What is the maximum daily payout limit for a single Hollywoodbets customer?

Short Answer: The standard maximum daily payout limit for a single Hollywoodbets customer is R5,000,000 across any 24-hour period. However, this limit can increase to R30,000,000 for specific exceptions listed in the Limits Table, such as certain high-tier sports or casino payouts.

These limits apply irrespective of the stakes or terms of the bets placed.

1. How the Daily Limit is Applied

If a customer wins multiple bets on a single day, the total payout is capped. For example, if a soccer customer wins multiple 10-leg bets, the limit of R10 million is applied to each bet, but the total payout is still restricted to the R30 million daily maximum. Similarly, combined wins across different products (like slots and live games) count towards the overall daily cap.

2. Multiple Bets and Syndicates

The rules apply to individual customers as well as syndicates or groups acting together. If Hollywoodbets determines that multiple bets with the same selections originated from the same person or group, they reserve the right to limit the total winnings to the single customer maximum. This prevents bettors from splitting bets to bypass the payout caps.