Exit

What exit is

Exiting means taking back part of the money in this bet before settlement.

How much you can get back

Exit is calculated by this rule, taking the smaller of the two:

• The current market value of that portion of shares
• The principal that portion still corresponds to

In other words:

• If the current market value is above your cost (a paper gain): exit only returns principal — you can’t take the paper gain; to get it you have to wait for formal settlement.
• If the current market value is below your cost: you exit at the lower market value, and you bear that loss yourself.

Then a exit fee is deducted:

• It’s 2% when the pool has enough money;
• the more short of money the pool is, the higher the rate, up to 30%.

Also, a single exit takes at most 30% of the pool’s distributable balance — if the amount is too large, you have to do it in several rounds.

Don’t treat it as a “take-profit button”

• Exit is a way to manage risk and pull back part of your funds early.
• It does not guarantee you get all of your paper gains.
• If you care about how much you receive in the end, holding through formal settlement is often the better deal.

Related pages

• How to claim at formal settlement: Claim
• How refunds work when an event is cancelled: Refund
• Rule boundaries: Gameplay Rules