What is a Bet Position?

A bet position on BettorEdge is what your fulfilled order becomes after successfully matched with another user. Unlike traditional sportsbook bets, positions on BettorEdge function more like stocks—you can buy more, sell portions at any time before the event ends, or simply hold until the event concludes for traditional payout based on results.

When you place an order on the BettorEdge marketplace and it gets matched with opposing orders, it transforms from an "order" into a "bet position." This position represents your stake in a particular outcome of a sporting event.

• Created from Fulfilled Orders: Any order that has been partially or completely matched becomes a bet position
• Dynamic Ownership: Unlike traditional bets that are locked in, positions can be modified by selling them at market price
• Tradable Asset: Functions similarly to stocks in a financial market
• Result-Based Payout: If held until the event concludes, pays out based on the event outcome

Traditional sportsbooks charge high fees and lock you into bets with no flexibility once placed. BettorEdge positions offer several advantages:

Managing Your Bet Positions

All your active bet positions appear in your dashboard under "Active Positions." From here, you have several options for managing each position:

• See your stake amount
• View current market value
• Track potential profit/loss

• Purchase additional units of the same prediction
• Average down or up on your entry price
• Increase your potential payout

1. Click the three dots on the right side of any bet position
2. Select "Sell" option
3. Choose whether to sell the entire position or a specific portion
4. Set your desired sell price or accept current market value
5. Confirm the transaction

• Keep your position until the event concludes
• Receive payout based on the event outcome (win or lose)
• No action required to hold

1. Creation: Order is matched and becomes a position
2. Management: Position can be modified by buying more or selling portions
3. Resolution: Position settles based on event outcome or earlier sale

Troubleshooting Common Issues Unable to Sell Position

• Check market liquidity for your position type
• Consider adjusting your sell price to be more competitive
• Be aware that markets for less popular events may have fewer buyers

Position Showing Incorrect Value

• Refresh your dashboard to ensure data is current
• Verify the event hasn't been affected by news that changed market sentiment
• Contact support if discrepancies persist

Ready to manage your first bet position? Here's how:

1. Place an order through the marketplace
2. Once matched, your new position will appear in your dashboard
3. Monitor your position's value as market conditions change
4. Decide whether to:
• Hold until the event concludes
• Sell some or all of your position before the event
• Add to your position if you remain confident in your prediction

Remember that unlike traditional sports betting platforms with their high fees and inflexible bets, BettorEdge positions give you the freedom to adapt your strategy as circumstances change.