How to Cash Out on Hollywoodbets – Guide for 2024

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HollywoodBets is one of the leading sports betting operators in several parts of the world. Known for its leading sportsbook, casino games, eSports, and more, the Hollywoodbets review shows that the operator is the go-to option in South Africa and a few other places.

Try new cash out

There are many benefits of using this iGaming operator, especially when it comes down to sports betting. In addition to the wide variety of markets and bonuses, punters can also access competitive odds. Also, those asking how to use Cash Out on Hollywoodbets will notice this is one of the available features.


What is Cash Out

how to cashout in hollywoodbets

Cash Out is a sports betting feature allowing you to settle bets before the outcome is determined. Doing this frees you from waiting for the event to be over to see if you win or lose. The Hollywoodbets cash out option is available on a wide range of sports events and across multiple devices.


How to Cash Out on Hollywoodbets Using Mobile

what is cash out on hollywoodbets

To use Cash Out on Hollywoodbets Using mobile, you have to do the following:

  1. First, you need to get the Hollywoodbets mobile app on your home screen or open the platform’s mobile site. Learn how in our dedicated article.
  2. Second, login into your account, go to the sports section and place a multiple bet containing at least a couple of sections. Keep in mind that outright markets and other medium or long-term betting markets won’t allow you to use Cash Out.
  3. Third, check your betslip to see whether the Cash Out option is available to use.
  4. Fourth, pick the bet you want to settle earlier and select “Cash Out”.

If you were wondering how do you Cash Out on Hollywoodbets on mobile, now you know that it’s the same as on your desktop. The only difference is that you will be on the go, which gives you even more flexibility.

Remember that Cash Out will only be available if one of the legs in your multiple bet has been played and resulted.


How to Cash Out on Hollywoodbets Using Desktop

how do you cash out on hollywoodbets desktop

To cash out on Hollywoodbets you must use the mobilesite or the DataFree app. Cash out on desktop is not supported yet. Read the Hollywoodbets cashout terms and conditions for more information.

Everyone wondering how to cash out on Hollywoodbets now knows that the process is simple and doesn’t take much time. Remember that the operator can remove this feature without notifying you beforehand, so don’t place a bet that only relies on Cash Out.

Also, remember that canceling a bet may be an option in this case provided you made a mistake and contact the support quickly.


How to Withdraw Your Winnings from Hollywoodbets

how to check withdrawal on hollywoodbets

Following the usage of Cash Out, you will receive the specific amount in your account’s balance, meaning you can withdraw it. Withdrawing your winnings at Hollywoodbets will allow you to use several payment gateways. Of course, you must also complete the FICA account verification process.

Payment Method Minimum Withdrawal Withdrawal Maximum Time for Withdrawal 
Bank Wire Transfer Logo Bank Wire TransferR50R5,0003-5 days
Debit Cards Logo Debit CardsR50R5,0002-3 days
Credit Cards Logo Credit CardsR50R5,0002-3 days
E-Vouchers Logo E-VouchersR50R5,0002-3 days
PayU Logo PayUR50R5,000Instant
1VOUCHER Logo 1VOUCHERR50R5,0002-3 days
Zapper Logo ZapperR50R5,000Instant
Ozow Logo OzowR50R5,000Instant
SID Logo SIDR50R5,000Instant
PayFast Logo PayFastR50R5,000Instant
EasyEFT Logo EasyEFTN/AN/AN/A
Instant EFT Logo Instant EFTN/AN/AN/A
Peach Payments Logo Peach PaymentsN/AN/AN/A
OTT Vouchers Logo OTT VouchersN/AN/AN/A
Blu Voucher Logo Blu VoucherN/AN/AN/A

Bank Transfers

Users who want to pull out their winnings using a Bank Transfer must have at least R50. The withdrawal time itself takes between 3 and 5 days and usually does not have any additional fees. However, some customers prefer other options due to the longer processing time.

E-wallets

Aside from bank transfers, gamblers at Hollywoodbets can also pull out their winnings using e-wallets. The operator provides options such as FNB eWallet, ABSA CashSend and more. Usually, these payment solutions offer faster withdrawals, so they’re the go-to option for many people.

Vouchers & other methods

In addition to the options mentioned above, Hollywoodbets users who decide to Cash Out and want to withdraw their winnings can use other options. For example, the company provides different mobile payment solutions, vouchers, such as e-Vouchers and 1VOUCHER, and more. Hollywoodbets also has credit/debit cards, at least for clients in South Africa.


FAQs

What happens if I Cash Out and one of my selections is voided?

If you want Cash Out and one of your selections is Voided, the feature might not be available, depending on what kind of bet you’ve placed.

What are the benefits of Cash Out Hollywoodbets ZA?

The benefit of Cash Out is that the feature can save you from losing your entire bet. However, it can also save you time because you don’t need to wait for the event to conclude.

Can I Cash Out on a multiple bet on Hollywoodbets SA?

Yes, you can cash out on a multiple bet.

Can I Cash Out on a partial stake?

No, Hollywoodbets only allows people to use Cash Out of they’ve placed a multiple bet.

Can I use Hollywoodbets South Africa Cash Out on an in-play bet?

No, you can’t use Cash Out on an in-play bet, at least for now.

How do I check my bet history on Hollywoodbets?

You can check your bet history on Hollywoodbets by logging into your account.

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    Author: Samuel Karugu
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    Samuel Karugu
    Samuel first started reviewing betting sites professionally in 2011. He is the perfect match for Silentbet, with his research-driven approach and years of experience comparing SA casinos & bookies honing his gambling expertise.
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