How to Sell Your Bet Early on BettorEdge
Don't want to wait for the final whistle? Sell all or part of a bet back to the market before the game ends, at a price you set, to lock in a gain or cut a loss.
Before you start
- •You can sell any open position before its game ends. Another bettor buys it from you at your price.
- •Selling is a limit sale: you set the price you'll accept, and it fills when someone takes it.
- •You can sell all of a position or just part of it.
Prerequisites
- 1
Open the position in Portfolio
Go to Portfolio and tap the position you want to sell. You'll see how it was placed, the size, what it's worth now and what it pays. Tap Sell position.
- 2
Set your ask and how much to sell
The sell ticket is a limit sale. Set Your ask (the price you'll accept) with the arrows or type it in. Then choose how many contracts to sell, or tap 25%, 50%, 75% or MAX. Check the expiration and tap Place sell order.
- 3
Watch it fill
Your sell order sits on the order book until another bettor takes it or it expires. Working orders show in Portfolio, where you can manage or cancel them.
Tips
- •Portfolio shows what each position sells for right now next to what you paid, so you can see the gain or loss before you sell.
- •Price near the top of the order book if you want it gone fast; ask more if you're happy to wait.
- •Not filled? Your position stays open until the game settles, and any unsold part keeps riding.
Questions
Is selling early the same as cashing out?+
It works like a cash out, but the price comes from other bettors, not a sportsbook. You set your ask and someone on the other side takes it.
Can I sell only part of my bet?+
Yes. Choose how many contracts to sell, or tap 25%, 50% or 75%. The rest stays open.
What if nobody buys it?+
The order expires at the time you chose and your position stays open until the game settles.
Expected outcome
Your sell order is on the market. When someone takes it, that part of your position is closed and the money is yours.
Try it on BettorEdge.
Create your account and follow along in the app. Sign up for a shot at up to $100. No deposit needed.
Questions? Ask on r/BettorEdge, where the BettorEdge team answers.