System for implementing loss limits

A loss limit system associated with a gaming system, wherein the gaming system includes a central server, one or more gaming devices, and a network connecting the central server and the gaming devices, the loss limit system comprising:

• a player identification device associated with a gaming device;
• a monetary input device associated with the gaming device;
• a user interface associated with the player identification device, the monetary input device, and the gaming device;
• and
• a loss limit module in communication with the player identification device, the monetary input device, the user interface, and the gaming device, wherein the loss limit module receives a player monetary loss limit, a time period, and a player identification;
• wherein the loss limit module calculates an available funds amount from the monetary loss limit each time monetary funds are received during the time period at the gaming device via the monetary input device, and wherein the loss limit module deactivates the monetary input device when monetary funds are attempted to be entered that are greater than the available funds amount.