Skip to main content
Cash Out

What is the Cash Out feature and how do I use it?

Updated over 3 weeks ago

Overview

Cash Out allows you to settle an entry early without having to wait for the event(s) to finish. You get to decide!

If your entry is eligible for Cash Out, you will be offered a β€œCash Out" value. You can find this in the "Entries" tab, with the Cash Out offer being presented on a green button at the bottom of each entry if/when available.

The Cash Out value will change dynamically depending on what happens during play. You can follow the action right in the Chalkboard app and decide whether to cash out early or see it through to the end!

Availability by League

Not all sports/leagues will be available for Cash Out at any time. Availability works as follows:

Cash Out has replaced our previous 'Cancel Entry' feature. All entries will be available for a Cash Out Value equal to the original risk amount for 5 minutes after entries are placed.
​
After 5 minutes has passed, only entries whose pending picks are entirely made up of NFL, NBA, MLB, or NHL will continue to be available. Entries with pending NHL picks will not be available for Cash Out when those picks are in progress.
​
Note: The table below outlines full Cash Out availability rules by league. It's important to remember that this applies to pending picks, not picks that have already cleared.

Example: A 4-Pick entry containing 3 pending NBA picks and 1 settled UFC pick would still be eligible for Cash Out.

League

First 5 Minutes After Submit

Until Game Start Time

Live Game In Progress

🏈 NFL

βœ…

βœ…

βœ…

πŸ€ NBA

βœ…

βœ…

βœ…

⚾ MLB

βœ…

βœ…

βœ…

πŸ’ NHL

βœ…

βœ…

❌

🏈 CFB

βœ…

❌

❌

πŸ€ CBB

βœ…

❌

❌

⚽ FIFA

βœ…

❌

❌

πŸ€ WNBA

βœ…

❌

❌

πŸ₯Š UFC

βœ…

❌

❌

How do I Cash Out an Entry?

  • In your Entries tab, press the green Cash Out button.

  • You'll be given the option to Cash Out or Cancel.

  • If accepted, the funds will be transferred to your Chalkboard wallet as winnings instantaneously and the entry will show in the Settled Entries tab as β€œCashed Out".

NOTE: Cash out is not available on every entry and may not be available at certain parts of the game. Examples include pitching changes, injuries, or in between some plays. Cash outs can be temporarily suspended when this happens.
​
NOTE: If an entry is cashed out without a sufficient number of legs being completed, and your original risk amount was placed with play through or bonus funds, those funds may be returned to your play through or bonus balance. The play through requirement will not be considered satisfied. Any amount in excess of the original risk amount will be eligible for a withdrawal or redemption. Soccer, NCAAF and NCAAB entries are not currently eligible for Cash Out.
​

Did this answer your question?