Polymarket US Introduces Deposit Limits and Self-Exclusion Following New York Lawsuit

Polymarket US launched on Wednesday a suite of "Responsible Trading" tools that includes daily, weekly, and monthly deposit limits, along with a self-exclusion mechanism for users, confirmed NEXTPredict.io after verifying that the features were active in the app that morning. The update comes less than a week after the New York State Attorney General filed a lawsuit against Polymarket US, alleging that the platform was operating as unauthorised gambling in the state.

What’s in the new "Responsible Trading" section of Polymarket US

The new "Responsible Trading" section, located in the account settings of the Polymarket US app, allows users to set deposit limits across three timeframes: daily, weekly, or monthly. The app informs users that Polymarket support "cannot increase a limit for you." Additionally, the self-exclusion tool blocks the ability to trade and make deposits for a period selected by the user.

The responsible screen also directs users to the Birches Health website for treatment and support related to gambling and trading issues.

"The priority was to put the tools in the hands of the millions of people who use the platform," said Malea Otranto, head of global safety at Polymarket, in statements reported by CNN.

Difference with the international Polymarket platform

The international site of Polymarket displayed on Wednesday a more limited "Responsible Trading" section. In the global interface, a function called "Pause account" appeared, which stops new trades and deposits for a set period but allows users to still view markets, manage existing positions, remove liquidity, and withdraw funds. The pause cannot be ended before the set timeframe.

Polymarket US explicitly added the deposit limits and self-exclusion, controls that were not visible in the responsible section of the global site that same morning.

"You’re seeing a user base that did not previously participate in financial markets coming in, and doing this at scale," said Olivia Chalos, deputy chief legal officer at Polymarket, to CNN. "With that, there are measures that need to be in place, because you’re recognising an audience that is participating in markets for the first time."

Regulatory context: New York lawsuit and specific allegations

The introduction of these safeguards comes six days after the request filed by the New York Attorney General's office, dated September 24. In that document, the prosecution alleged that Polymarket was operating without the protections required for licensed gambling companies, citing deficiencies such as programs to combat problem gambling, procedures to identify users with issues, and "guardrails to allow consumers to exclude themselves from the platform."

The court filing also referenced state requirements regarding age verification, advertising restrictions, and access to resources for gambling problems. Polymarket has disputed the authority of the State of New York over its U.S. market and responded the same day with a federal lawsuit asserting that the Commodity Futures Trading Commission has exclusive jurisdiction over the platform.

The timeline does not determine that the lawsuit forced the implementation; however, the new controls respond to at least one of the protection gaps highlighted in the Attorney General's request.

Polymarket US on the map of platforms that already offered protections

With this update, Polymarket US draws closer to predictive market operators and betting platforms that already integrate limits and customer protection tools. Kalshi, for example, offers deposit limits, trading pauses, and voluntary self-exclusion. Other platforms in the United States with similar controls include Novig, Underdog, FanDuel Predicts, and DraftKings Predictions.

NEXTPredict.io had noted the previous week that Polymarket US was among the relevant platforms that had yet to offer comparable limits; the publication believes that Wednesday's launch reduces that gap.

What changes for users and for the product

For American traders on Polymarket, the new options represent concrete tools to restrict financial exposure on the platform without exiting the product. The deposit limits are configurable by timeframe, and self-exclusion prevents deposits and trades during the chosen window. The link to Birches Health incorporates a channel for access to clinical support and treatment resources.

For product and compliance teams, the implementation entails maintaining user information and the blocking mechanism that prevents limits from being manually raised by support. The exact scope of record retention and age or identity verification protocols was not detailed in the announcement.

What operators and regulators should watch for

Operators and providers working with predictive markets should evaluate two points: the technical replicability of limits by timeframe and interoperability with fund withdrawal flows and liquidity management; and the legal clarity around disputed jurisdictions, especially when a state authority and the Commodity Futures Trading Commission claim different powers.

Wednesday's announcement positions Polymarket US on a path of convergence with consumer protection controls already present in other market players, and provides regulators with evidence of concrete actions aimed at the concerns cited in the New York lawsuit.

What remains to be seen

There is no public information in the announcement regarding the extent of these changes to the international platform beyond the "Pause account" function detected. No predetermined limits or statistics of new tool adoption since launch were specified.

Legal developments in New York and the resolution of the jurisdictional dispute in federal court will be key factors for Polymarket US's product strategy in the coming months.