Selling early
You don't have to wait for the result. Any open position can be sold back to the market at the current price.
How it works
- Open the call, tap Sell.
You'll see the live bid for your shares and what you'd get, less the 1% fee.
- Confirm.
Backd sends a sell order to Polymarket's book, fill-or-kill at that price or better. If it fills, the money is in your wallet immediately.
You can sell part of a position. What's left keeps running to settlement.
When it makes sense
- Lock in a win. Yes bought at 40% now trading at 80%: sell and take the doubling, or hold for the full $1.
- Cut a loss. The match turned; 60% is now 15%. Selling gets 15¢ a share back instead of risking zero.
- Free up money for a better call.
What it does to your record
A sold call settles on your record at the sale price: a win if you sold above your entry, a loss if below, with the real profit or loss. It shows as “sold at 80%” on the receipt, so anyone reading your record can see you cashed out rather than rode it home.
Private beta. Real-money backing is being switched on. Until it is, every call is tracked at $10 so records, leaderboards and receipts work exactly as they will with money behind them. Nothing on this page is live until the switch flips.