What Does It Mean to Sell a Position?

Selling a position on BettorEdge allows you to exit a bet before the event concludes, either locking in profits when your team is winning or minimizing losses when things aren't going your way. This feature provides unprecedented flexibility compared to traditional sportsbooks, giving you control over your betting portfolio throughout the entire duration of sporting events.

• You can sell at any time before the event concludes
• The price you offer reflects the current game situation
• Other users can purchase your position if they find your offer attractive
• If sold, the transaction completes immediately and you receive the agreed amount
• If not sold, your original bet remains active until the event's conclusion

The process of selling a position involves:

1. Accessing your active bet in your portfolio
2. Choosing the "Sell Position" option
3. Setting a new price that reflects the current game situation
4. Placing your offer on the marketplace
5. Receiving payment immediately if another user accepts your offer

When your bet is likely to win:

• Example: You bet $10 on the Vikings at -100 odds (50% probability)
• The Vikings take a 21-point lead in the third quarter
• You sell your position at -300 odds (75% probability)
• Another user who still sees value purchases your position
• You secure a profit without waiting for the game to end

When your bet is likely to lose:

• Example: Your $10 Vikings bet now looks risky after they fall behind by 21 points
• You sell your position at +400 odds (20% probability)
• Another user who believes in a comeback purchases it
• You recoup some of your initial stake rather than losing it all

When you're unsure about the outcome:

• Example: Your Vikings bet is looking good, but their star quarterback just got injured
• You sell your position at -120 odds (55% probability)
• You protect against the increased risk while still making a small profit

BettorEdge's marketplace model offers unique advantages:

• Dynamic Risk Management: Adjust your exposure as game conditions change
• Enhanced Liquidity: Access to a marketplace of buyers looking for opportunities
• No High Fees: Unlike traditional betting cash-out features, BettorEdge has no high fees like traditional betting platforms
• True Market Value: Prices are determined by actual supply and demand, not bookmaker margins
• Portfolio Approach: Manage your bets like financial investments with real-time adjustments
• Opportunity Recognition: Profit from identifying value in other users' positions
• Bankroll Flexibility: Free up funds during games for other betting opportunities
• Emotional Control: Remove the temptation to "ride it out" when conditions change

To maximize the effectiveness of position selling:

• Price your offers realistically based on the current game situation
• Consider selling partial positions to balance risk and reward
• Monitor live game statistics to identify selling opportunities
• Compare your selling price to the theoretical value of your position
• Remember that lowball offers are unlikely to find buyers
  
• Send a tweet or text to a friend that may be interested in checking it out

Position Not Selling?

• Your asking price may be too high relative to the current game situation
• Try adjusting your price to make it more attractive to potential buyers
• Consider the time remaining in the event—positions with more uncertainty tend to be more liquid

Unsure About Timing?

• Watch for major game moments (scoring plays, injuries, momentum shifts)
• Consider how much time remains in the event
• Think about whether upcoming game situations favor or threaten your position

To begin using BettorEdge's position selling feature:

1. Place bets on events where you anticipate potential in-game value changes
2. Monitor your positions and the live game action
3. Identify optimal moments to lock in profits or minimize losses
4. Set realistic prices that reflect the current state of play
5. Utilize the marketplace's liquidity to manage your betting portfolio actively

Position selling represents a significant advancement in sports betting, allowing you to apply sophisticated investment strategies to your wagering activity while enjoying a marketplace without the high fees.