Coinbase Hosts Prediction Market for Chicago Cubs vs San Diego
Chicago Cubs took on San Diego in a recent event at Coinbase, which operates as a prediction market. The spread was involved in this particular event, and traders could buy 'Yes' or 'No' contracts based on their predictions.
The contract for the event expired on September 30, 2026, and had an interest of $2,716,514.48 with a total value of $5.4M. Trading was prohibited for current players, coaches, and staff, as well as paid employees of the league and participants.
The prediction market allows users to trade contracts on future events, with each contract paying $1 if the event happens and $0 if it does not. The price reflects the market's odds, with a fee applied for operating the market and the broker fee.