Withdraw from HollywoodBets

You may be wondering where to find betting sites that process your withdrawal quickly and safely. Luckily, getting your sports betting winnings from HollywoodBets is pretty simple. Processing times are quick, and lots of popular payment methods are supported. Our review team has tested out the steps involved to give you all the details and show you how to withdraw from HollywoodBets. So, keep reading this guide to learn how to cash out your winnings from this leading sports bettings site.

Step-By-Step Guide How to Withdraw Money from HollywoodBets

Wondering how to withdraw in HollywoodBets? The process is super straightforward – just follow our simple step-by-step guide to get started. 

1. Log into your account and ensure you’ve completed the verification process. 

2. Open the My Account tab and select the Withdraw option from the menu. 

3. Choose your preferred withdrawal method from the available options.

 4. Enter the amount you’d like to withdraw, ensuring it’s within the minimum withdrawal in HollywoodBets and maximum amounts. 

5. Confirm your withdrawal and then use your SMS code to receive your funds. 

6. Alternatively, you can withdraw money from your account as cash at your local HollywoodBets branch.

Image Credits : Hollywood Bets

Image Credits : Hollywood Bets

Image Credits : Hollywood Bets

Image Credits : Hollywood Bets

Image Credits : Hollywood Bets

Image Credits : Hollywood Bets

Withdrawal Options

HollywoodBets withdrawal process is done directly to your bank account through online banking services. While it doesn’t allow you cryptocurrency, it still has a good range of options for you to choose from depending on your preferences: 

 FNB eWallet – Provides you with an SMS notification, and you then call a number to receive a PIN. The PIN can be used to withdraw cash from FNB ATMs. 

 Nedbank Send-iMali – You’ll receive a PIN, which you use together with your phone number to withdraw cash from any Nedbank ATMs. If you don’t use your PIN within 48 hours, the withdrawal will be reversed, and the money will return to your HollywoodBets account. 

 ABSA CashSend – You’ll receive an SMS message with a ten-digit reference number and a six- digit PIN, allowing you to withdraw from ABSA cash machines. You’ll have 24 hours to use it.

 Standard Bank InstantMoney – The bank will send you a voucher code and PIN, which can
be used to withdraw from Standard Bank ATMs. You can also use the voucher to make
purchases at selected stores.

HollywoodBets Withdrawal Time

All withdrawals will be processed within 24 hours. However, as they’re completed through online banking services, they depend on the standard opening hours. As a result, if you request your withdrawal on the weekend when the banks are shut, you may have to wait longer for your funds to arrive. 

The withdrawal times don’t really change much depending on the service you use. However, for SMS codes that allow you to withdraw from ATMs, your SMS will only be sent once your request has been processed. Take this into account when requesting your withdrawal and plan ahead to avoid waiting longer

Minimum And Maximum Withdrawal Limits

As a general rule, you can withdraw between R100 and R3,000 per transaction, no matter which payment method you use. Withdrawals have to be made in multiples of ten, so you can’t withdraw R105; you would have to withdraw R100 or R110. The R3,000 limit applies to each day, but there’s also a limit of R25,000 per month.

Withdrawal Fees

Your first withdrawal per day from your HollywoodBets account is free. However, a second
withdrawal may be charged based on the rate of the payment method you’re using. Be sure to check these details before you request your withdrawal to avoid paying unnecessary fees.

Verification Process

All users at HollywoodBets must verify their accounts before they can withdraw funds. This is a fairly straightforward process, but you will need a colour copy of your photo ID. Simply take a clear picture of your passport, with all details visible, then upload it to the website or send it to the email address provided. Once your document has been checked and verified, you’ll have full access to all the features of the site.

Withdrawal Problems

In rare cases, you may encounter an issue while trying to withdraw funds from your HollywoodBets account. Before contacting customer support, it’s worth checking to see if any of the following is true: 

 You haven’t verified your account – When you first register at the sportsbook, you need to provide your FICA documents. This includes a colour copy of your photo ID, showing the information you used to open your account. You can submit these through the website or by email, but you won’t be able to withdraw until they’ve been verified.

 You’re trying to request a withdrawal under the minimum amount – No matter which
payment method you’re using, there’s a minimum withdrawal of R100 in place at
HollywoodBets. You must have at least R100 in your account to request a withdrawal.

  You haven’t completed the wagering requirements of the bonus – The HollywoodBets no
deposit bonus is really easy to claim. However, you’ll need to wager it or make a deposit
before you can make a withdrawal. Check the terms and conditions before requesting a
withdrawal.

Is HollywoodBets Legit?

HollywoodBets has been in business as a retail bookmaker since the year 2000 and launched its online platform in 2006. It’s the biggest sports betting brand in South Africa, and it’s licensed in five provinces across the country. The licenses are a mark of trust and also mean it’s legal for you to sign up, provided you live in one of the provinces.