Coinbase Launches NFL Prediction Market for Third-Quarter Showdown

Coinbase has introduced a new prediction market for sports enthusiasts to bet on upcoming events. The first market is focused on two NFL teams, the New Orleans Saints and the Baltimore Ravens, with the question of which team will have more total points in the third quarter.

The contract allows users to buy or sell 'Yes' or 'No' options, with a payout of $1 if their prediction is correct and $0 if it's incorrect. The current price reflects the market's odds, with a 65% chance of one team scoring more points than the other.

The contract expires on September 22, 2026, at 5:00 PM GMT+0, unless an outcome occurs before then. Trading is open to all users who have completed Coinbase's Financial Markets (CFM) onboarding process and have funded their account with USD or USDC.