Hollywoodbets enhances their product for South African players. The latest addition of a Cash Out feature will give its’ players a better betting experience.

Hollywoodbets Cash Out

Hollywoodbets is introducing a new feature to its offering. We’re happy to announce that sports betting players will have the added feature of Cash Out when betting.

Hollywoodbets Cash Out Offering

The Cash Out feature is currently only available on Hollywoodbets‘ mobisite, it is unclear whether this feature will be added to the PC bespoke product anytime soon. But as mobile is the preferred product version for South African players it will surely be a success.

A simple explanation of the Cash Out feature is that it allows you to settle an accumulator bet before all selections are settled by default. This means that, for example, 3 out of 5 selections in your accumulator bet slip are settled as a win you can cash out the winnings for those games and forfeit the rest of the bet.

Risk It or Play It Safe

It is an excellent way to play it safe. While we do enjoy a big odds accumulator, it might not be in you favour. So if you have already been successful with a few of your selections in the slip, you can choose to cash out and receive your winnings for those selections.

The Cash Out feature is only available for selections that are not in-play, so remember to cash out prior to the event starting if you wish to do so. You will find the cash out icon in Recent Bets/Bet History.

Take control over your bets by accepting the cash out feature, while your winnings may not be as big as initially expected, it’s still a win. The days of waiting for the big accumulator to settle are over. Make use of the new feature on a range of pre-match football markets, as long as the bet is still ongoing and not settled.

The offered settlement value will be displayed before you accept the cash out, this way you can decide whether you want to risk it to get the biscuit or if you’d rather play it safe and cash out. The settlement value of the cash out is determined by and calculated by Hollywoodbets, and it’s not a negotiable value.

If for whatever reason the offered Cash Out value changes upon accepting the value, the transaction will not complete. If this happens, just review the amended settlement value and decide if you want to accept or not.

Hollywoodbets Cash Out Terms

The Cash Out feature is offered and provided at Hollywoodbets’ discretion. They reserve the right to suspend or withdraw the feature without any prior notice.

If the ‘Cash Out” settlement value changes during a settlement transaction. As a result, transaction will not complete and a revised settlement value will be offered, which will have to be accepted before proceeding.
Where any selections are suspended or closed immediately after the customer’s request before the conclusion of the ‘Cash Out’, the ‘Cash Out’ will be blocked.

When customers successfully Cash Out it will constitute a settlement of their original bet and any unsettled events will have no impact on the amount returned to your account. All Cash Out transactions still remain subject to Hollywoodbets’ standard settlement and bet acceptance rules set out in their terms and conditions.

Be in Control of Your Betting

Hollywoodbets’ latest product enhancement allows you to be more in control of your active bets. The downside may be that quicker settlements allow for quicker new bets. A word of caution, use their latest Cash Out feature as an added safety net when playing. Not as a quicker pay out.

If you’re not already registered with Hollywoodbets, have a look at our review and sign up today to receive your personal welcome offer.

Be sure to read all terms and conditions for opening an account, making use of the welcome offer and any other features that are offered.

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