How to Withdraw Money from Hollywoodbets + Deposit Methods

Hollywoodbets is a popular South African sports betting company. With a superb online sportsbook and casino and over 80 betting shops, you may have wondered how to deposit or how do I withdraw money from Hollywoodbets. Well, you are in luck, as this article will explain everything you need to know about withdrawing and depositing on Hollywoodbets. Read on to learn more about deposit and withdrawal methods and how to withdraw from Hollywoodbets.

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How to Withdraw Money From Hollywoodbets

One of the main questions people have is how to withdraw money from the Hollywoodbets account. Fortunately, requesting a withdrawal from your account at Hollywoodbets is a simple process that can be carried out via the steps below:

Withdrawing via Absa Cash Send

Withdrawal your winnings via Absa Cashsend at Hollywoodbets is an excellent option for players who want to withdraw via their mobile. To withdraw any amount between R100 and R3,000 via Absa Cash Send at Hollywoodbets, you will need to:

After submitting your withdrawal request, Hollywoodbets will send you a ten-digit code via SMS within 2 hours of submitting your withdrawal request. You can then enter this code at an ABSA ATM machine to withdraw your money.

Withdrawing via EFT Payments

Like withdrawing via Absa Cash Send, requesting an EFT withdrawal is a simple process. However, there is a minimum R50 requirement for ETF withdrawals for those who want to send their withdrawal to their bank. Here are the steps you will need to follow for an EFT withdrawal on Hollywoodbets:

Withdrawing via NedBank

Withdrawing via Nedbank is also a convenient and secure way to receive your winnings from Hollywoodbets. Typically, Nedbank withdrawals take two to three business days to process. Once successfully processed, you will receive a PIN code so you can withdraw your money from a Nedbank ATM. To withdraw via Nedbank, follow our Nedbank withdrawal guide below:

1. Log in to your Hollywoodbets online account.
2. Navigate to “Withdrawal”.
3. Select “Nedbank” from the list.
4. Enter the amount you want to withdraw via Nedbank.
5. Confirm your Nedbank account details.
6. Click “Submit” to process your request.

Withdrawing via Standard Bank

Standard Bank Instant Money is another convenient banking option offered by Hollywoodbets as a withdrawal method. If opting to withdraw to your Standard Bank account, you will need to follow these steps:

After submitting your Standard Bank Instant Money withdrawal request, the processing time ranges from 1 to 2 business days. Once processed, you will receive a PIN number and a voucher code PIN that you can use to withdraw your money from a Standard Bank ATM.

Withdrawing via FNB eWallet

Withdrawing to an FNB eWallet is one of the most popular withdrawal methods for South Africans at Hollywoodbets. To process a withdrawal to your FNB eWallet, you will need to do the following:

Bear in mind the processing time for withdrawals via FNB eWallet can take up to 24 hours. Once your withdrawal has been processed, you will be notified by Hollywoodbets via SMS. At that point, you will need to call *120*277# to get your PIN Code so that you can withdraw your money via an FNB ATM.

Withdrawing via ATM

Another withdrawal option available to Hollywoodbets account holders is the option to withdraw via an ATM. The withdrawal process for ATM withdrawals follows the same actions you take to withdraw money via an ATM. However, to withdraw via an ATM, you will have to withdraw your winnings to your bank. Once the funds are received, you can then go to an ATM and withdraw your winnings.

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Hollywoodbets Withdrawal Terms & Conditions

As a licensed and regulated betting establishment, Hollywoodbets has several withdrawal terms and conditions that must be met before the bookmaker will process a withdrawal payment. As such, those requesting a withdrawal will need to ensure they abide by the following terms and conditions:

• All withdrawals must be made using the same payment method members used to deposit into their accounts.
• In the event that more than one payment method was used for deposits, Hollywoodbets will process withdrawals to the last payment methods used.
• All withdrawal requests are subject to fulfilment of the FICA identification verification process.
• When a prepaid debit card is used as a funding method, a different withdrawal method will need to be chosen for withdrawal processing.
• If Hollywoodbets cannot process a withdrawal to the same payment method used to deposit, it will attempt to process payment to a different payment method once the verification process has been met.

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How Long Does Hollywoodbets Withdrawal Take

Typically, how long withdrawals take on Hollywoodbets depends on the withdrawal method. If withdrawing to your bank, withdrawals are processed within 24 hours as long as you request a withdrawal by 2 pm on weekdays. However, if requesting a withdrawal on weekends, your withdrawal will not be processed until the next business day. Although, you can go to the nearest Hollywoodbets branch to withdraw your winnings as long as the amount is R5,000 or less.

