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Hollywoodbets Payment and Withdrawal Methods April 2024

Last update: 26 Apr 24
Hollywoodbets is one of the most interactive online gambling websites offering players authentic betting services. The sportsbook is a licensed betting site that champions responsible gambling with multiple resources, including a foundation toll-free counselling line for punters struggling with gambling addiction. However, this piece will only focus on Hollywoodbets payment methods available for your betting account. The bookie offers various reliable payment methods. Some of the top banking solutions are available as a Hollywoodbets payment services provider, including card payment options and multiple bank transfer methods. This is a must-read before you start the Hollywoodbets account opening process.

Hollywoodbets Deposit Options and Limits

The Hollywoodbets website offers the best deposit options that you can use to transfer money to your online account. So far, Hollywoodbets deposit methods are categorised into:

  • Hollywoodbets Outlets
  • Direct EFTs
  • Top-Up Vouchers
  • Card Payment Options
  • e-Wallets

Please note that all the above are also facilitated for mobile betting.

Hollywoodbets outlets are scattered all over South Africa and other nations where Hollywoodbets operates. However, if you wish to make Direct EFT deposits, you must use supported banks such as ABSA.

Being a Hollywoodbets account holder, you can make deposits using your phone. But then, you must install the SendSpend application on your smart device. Most payment options do not have transaction limits. However, if you use Payfast, the minimum deposit is R5.00, whereas SID allows a maximum deposit of R199 999.00.

Once payments are credited to your Hollywoodbets account, follow the appropriate sports betting rules and place a bet on horse racing or whatever sport you fancy.

As Hollywoodbets supports responsible gambling, it allows you to set deposit limits to control your spending. Moreover, work with the African Responsible Gambling Foundation to help you develop reasonable deposit limits with your gaming account.

Visa

 
Deposit
Withdraw
Max. limit
0.00
0.00
Processing time
Instant
2 Hours
Min. limit
$1.00
$1.00
Transaction fee
No fee
$0.00
Visit Site

MasterCard

 
Deposit
Withdraw
Max. limit
0.00
0.00
Processing time
Instant
2 Hours
Min. limit
$1.00
$1.00
Transaction fee
No fee
$0.00
Visit Site

What Credit and Debit Cards Can I Use at Hollywoodbets?

Hollywoodbets offers numerous debit and credit card payment methods. The main card payment options include MasterCard and VISA. Note that Peach Payments, Virtual Card Services, and Pay U facilitate every deposit you make using credit cards. If there is a delay in the deposit, the operator will require you to provide proof of deposits.

Lastly, Hollywoodbets limits do not apply when using any mentioned card payment methods.

Is PayPal Accepted?

PayPal is a popular payment method that provides fast and secure payment services. Moreover, it is available in most countries, so many online bookmakers support it. Unfortunately, Hollywood does not offer PayPal at the time of writing this review. But then, you can use multiple payment options to fund your Hollywoodbets account.

Can I Deposit with Crypto Currencies?

No, currently, Hollywoodbets does not offer a Crypto Currency option. However, Cryptocurrencies are fast payment options presently trending in the online gambling scene; this may change.

Unlike Hollywoodbets' bank account transfer methods, Cryptocurrency allows anonymous transactions of funds. So you do not have to worry about exposing your bank account details. 

Hollywoodbets Withdrawal Options and Transaction Times

Hollywoodbets' withdrawal methods are quick and easy to use and are classified into e-wallets, card payment solutions, and bank-to-bank transfers. You can also use EFT, with a minimum withdrawal limit of R50.

Other withdrawal options have limits of R5,000 for cash payments and R10,000 for winning tickets. On the other hand, transaction time in the Hollywoodbets account is quick, with withdrawals being processed within 24 hours. Ensure you adhere to the terms and conditions to know the suitable withdrawal options. Otherwise, you will have problems when you try to withdraw funds to your bank account. 

Accepted currencies
  • GBP
    GBP
  • USD
    USD
  • ZAR
    ZAR

Hollywoodbets Payment Methods FAQ

Can I Change the Currency in My Account?

No, you cannot change the currency option of your Hollywoodbets account. The operator only offers Rands, which you can use at any local bank branch.

What Are EFT Payments Work and How Do They Work?

EFT or Electronic Fund Transfers allow you to move money across banks. They are used in place of cheques, and with a Hollywoodbets account number, customers can transact everywhere.

Can I Deposit with Cryptocurrency?

No, you cannot use Cryptocurrency to deposit money in your account. However, the operator has other payment methods permitted to gamble winners. 

What Is the Maximum Withdrawal Limit at Hollywoodbets?

The maximum amount withdrawable from Hollywoodbets customer accounts is R5,000 for cash withdrawals and R10,000 for winning tickets. Note that the limits are per session. Contact the customer support service centre at Hollywoodbets for more information.

Can I Use Different Options for Depositing and Withdrawing?

You can use different options to deposit and withdraw money from your Hollywoodbets account. However, ensure you meet the terms and conditions for using the payment/withdrawal method and have your Hollywoodbets Account Number ready. This is in case you need to contact Hollywoodbets customer service for further information or experience difficulties depositing or withdrawing funds.

Is It Possible to Collect Your Winnings Direct from A Bank ATM?

Yes, Hollywoodbets supports the collection of winnings directly from a bank ATM. That is so long as you use a bank transfer method with physical ATMs. The method is popular among other African nations in South Africa's central banks. 

Are the Deposit and Withdrawal Limits Changeable?

Yes, the deposit and withdrawal limits are changeable as Hollywoodbets promotes responsible gambling. However, you must contact the Hollywoodbets customer support team for assistance.

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