Chapter 2 · Trading · Lesson 2 · 1 min
Claim your winnings
What happens when a market resolves, and how to move your winnings into your balance.
When a market resolves, each winning share pays $1 and each losing share pays nothing. By default, your winnings don't move into your balance by themselves: you claim them, and it takes one press.
How to do it
- Once a market you won has resolved, a Claim button appears at the top of the page, next to your balance.
- Press it. You can also open Portfolio and press Claim All above the tabs, or press Claim on a single position in the Open tab.
- Check the list of winning positions and press Claim $… with your total on it.
- When the claim finishes, press Done. The money is now in your Cash balance.
Claimed positions move to the Closed tab with a green check. Lost positions have nothing to claim: they drop out of Open and show up under Closed with a red cross and your loss.
Unclaimed winnings screen
Some winnings and rewards reach your account without landing in your trading balance. When that happens, a Congratulations! screen pops up after you open Preddy, with the amount waiting in each of your accounts. Press Claim $…, and once you see Success!, press Done. If you close it, it comes back on your next visit.
Tips
- Tired of claiming by hand? Open Settings from the menu and turn on Auto-Redeem in General Settings. You confirm it once, and after that winning positions are claimed for you. It's set per account.
- Won a combo? Combos are claimed on their own: open Closed, switch to Combo and press Claim on the combo.
- Got several accounts? Claim All covers the account you're on. Switch accounts to claim the rest.
- No Claim button even though the game is over? The market has to resolve officially first, and that can take a while after the event ends.
Finish reading to complete this lesson