Your portfolio on Sporttrade works much like an investment portfolio. It displays your open positions, their current value, and your total account performance in real time.
Portfolio Value
Your Portfolio Value represents the total value of your Sporttrade account at any given moment.
It includes your available funds, the value of all open positions, and any unrealized profits or losses.
In other words:
It’s what your account would be worth if you closed all your trades right now.
List of Open Positions
Your open positions are the markets where you currently hold shares, either long (buy) or short (sell).
For each position, you can view:
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The current share price.
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The number of shares you hold.
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The unrealized profit or loss (P&L).
You can manage these positions by:
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Selling to close or reduce your position.
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Buying to increase your position.
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Closing completely to trade away all shares.
Orders & Trades
If you have any open limit orders that haven’t filled yet, they appear in your Orders list.
From there, you can modify or cancel any remaining orders.
You can also view your recent trades and settlements, which show executed trades and finalized outcomes.
Portfolio Value vs. Available Funds
Your Portfolio Value and Available Funds represent two different things:
| Term | Description |
|---|---|
| Portfolio Value | Your overall net worth on Sporttrade, including positions, open orders, and available funds. |
| Available Funds | The amount of money currently available to place new trades or withdraw. |
How They’re Calculated
Portfolio Value = Positions & Open Orders + Available Funds + Restricted Profits
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Positions & Open Orders: The total cost of all open orders plus the live value of open positions, including unrealized profit or loss.
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Available Funds: The portion of your balance that can be used to trade or withdraw.
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Restricted Profits: Profits from unsettled markets that are temporarily held until the event outcome is finalized.
Available Funds = Cash – Cost of Open Activity + Total Unsettled Net P&L – Restricted Profits – Pending Withdrawals
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Cash: Derived from deposits, withdrawals, and profits on settled outcomes (inclusive of any commission).
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Cost of Open Activity: The total amount currently tied up in open positions and open orders.
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Restricted Profits: Profits on open markets that will become available after settlement.
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Pending Withdrawals: Amounts requested but not yet processed.
Restricted Profits
Restricted profits represent money you’ve earned from trading but that’s being held until the related market settles.
Once the outcome is confirmed, these profits are released and added to your available funds.
Important Note
Exchange wagering is currently unavailable in Iowa.
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