The Ultimate Hollywoodbets Deposit and Withdrawal Guide 2023

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How to deposit and withdraw winnings


If you have any questions or concerns about the deposit and withdrawal process, don’t worry. This guide will contain all the information you need about the deposit and withdrawal process.

Read our full HollwoodBets guide and review here.

Hollywoodbets Deposits 


Hollywoodbets makes the deposit process convenient for customers by offering a variety of secure payment methods. Whether you prefer credit/debit cards, bank transfers, Instant EFTs or vouchers you can easily fund your Hollywoodbets account and start placing your bets.

HollywoodBets deposit methods

Hollywoodbets Deposit Methods 

Here is a list of the deposit methods available for Hollywoodbets customers.

  • Credit/Debit Cards 
  • EFT deposits 
  • Vouchers 

How to deposit using Instant EFTs

Hollywoodbets provides four convenient instant EFT payment methods: Payfast, Ozow, Peach Payments, and SID. These options provide the most comfortable method of making a deposit into your Hollywoodbet account. To use instant EFT for deposits, you’ll need an account with one of the payment merchants.

 Follow these simple steps to make a deposit using this method.

  • Log in to your Hollywoodbets account
  • Click on the green “Top Up” button at the top-right of the screen.
  • Select “Make Deposit” to view all available deposit options.
  • Choose your preferred instant EFT deposit method.
  • Enter the desired deposit amount and click “Submit.”
  • You will be redirected to the instant EFT deposit website.
  • Input your username and password, then click “Login” to complete the transaction.

How to deposit on Hollywoodbets using Vouchers

To make a deposit using a voucher, you need to first purchase the Voucher either from a retail store or online. After purchasing the next step is to load the voucher to receive the funds into your betting account. Follow these steps to complete the process:

  • Login your Hollywoodbets account.
  • Click on the green “Top Up” button at the top of the screen.
  • Choose the appropriate voucher provider and enter the voucher PIN found on your receipt. 
  • If you obtained the voucher online, the PIN would have been sent to you via SMS or email.  if you are unsure which distributor, you need to select “I don’t know”.
  • Click “Submit” to complete the voucher deposit process.
  • Once the process is complete, your account will be immediately funded with the exact value of the voucher.

If you have any further questions or need more information, please refer to our Hollywoodbets voucher guide.

How to deposit using Bank Cards

You can also make a deposit using your credit or debit card. Hollywoodbets accepts all bank cards including Visa, Mastercard and American Express. All card payments can be processed through any one of the following: Virtual Card Services, Pay U, Zapper, and Peach Payments.

  • Login to your Hollywoodbets account.
  • Find the Top Up button at the top right corner. Click on it to go to the deposit menu.
  • You will see the Make a Deposit option; click on it to make a deposit.
  • Select your preferred Card payment option from the list of deposit options.
  • Enter the amount you want to deposit and click on the Submit button to top up.
  • Confirm your personal and bank details and tap on Proceed to Secure Credit Card Payment.
  • On the credit card payment portal, enter your card details such as CVV, card number and expiry date.
  • Click the Pay button to confirm the payment.
  • You will receive an OTP via cellphone, SMS, or email. The transaction will be confirmed and processed once you enter the OTP code.

Why is my Hollywoodbets Deposit rejected?

There are several reasons why a deposit on Hollywoodbets may be rejected. Here are some common scenarios:

  1. Insufficient Funds: If the account from which you are trying to make the deposit does not have enough funds to cover the transaction, the deposit may be rejected.
  2. Incorrect Payment Details: If you provide incorrect or incomplete payment details, such as an incorrect card number or expiration date, the deposit may be rejected.
  3. Card Restrictions: Some banks or card issuers may have restrictions on online gambling transactions. If your card falls under such restrictions, the deposit may be declined.
  4. Fraud or Suspicious Activity: Hollywoodbets has security measures in place to protect against fraud and suspicious activity. If your deposit triggers any red flags or raises security concerns, it may be rejected.
  5. Account Verification: If your account has not yet undergone the necessary verification process, Hollywoodbets may reject your deposit until your account is fully verified.

