SportStack is a real money betting exchange for athletes which is fully licensed and regulated by the UK Gambling Commission. This is a betting platform and should not be in any way viewed as an investment vehicle. Please gamble responsibly.
How it Works
How to Sell Shares
Selling shares is just as easy as buying them and you can do this at any time you like.
You can either sell your shares directly to the highest bidder if you want to sell instantly, or you can place a Sell order to sell your shares for a higher price in the future.
This is what being a SportStack trader is all about!
Tap the sell button next to the player you would like to sell your shares in
Enter the number of shares you would like to sell & Enter the price you would like to sell them at
Tip: You can Sell a maximum of 100 Shares per order but place as many orders as you like
You sold all of your shares at the price you wanted. The cash from selling these shares will go straight to your balance (net of commission).
Order Partially Matched
You sold some of your shares at the price you wanted and the remainder are sitting in the orderbook waiting for another user to buy at the same price and match you.
None of your shares are matched yet and your order is sitting in the orderbook waiting for another user to buy at the same price and match you
Unmatched Sell Orders
You can decide to try and Sell your shares at any price you like!
Think of it like selling your car, you can either sell it straight away for the price a dealer has said they will buy it for or you can put it on eBay for a higher price and hope someone else will pay more for it!
When you place a Sell order higher than the current market price then your order is placed in the orderbook. This is known as placing an offer.
Your order will stay in the orderbook until it is matched unless you decide to cancel it. You can check the status of any offers you place in the ‘Open Orders’ tab.
Placing an offer might mean you are able to sell shares for a higher price but it might also mean you miss out and end up having to sell them at an even lower price if the price falls in the meantime!
SportStack charges a 2% commission on the value of your sold shares - this is only applied when your shares are successfully sold.