Coinbase Launches Prediction Market for Football Match
Coinbase has introduced a new prediction market for sports fans to bet on the outcome of a football match between San Lorenzo de Almagro and Talleres Cordoba.
The market, which expires on September 8th, 2026, allows users to buy 'Yes' or 'No' contracts based on their predictions for the total goals scored in the game.
The current price of a 'Yes' contract is $0.65, indicating a 65% chance that the event will occur.
Payouts are made to traders who hold correct contracts at $1 per unit, with fees applied to each trade.