual gamblers won’t even notice, but if you’re a high-stakes bettor, you might want to check a bookmaker’s upper payout limit first.
If you’re specifically looking for high maximum win betting sites, you should know that there are a couple of factors that ultimately affect how much you’re able to win with a single bookmaker. There’s no secret sauce to all this, either – it’s all common sense stuff.
It’s a fact that the newest betting websites are likely to have much lower maximum win limits than their better-established counterparts. That doesn’t make them bad or unworthy of your custom, but it is something to consider if you’re looking for big wins. Basically, the longer a sportsbook has been around, the more power they have to offer the biggest prize pots.
Yep, some sports fetch bigger potential wins than others, purely because they’re more popular and more profitable for the bookmaker. I cover the sports that bring the highest maximum wins in greater detail below but suffice it to say that the likes of handball, bowls, and trotting don’t come top of the list.
As touched on earlier, you’ll find that betting sites with high maximum wins tend to alter the total winnable amount depending on the sport in question. For instance, football bets have a higher maximum win total than the likes of, say, beach volleyball, owing to their popularity and the number of different odds available.
So, if you’re a high-stakes gambler, which sports bring the highest possible wins? Let’s take a look…
Sports | Average highest winnings |
---|---|
Football | $500,000-$2,000,000 |
Horseracing | $500,000-$1,000,000 |
Golf | $500,000 |
Tennis | $250,000-$500,000 |
US sports (NFL, NBA, MLB) | $250,000-$500,000 |
The figures quoted are for reference only and may differ significantly depending on the sports betting site you choose. However, I do think that gives a good picture of the highest-paying sports to bet on, as well as the typical limits set by high maximum win betting sites.
OK, so you’re midway through reading a bookmaker’s T&Cs (yawn) and come across limits for both maximum possible wins and maximum possible stakes. So, what’s the difference?
As the term suggests, a maximum win is the total amount you can win on any bet; this could be $100,000 or $2,000,000 depending on the sport in question and the high maximum win betting site you’re playing at.
Meanwhile, the maximum stake refers to the highest possible wager you can make on any given bet – be it $5 or $5,000. The two are closely connected since the maximum win tends to dictate the maximum possible stake.
You probably don’t need me to tell you the perks that come from cash out betting sites with the highest possible win limits. Even if you’re a casual bettor not looking to spend a lot to have a flutter on your favourite sports and teams, it’s exciting to know that big wins are a possibility. Plus, it also offers peace of mind that your chosen bookmaker has plenty of payout power.
With all that said, let’s take a closer look at the pros and cons of the highest maximum win betting sites.
OK, so for casual bettors that prefer small, fun-first wagers, a bookmaker’s highest possible payout will be of little consequence. But for those looking to wager high in hopes of big wins, bookies with the deepest pockets are sure to be of interest.
If you want major gains on online sportsbooks, football bets may be the way to go, since this sport tends to attract the highest maximum win limits. For those not fussed about cashing out colossal prizes, it’s worth bearing in mind that bookmakers with the most cash to spend may be your safest bet for reliable and timely payouts.
I hope this guide to maximum win betting sites has proven helpful. If you’re looking for high-paying bookies with the biggest cash prizes and the best sports betting bonuses, be sure to check out the banners on this page and elsewhere on the GameChampions site for some handpicked recommendations and deals.
Maximum win limits differ broadly across sports betting brands, with the biggest and most reputable bookmakers offering the biggest potential prize pots. As part of my research, I found sites offering up to $2,000,000 (or currency equivalent) as a maximum win on selected sports markets.
Football is the sport with the highest potential winnings available; that’s purely because it’s so popular and attracts the best choice of odds. Horseracing and golf are also in contention, while tennis, baseball, basketball, and American football also attract some eye-catching maximum win limits.
Sportsbooks tend to control how much you can feasibly win on a single bet by introducing maximum stake limits on specific sports markets and odds. However, if you place an accumulator bet that exceeds a maximum win limit, your winnings will still be capped in line with the sportsbook’s upper win restriction.
There are several reasons why sports betting sites have maximum win limits in their T&Cs. For starters, it removes the risk of them being forced to pay out massive sums that are simply unaffordable. It also protects the quality of odds available while safeguarding against match-fixing and other illicit gambling activity.
Yes, they often do. If you dig into the T&Cs of any sportsbook bonus, you’ll most likely see a maximum win limit. These limits are used to ensure fairness while giving players the chance to win a nice cash prize.
Users must be 18+. If you are having trouble with gambling then help and advice can be found at responsiblegambling.org