Coinbase Launches Prediction Market for Arizona St. vs Texas A&M
The cryptocurrency and financial news platform Coinbase has launched a new prediction market for the upcoming sports event between Arizona St. and Texas A&M. The market allows users to buy contracts on the outcome of the game, with the possibility of earning $1 if their prediction is correct.
The market will close and expire when an outcome occurs or by September 14, 2026, at 4:00 PM GMT+0. The price reflects the market's odds, with a price of $0.65 meaning a 65% chance of the event happening.
Users can trade regulated 'Yes/No' contracts on outcomes in various categories, including crypto, economics, politics, sports, entertainment, technology, and science. Each contract has rules explaining how its outcome is decided, with settlement based only on an independent, regulated exchange's determination using a stated 'source of truth.'
The platform requires users to have a Coinbase account and complete onboarding to Coinbase Financial Markets (CFM), which includes identity verification and basic income/net worth details.