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How to Cancel / Reverse Withdrawal on Hollywoodbets

Now that you know how long Hollywoodbets withdrawal take, there are times that you may want to reserve your withdrawal. If you are ever in that position, it is essential that you know how to reverse withdrawal on Hollywoodbets. To cancel or reverse your withdrawal on Hollywoodbets, you will need to follow these steps:

1. Log into your Hollywoodbets online account.
2. Navigate to the withdrawal section to verify your withdrawal has not been processed.
3. Once confirmed, email the Hollywoodbets customer care centre to request that they reverse your withdrawal.

When emailing the customer care centre, make sure you include your username and Hollywoodbets account number. Also, bear in mind that the cancellation or reversal of a withdrawal is only possible if your withdrawal has not been processed by the bookmaker.

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How to Check Withdrawal History on Hollywoodbets

As a licensed betting establishment, Hollywoodbets is required to keep a record of every withdrawal you make. Fortunately, this is accomplished by following our how-to-check withdrawal history in Hollywoodbets guide below.

1. Step 1: Enter your username and password to log in to your Hollywoodbets account.
2. Step 2: Navigate to the “My Account” section via the home page.
3. Step 3: Click on “Transaction History” via the My Account navigational menu.
4. Step 4: Click on the “Withdrawals” tab and select the date range you wish to review.
5. Step 5: Click on “Submit” to display your withdrawal history.

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How to Deposit Money Into Hollywoodbets Account

Hollywoodbets has become one of the most recognised names in sports betting in South Africa. As such, they offer a variety of payment methods, such as vouchers, debit cards and credit cards, in order to facilitate deposits. As each payment method is slightly different, we have included a how to deposit money into Hollywoodbets account for each below.

Depositing via Credit / Debit Card

Depositing via a credit card or debit card at Hollywoodbets is not difficult. Typically, the entire process takes less than a minute, and the funds are in your account. To make a deposit via your credit card or debit card, simply:

Depositing via Voucher

Purchasing a voucher via a Hollywoodbets retail partner is one of the easiest ways to fund your account at Hollywoodbets. To deposit via a voucher, simply follow our step-by-step guide below:

1. Log in to your account.
2. Click the “Top Up” button on the Hollywoodbets website.
3. Select “Make a Deposit”.
4. Select the retailer you purchased your voucher from.
5. Enter the amount of your voucher that you want to deposit.
6. Click the “Submit” button to process your voucher payment.

Once you click the submit button, your voucher deposit should appear in your account within 15-30 seconds.

Depositing via EFT

Depositing via an EFT bank transfer is a fast and secure way to fund your Hollywoodbets account. As this payment method is processed in real-time, payments are automatically credited to your account within 60 seconds or less. To deposit via EFT at Hollywoodbets, simply:

Once your payment has been successfully processed, you will be redirected to the Hollywoodbets homepage, whereupon your account balance will reflect the amount you deposited.

Depositing via Bank Transfer

Depositing via a bank transfer is another convenient way to deposit funds into your Hollywoodbets account. This process is identical to depositing via an EFT and requires that you:

1. Get into your Hollywoodbets account.
2. Select “Top Up” on the Hollywoodbets website.
3. Press “Make a Deposit” and select the “Bank Transfer” option.
4. Enter the amount you want to transfer from your bank.
5. Select your bank and log into your online bank account when prompted.
6. Verify the amount you wish to transfer from your bank.
7. Click the “Submit” button to process your bank transfer deposit.

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Most Common Depositing Issues

Now that we have covered the different payment methods you can use to deposit into your account at Hollywoodbets, it is worth exploring some of the common depositing issues you may experience. Here are a few of the issues you may run across:

• Deposit Limits: If you set deposit limits for your account, the amount you entered may exceed those limits. To resolve this issue, you can enter a smaller amount or increase your daily, weekly or monthly deposit limits.
• Minimum and Maximum Deposit Requirements: If you received a deposit amount error, the amount you tried depositing may be less than or more than the minimum or maximum deposit requirements. To resolve this issue, enter an amount that is within the minimum or maximum deposit requirements.
• Bank Transfer Denial: Unfortunately, some banks do not allow you to transfer funds to an online gaming establishment. If this occurs, you will need to use an alternative payment method, such as a voucher or prepaid debit card.
• Delayed Payment: At times, you may experience system delays with the crediting of your deposit. While this is frustrating, your payment will be credited once the processing of your payment is complete.

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Conclusion

One of the features we appreciate most about deposits and withdrawals is how quick and efficient the bookie has made that process. Along with offering multiple payment methods for each, the process for how to withdraw money from Hollywoodbets is one of the fastest in South Africa. That alone makes Hollywoodbets a premier sports betting operator and one that ranks highly among South African bettors.

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FAQ