Short Answer: You must turn over (stake) the full value of all Holly Top Up Vouchers redeemed before a withdrawal may be processed. Because vouchers cannot be redeemed for cash, the entire voucher amount must be wagered through betting before any of those funds can be withdrawn.
This rule applies to all vouchers redeemed into your Hollywoodbets account.
1. How the Turnover Requirement Works
In compliance with Hollywoodbets' anti-money laundering policies and procedures, vouchers may not be redeemed for cash. If you redeem a R500 Holly Top Up Voucher, you cannot immediately withdraw that R500. You must place bets totaling at least R500 on sports, casino games, or lucky numbers. Once the full value has been staked, the funds become eligible for withdrawal.
2. General Deposit Turnover Rule
This voucher rule forms part of a broader Hollywoodbets policy. The terms state that account holders are required to turn over, stake, or spend their full deposit before a withdrawal may be processed. Hollywoodbets reserves the right to refuse a requested withdrawal if the value of the deposit has not been played through in full at least once.
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