Coinbase Launches Baseball Prediction Market for Toronto vs New York Home Runs
Coinbase Financial Markets has introduced a new prediction market for baseball fans to bet on the outcome of a game between Toronto and New York.
The market, which will close by August 23, 2026, or when an outcome occurs, allows users to trade contracts on whether the Toronto team will hit more home runs than New York.
The initial interest in this market was $688,893.90, with a total value of over $719K.
User fees apply when trading, and payouts are made based on the event's outcome, with correct contracts settling at $1 and incorrect ones at $0.