What is the maximum daily withdrawal limit for Spot Money on Hollywoodbets?

Short Answer: The maximum daily withdrawal limit for Spot Money on Hollywoodbets is R3,000. There is also a monthly pay-out limit of R25,000. Withdrawals via Spot Money are subject to a minimum request of R50 per withdrawal.

These limits apply to the total amount you can withdraw through this specific method within a single day and over a calendar month.

1. How the Spot Money Limits Work

Multiple withdrawal requests made within a single day can be consolidated and paid in one lump sum, but they remain subject to the R3,000 daily cap and the R25,000 monthly cap. If you request more than the daily limit, the transaction will be rejected. The funds are paid out to the valid South African cell phone number linked to your active Hollywoodbets account.

2. Processing and Error Handling

Withdrawals are processed within 24 hours of the request, subject to banking hours. Once payment has been successfully processed, it may not be reversed by Hollywoodbets. If funds are paid into your Spot Money account in error, you must notify Hollywoodbets immediately. They reserve the right to deduct the incorrectly paid amount from your account. Changes to your cell phone number prior to a withdrawal will be subject to verification checks.