Coinbase Launches Prediction Market for Sports Competition
Coinbase has introduced a new prediction market for users to trade on future events. The first event is 'Seattle vs Las Vegas', a sports competition, which will expire on September 21, 2026. The total amount of interest in the contract is $511,162.94.
The price reflects the market's odds, with $0.65 meaning a 65% chance of the event happening. Users can buy 'Yes' contracts if they think it will happen or 'No' contracts if they don't.