WAGERBIRD® Alpha Academy · SMT 100 First Principles · Part I: The Structure of Sports Markets
Included with every Alpha Terminal plan
Lesson 08

Orders and selling early

On an exchange you do not have to take the posted price. You can post your own with a limit order and wait. And you do not have to hold to settlement. You can sell the contract to someone else first.

WAGERBIRD® ALPHA ACADEMY

Included with every Alpha Terminal plan.

Read the full Academy with an active seat: Alpha Plus ($99/mo), Alpha Pro ($199/mo), Alpha Max ($349/mo), or Alpha Desk ($2,995/yr). Want to read a sample first? SMT 101 Lesson 01 is open to everyone.

SMT 100 · Part I: The Structure of Sports Markets (12 lessons)Full course syllabus ↗
  1. 01Three markets, side by sideRead ↗
  2. 02The sportsbook and its wager slipRead ↗
  3. 03Odds formats and probabilityRead ↗
  4. 04The vigRead ↗
  5. 05Spread, total, moneylineRead ↗
  6. 06Props and parlaysRead ↗
  7. 07The prediction market contractRead ↗
  8. 08Orders and selling earlyRead ↗
  9. 09The pick'em entryRead ↗
  10. 10Limits and exitsRead ↗
  11. 11Who regulates whatRead ↗
  12. 12Opening and running accountsRead ↗