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 “Cash 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:
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 | ✅ | ✅ | ✅ |
🏀 NBA | ✅ | ✅ | ✅ |
⚾ MLB | ✅ | ✅ | ✅ |
🏒 NHL | ✅ | ✅ | ❌ |
🏈 CFB | ✅ | ✅ | ❌ |
🏀 CBB | ✅ | ✅ | ❌ |
⚽ FIFA | ✅ | ✅ | ❌ |
🎮 Esports | ✅ | ✅ | ❌ |
🏀 WNBA | ✅ | ✅ | ❌ |
🥊 UFC | ✅ | ✅ | ❌ |
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 Exit.
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 “Cashed Out".
NOTE: Cashout 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.
Cash Out Entry - Multiplier and Payout Explained
Let’s walk through how cashing out early works when your entry is in a strong position.
Example Scenario:
You’ve submitted a 3-man entry featuring:
Tom Brady ✅ (graded as a win)
Derek Jeter ✅ (graded as a win)
Shaquille O’Neal ⏳ (still pending)
As the Celtics game begins - with only Shaquille O’Neal left to be graded - you decide to cash out early for a guaranteed profit instead of waiting for the final outcome.
Your Result:
Cashed Out Amount: $489.50
This early payout reflects your two confirmed wins and the current value of the pending pick.
💡 Reminder: Cash out values are dynamic and based on the current status of your picks. Locking in early gives you more control over your risk and reward.