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How to Cash Out on Hollywoodbets and Take Control of Your Destiny

Sports bettors will be pleased to know that Hollywoodbets has a Cash Out feature that allows you to settle your bets early, though we must admit it's not as good as some of the Cash Out available on other sites like Sportingbet, BET.co.za and Sunbet.

Cash Out allows you to settle your bets early and get a payout depending on how things are going at the time. If your bet is winning, then your Cash Out value should be higher than your original stake. But if your bet is losing, you might only be able to Cash Out for less than the amount you put down in the first place.

In this guide, we look into what Cash Out is and how to Cash Out on Hollywoodbets.

How to Cash Out on Hollywoodbets

Cash Out gives you more control over your bets and offers the opportunity to get money out before an event has finished. With Cash Out, you no longer have to wait for your bet to reach its natural conclusion, you can track your selections and stop your bet in its tracks, to make either a loss or a profit.

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The process for how to Cash Out on Hollywoodbets is different from other bookmakers, to Cash Out you need to access your bet history and request the Cash Out from there, rather than the betslip.

Some reasons we don't like Hollywoodbets Cash Out as much as some other bookmakers is that you can only use Hollywoodbets Cash Out after at least one leg of a multiple bet has been played. Also, when you choose to Cash Out, none of the remaining legs must be Live, meaning you'll need to Cash Out before the match starts.

Bookie Offer Summary Key Features

R25 FREE BET OR 100% FIRST DEPOSIT BONUS UP TO R1000

A platform for punters of every kind, new customers at Gbets can choose between a R1000 Casino Bonus or a R25 Free Bet to use on sports.

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Hollywoodbets Cash Out Example

You place a R50 mutilbet on West Ham, Everton and Tottenham all to win. West Ham and Everton both win their 4pm kick-off matches and Tottenham is due to kick-off at 6:30pm. At this point, a Cash Out settlement value should be offered to you before the kick-off of the Tottenham match until the point that Prematch betting is no longer available.

The Hollywoodbets Cash Out settlement can be redeemed immediately form your pending bets, but only until the start of the final match. After clicking "Cash Out", your balance is topped up with the Cash Out settlement value at the time.

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Hollywoodbets Cash Out Terms and Conditions

➡ The ‘Cash Out’ functionality is available for selected multiple bets only. ‘Cash Out’ is available for a range of markets on pre-match football matches, if the bet is still running and betting is still available on every unsettled selection.

➡ The ‘Cash Out’ settlement value is non-negotiable.
If the ‘Cash Out” settlement value changes during a settlement transaction, the transaction will not complete and a revised settlement value will be offered, which will have to be accepted before proceeding.

➡ Where any selections are suspended or closed immediately after the customer's request before the conclusion of the 'Cash Out', the 'Cash Out' will be blocked.

➡ Hollywoodbets reserves the right to withdraw or suspend ‘Cash Out’ offers without further notice.

➡ When customers successfully ‘Cash Out’ this shall constitute a settlement of the original bet and any subsequent events will have no impact on the amount returned to your account.

➡ All ‘Cash Out’ transactions remain subject to Hollywoodbets’ standard settlement and bet acceptance rules set out in these Terms and Conditions.

➡ Where an obvious pricing error, also referred to as a palpable error, occurs that selection may not be cashed out.

Did you know you can share your bets with friends on Hollywoodbets or use their bet codes to become a winner? Want to book a bet to save you time and pay later? That's fine too. Read more here.

Bookie Offer Summary Key Features

R25 SIGN UP FREE BET

Always putting their customers first, Hollywoodbets boasts the biggest selection of slots and casino games in SA, plus insane cash giveaways!

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For more about online sports betting and casinos in South Africa, visit the Betting Guide homepage where you can find bookmaker reviews, promotions, betting tips and more. 

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