Hollywoodbets Withdraw 


Hollywoodbets withdrawal methods

Hollywoodbets offers a range of convenient deposit options to cater to your preferences. With these deposit methods, you can easily fund your account in a way that suits you best. It’s important to note that the daily withdrawal limit on Hollywoodbets is set at R3,000, while the monthly withdrawal limit reaches up to R30,000. 

Before you withdraw your first winnings from Hollywoodbets, customers are mandated to perform a Fica verification process. After FICA you can proceed to select a preferred withdrawal method and receive your funds.

You can process your withdrawal on Hollywoodbets using any of the methods listed below.

💰 EFT withdrawal: This is the fastest and most efficient method to process a withdrawal. , EFT payments are processed during the weekdays Monday to Friday. The payments are usually processed in under 24 hours, This means you can place a withdrawal and receive your payments the same day.

💰 Standard Bank Instant Money: You can withdraw from a Standard Bank ATM, Spar, Cash and Carry, or a Game store. When you sign up for Instant Money, You’ll receive a voucher and PIN via SMS. To process a withdrawal using this method, simply choose standard bank as your withdrawal method and input your Hollywoodbets phone number.

💰 ABSA Cash Send: When you choose this withdrawal method, you will receive a 10-digit pin. At any ABSA ATM, Enter this pin followed by the Hollywoodbets access code 123456 to complete your withdrawal.

💰 Nedbank Send-Imali/MobiMoney: Simply select Nedbank as your preferred deposit method, enter the amount to withdraw and your phone number. A pin will be sent via SMS to complete your transaction.

💰 FNB E-wallet: With FNB’s eWallet, you will receive an SMS notification. You’ll then need to dial *120*277# to get your PIN which you will use to withdraw from any FNB ATM.

How to withdraw using EFT 

Hollywoodbets EFT withdrawal form

Opting for Instant EFT is the most convenient method for placing withdrawals on Hollywoodbets. It saves you from unnecessary delays and the need to provide extensive bank and card details.

To make a deposit using Instant EFT, follow these simple steps:

  • Visit your Hollywoodbets account and click on the “Top Up” option.
  • In the “Make a Deposit” section, select the Instant EFT option that best suits you.
  • Enter the desired deposit amount and click on “Submit.”
  • Choose the bank’s Instant EFT option you prefer.
  • Enter your online banking username and password for EFT and continue by clicking on “Log In.”
  • Complete the transaction by accessing your Hollywoodbets account through your online banking app.

Withdrawal Requirement 

When requesting a withdrawal at Hollywoodbets, You must adhere to the withdrawal requirements. These requirements ensure a smooth withdrawal process. Here are the key details you need to know:

  • Minimum Withdrawal Amount: The minimum withdrawal amount is set at R100. Please ensure that your withdrawal request meets or exceeds this minimum amount.
  • Daily Payout Limit: There is a daily payout limit of R3000. This means that you can withdraw up to R3000 in a single day.
  • Monthly Payout Limit: Hollywoodbets has a monthly payout limit of R25000. This limit restricts the total amount you can withdraw within a calendar month.
  • Processing Time: Hollywoodbets aims to process withdrawals within 24 hours of the request. However, the processing times may be subject to banking hours and certain external factors.
  • Consolidation of Multiple Withdrawal Requests: If you make multiple withdrawal requests within a short period, Hollywoodbets may consolidate them into a single lump sum payment. This consolidation will not exceed the maximum withdrawal limit.
  • Account Holder Only: Withdrawals will be made exclusively to the account holder. Under no circumstances will withdrawals be made to any third party.

Frequently Asked Questions

How long does it take for Hollywoodbets withdrawal?

The processing time for Hollywoodbets withdrawals may vary depending on the chosen withdrawal method. Generally, withdrawals are processed within 24 to 48 hours.

What are the withdrawal options for Hollywoodbets?

Hollywoodbets offers a variety of withdrawal options to cater to the preferences of its customers. These options include:

  • EFT (Electronic Funds Transfer)
  • ABSA Cash Send
  • Nedbank 
  • FNB E-wallet 
  • Instant Money

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How do I check my Hollywoodbets balance?

To check your Hollywoodbets balance, simply follow these steps:

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George Nelson

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