Crypto
Arizona vs Kansas City: Prediction Market Launched on Coinbase
The Coinbase platform has introduced a prediction market where users can bet on the outcome of future events. One such event is the Arizona vs Kansas City game in the third inning, with a payout of $172 for those who correctly predict the winner.
The market is open to all Coinbase users, but there are some restrictions. For example, current and former players, coaches, and staff of the league, association, or organization governing the event are prohibited from trading this contract.
Users can buy in on the prediction market with a minimum amount of cash (USD and USDC) held in their main Coinbase account. The price reflects the market's odds, with $0.65 meaning a 65% chance of an outcome happening.