Although Hollywoodbets has been around the block for a long time, it hasn't had the best presence in the UK or Ireland. The bookie's UK operations came to life in 2019 and after years of treading water, the site was relaunched with a new platform in mid-2025. Undoubtedly so, Hollywoodbets has become much better thanks to it.
That being said, the payment situation has taken a slight blow as Hollywoodbets no longer accepts £1 deposits, while there aren't as many methods. Still, worth the tradeoff in our opinion. Below, we have collected everything you need to know about Hollywoodbets and depositing funds, from the payment methods accepted to the specific terms for each.
Payment Method | Min. Limit | Max. Limit | Transaction Fee | Processing Time |
---|---|---|---|---|
![]() Visa | £5 | £5,000 | No fee | Instant |
![]() Mastercard | £5 | £5,000 | No fee | Instant |
![]() Apple Pay | £5 | £5,000 | No fee | Instant |
![]() Neteller | £5 | £5,000 | No fee | Instant |
![]() Skrill | £5 | £5,000 | No fee | Instant |
![]() Paypal | £5 | £5,000 | No fee | Instant |
![]() Instant Bank Transfer | £5 | Not specified | No fee | Instant |
Operator | Welcome Offer | Bonus Code | Claim Offer | |
---|---|---|---|---|
![]() | Welcome Offer Bet £10 Get £30 in Free Bets | No code required | Claim Offer | Deposit £10+ on card. Stake £10+ on both your 1st & 2nd bets at min odds of 1.5 (1/2) within 3 days of registration & receive a £10 Free Bet for each qualifying bet resulted as a loss. Free Bets only be valid on multiples with 3+ legs & min cumulative odds of 3.0 (2/1). Min odds of 1.4 (2/5) required per leg. Free Bets must be used within 3 days of them being received. 20 Free Spins will only be available for use on the slot game ‘John Hunter and the Book of Tut Respin™.Promo period: 12/08/2023 – 01/01/2024. |
![]() | Welcome Offer Bet £10 Get 150 Wager Free Spins | No code required | Claim Offer | For new players who register on the App. Card deposit of £10 required. Deposit and wager a minimum of £10 on any slot in order to receive 50 Free Spins to use on both Money Train 3 and Big Bass Bonanza. Free Spins will each carry a value of £0.10. Promo period: 01/04/2023 – 31/12/2023. |
Below, we have put together a step-by-step guide for adding funds to a Hollywoodbets account. Thankfully, the process is very simple.
After logging in to your Hollywoodbets account, head to the menu area, which can be done by tapping the icon in the top right corner. Then, tap 'Banking' and 'Deposit'.
For future reference, you will also be able to tap the 'Deposit' option shown next to said profile icon.
Once in the cashier, you will be asked to select a payment method, and there are certainly quite a few to pick from. As we always do, we chose to use a Visa debit card.
Following this, you will be asked to provide your payment details, as seen below, as well as the amount that you would like to deposit. You will also need to confirm that you understand and agree to the terms of your deposit.
Finally, you will be taken out of the app to confirm your payment. This takes seconds, though, and there is, or shouldn't be, any wider hassle here. Once done, you can return to the app as you were previously.
Since the website update, Hollywoodbets no longer offers the option to deposit just £1, which can definitely be seen as a step back. On the other hand, that deposit minimum was only offered for Instant Bank Transfer before and not the other popular methods, whereas now the minimum is £5 across the board.
Considering that many sites are still stuck at the usual £10 limit, Hollywoodbets still deserves some praise for accepting £5 deposits. It's not like depositing any less than that will really come in handy for sports betting anyway, with it being more suitable for bingo and lotto players (but even then, the use can be questioned.
Debit card deposits are popular among punters - and ourselves - due to their speed and accessibility. The minimum deposit amount of £5 on Hollywoodbets is thus nice and low, while the maximum is set at £5,000.
Payment Method | Min. Limit | Max. Limit | Transaction Fee | Processing Time |
---|---|---|---|---|
![]() Visa | £5 | £5,000 | No fee | Instant |
![]() Mastercard | £5 | £5,000 | No fee | Instant |
PayPal is, perhaps, the best-known e-wallet on the market and seeing it offered as a payment method is nothing new. Hollywoodbets has gone one step further by also offering Neteller and Skrill to its customers, covering all the bases on the e-wallet front. These can not be used to claim the welcome offer, though.
Instant Banking is bound to be one of the most popular methods among new Hollywoodbet customers thanks to the speed. However, the minimum is no longer set at £1 and the method also cannot be used to claim the welcome offers. So, the popularity is not imminent for now.
Payment Method | Min. Limit | Max. Limit | Transaction Fee | Processing Time |
---|---|---|---|---|
![]() Instant Bank Transfer | £5 | Not specified | No fee | Instant |
Ben is an accredited football journalist who follows anything from League One to Serie A, also working for the likes of SempreMilan and Total Italian Football. As an avid punter, he has become the master tester at BettingLounge, refusing to take bookies by their words when it comes to withdrawal times and much more.