> For the complete documentation index, see [llms.txt](https://polymarketguide.gitbook.io/polymarketguide/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://polymarketguide.gitbook.io/polymarketguide/trading/payout.md).

# Payout

After a market has resolved, traders are paid out.

### Redeeming Winning Shares

To redeem your winning shares:

1. Go to your [Portfolio](https://polymarket.com/portfolio).
2. Look for the **Markets Won** banner above your positions.
3. **Click Claim**, then **Click Claim Proceeds**.
4. You'll see a confirmation message once your proceeds have been claimed.

<figure><img src="/files/T181868YWU6pkXiefajX" alt=""><figcaption></figcaption></figure>

### Closing Positions

To close losing positions:&#x20;

1. Go to your [Portfolio](https://polymarket.com/portfolio).
2. In the **History** tab, click **Close Losing Positions.**
3. Confirm the action when prompted.
4. You’ll see a confirmation message once your losing positions have been closed.

Closing positions **realizes the loss** and removes those markets from your portfolio.

{% hint style="info" %}
This feature only applies to **Polymarket accounts created with crypto wallets.**

**Google** and **Email** accounts automatically close losing positions after resolution.
{% endhint %}