After registering for a tournament, Sellers (players selling their action) must set the percentage of their action for sale as well as the mark-up that they are selling it for. Sellers may value their action as they see fit. From selling action at the base 1:1 price of the entry fees to doubling the cost of each 1% increment, the mark up is defined by the value the seller places on their skills to succeed, and the popularity and demand for their action. See below for a guide on how to Sell Action:
Once a player has registered for a tournament, proceed to the "Staking" tab and select the "Sell My Action" button.
Set the Shares to Sell and Set Markup then hit the ‘Sell Action’ button once completed.
- Shares to Sell - are equal to percentages of a player’s stake
- Purchase Cap - a percentage cap each player can purchase
- Set Markup - this is used to charge a premium for a share of their action.