After depositing £5 on the Hollywoodbets app, we wanted to test how quickly we could withdraw the money from our account. We were pleasantly surprised by the outcome, to say the least. Not only was the process quick, but the funds reached our account in less than a few minutes.
This is fantastic, and among the fastest withdrawals that we have seen when testing the major betting sites in the UK. Seeing as we withdrew with a Visa debit card, the speed likely has a lot to do with the Visa Direct feature, which allows for much faster withdrawals than normal.
⏱️ Withdrawal Time: A few minutes in our test 💳 Method Used: Visa Debit Card
Since Hollywoodbets is so good for fast withdrawals, you might be tempted to sign up on the site. Fortunately, there are some great welcome offers to claim when joining the bookie, as you can see below.
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. |
Hollywoodbets has been operating out of South Africa for nearly 40 years, but it took a long time before the brand entered the UK market. Indeed, the bookie's website was only launched in Ireland in 2018 and the UK version came a year after that. As a result, it's safe to say that most punters will have little knowledge about the brand.
In the table below, we have collected everything you need to know about withdrawals at Hollywoodbets, from the payment methods available to the withdrawal time for each. Our result with a Visa debit card was indeed impressive, but the Instant Banking option is even faster thanks to the new technology.
Payment Method | Min. Limit | Max. Limit | Transaction Fee | Processing Time |
---|---|---|---|---|
![]() Visa | £5 | £5,000 | No fee | Within 5 minutes |
![]() Mastercard | £5 | £5,000 | No fee | 1-3 business days |
![]() Neteller | £5 | £5,000 | No fee | Within 24 hours |
![]() Skrill | £5 | £5,000 | No fee | Within 24 hours |
![]() Paypal | £5 | £5,000 | No fee | Within 24 hours |
![]() Instant Bank Transfer | £5 | Not specified | No fee | Instant |
Hollywoodbets supports several different payment methods for withdrawals but as revealed by our test, Visa debit card is among the fastest options. We got the money in just a few minutes, though it's possible that it would be even faster with Instant Banking. Or let us rephrase that; it would likely be a very similar result, so a few minutes if not instant.
The minimum withdrawal amount used to be even lower, but following a platform switch in mid-2025, it is now set at £5 rather than £1. Still, this is a very good limit and most punters will have no issues withdrawing funds from Hollywoodbets. The fact that even Visa is incredibly fast suggests the e-wallets can guarantee a good speed too (so, you can't really go wrong!).
For those who are looking to withdraw winnings from Hollywoodbets for the first time, it might not be completely obvious where to go, or what to do, to get your hands on your money. Our easy step-by-step guide for how to withdraw from Hollywoodbets has all the details:
As we did when depositing, once again, tap the 'Profile' icon displayed in the top right corner. From the menu that follows, tap the 'Banking' and 'Withdraw' options.
As with deposits, you will have the option to choose the payment method here, though the selection will always be limited based on your deposit method. Nevertheless, we chose to continue with a Visa card.
Finally, you will need to double-check that the details are correct on your payment method, and then insert your withdrawal amount. We chose to withdraw the minimum of £5, which we normally do.
In our test, the money was with us in less than three minutes, which is a superb result. This will be because we used a Visa debit card, giving us the speed of Visa Direct, which makes things much quicker.
Once you have requested a withdrawal from Hollywoodbets, as per our step-by-step guide above, you can find the current status of the transaction in the 'Transaction List' area of the app. Whilst it will not display a time when your funds should arrive, your transaction ID is provided, should you need to raise a claim.
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.