What happens if Hollywoodbets pays funds into my account in error?

Short Answer: If Hollywoodbets pays funds into your account in error, it is your responsibility to notify them immediately. The money is deemed invalid and repayable to Hollywoodbets. You authorize them to deduct the incorrectly paid amount directly from your account to rectify the mistake.

This rule applies whether the error was linked to a transaction or not.

1. Your Obligation to Report the Error

When Hollywoodbets pays funds into your account by mistake, you cannot keep the money. The terms state that any amount paid to you as a result of the error, prior to you notifying Hollywoodbets, is invalid. You must contact them immediately to report the incorrect deposit or payout so they can begin the recovery process.

2. Deduction and Legal Action

By using the platform, you agree to authorize Hollywoodbets to deduct the incorrectly paid amount from your betting account. If you have already withdrawn the funds, Hollywoodbets reserves the right to take legal action to recover the amount owed if there are insufficient funds in your account. This strict policy protects the operator against fraud and system errors.