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What is cashing out?

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What is cashing out?

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Cashing out allows you to cancel your bet before the prediction’s close date has occured. If you think you bet unwisely, or maybe you bet too much and want to move your Standard Dollars elsewhere, you can cash out. Just like when a prediction is judged (see above), the amount you get when you cash out is based on the odds when you cash out, compared to the odds when you originally placed your bet. If you placed your bet when the odds were low, and you cash out when the odds are high, you will get more cash back than if you cash out after the odds have not moved very much. This can come in handy especially if a prediction has a very distant closing date and you want to free up some cash. Just be sure you aren’t going to lose a huge amount of Standard Dollars if you can help it!

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