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Coinbase Launches New Prediction Market for Sports Outcomes

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Coinbase has introduced a new prediction market allowing users to bet on real-world events. The latest addition is titled 'Philadelphia vs Chicago: Rushing Yards', which will expire on October 1, 2026. Users can buy in and place their bets with the current price reflecting the market's odds.

The payout for this market is set at $196, with no volume detected yet. The total value of the contract is approximately $922K. Trading prohibitions are in place to prevent manipulation, including restrictions on current players, coaches, and staff of the relevant league or organization.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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