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How Selling a Position Works

How does Selling a Position work?

Selling a position lets you close an eligible position before your event ends, for the current market price of your contracts. That price is based on what other traders are willing to pay for your position right now — it isn't a fixed percentage of your stake, so your amount can be more or less than what you originally staked.

How is my selling value calculated?

When you sell a position that amount reflects the best price other traders would currently pay for your contracts — essentially, what the market thinks your position is worth at this moment. This value updates continuously as odds move, so it can go up or down between the time you place your order and the time you decide to sell it.

Because it's based on live market pricing rather than your original stake:

  • Your position value can be higher than your stake if the odds have moved in your favor.

  • Your position value can be lower than your stake if the odds have moved against you.

Which orders can be sold?

Selling a positon is only available for straight orders (single-market trades). Parlays currently are not eligible to be sold.

For eligible straight orders, selling may still not be available in every case — if a position doesn't have a sell option, it means there currently isn't enough market activity to generate a live price for it.

How do I sell a position?

  1. Go to Portfolio.

  2. Find the position you want to close. If it's eligible, you'll see a Sell button showing the current offer amount.

  3. Tap Sell to review the offer, including your profit or loss for the trade.

  4. Tap Confirm Sell.

Once confirmed, your position is closed and the sold amount is added to your wallet immediately. You'll see a confirmation with the final amount and your profit/loss.

What actually happens when I sell?

Selling isn't a refund — the system closes your position by placing an offsetting order on the opposing side of your original trade. That offsetting order fills at the best available price, which is why your position can close for more or less than your stake.

This means what looks like one clean line item in your Portfolio is actually made up of several individual transactions behind the scenes.

Why do I see extra transactions in my Account history?

When you check Account > Transactions, you may see line items you didn't personally place, such as:

  • An order on the opposing side of your original trade (the automatic offsetting order)

  • A Price Improvement entry on that offsetting order

  • A Sell entry that's for a different amount than the offer you saw on the button

These are all real, legitimate parts of your sold positions — the system just breaks the single amount you saw into its component trades. Added together, they equal the cash out amount you confirmed.

Example breakdown

Say you staked $100 on a winner trade at 40.5% and the Sell button showed an offer of $92.59.

Transaction

Market

Amount

Order Placed

Original winner

−$100.00

Order Placed

Offsetting winner (opposing side)

−$159.26

Price Improvement

Offsetting winner

+$4.94

Sell

Offset @ Original

+$246.91

Net result

−$7.41

Your Portfolio shows a single "Sell — $92.59" line, but your Transactions tab shows the four individual entries above, which net out to the same result.

Frequently asked questions

Why isn't my sell a fixed percentage of my stake? Cash out value is based on real-time market pricing, not a formula applied to your stake. It reflects what other traders would pay for your position right now.

Can I lose money by selling a position? Yes. If the market has moved against your position since you placed it, your sell value can be lower than your original stake.

Can I cash out for more than I staked? Yes. If the market has moved in your favor, your cash out value can be higher than your original stake.

Can I sell a parlay? No. Cash out is only available for straight orders (single-market trades). Parlays currently can't be cashed out.

Why can't I sell a particular position? Sell isn't available for every order. If you don't see a Sell button, there currently isn't enough market activity to generate a live price for that position.

Is selling the same as getting a refund? No. Selling closes your position by placing an offsetting order on the other side of your trade, rather than simply returning your stake.

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