Coinbase Adds Sports Prediction Markets with DC United vs Columbus Bet
Users of Coinbase can now place bets on the outcome of sports events through prediction markets.
The platform has added a 'DC United vs Columbus' market, allowing users to buy contracts that will pay out if one team wins or loses.
The market is priced at $0.65, indicating a 65% chance of DC United winning.
Users can trade regulated 'Yes/No' contracts on outcomes in various categories, including sports, entertainment, and technology.