Coinbase Launches Prediction Market for Sports Events
Coinbase has introduced a new market for users to bet on the outcome of sports events. The current market, titled 'Angers vs Stade Rennais: First Half Total', allows users to predict whether the total number of goals scored in the first half will be over or under 0.5.
The market has a payout of $263 and expires on September 8, 2026. The current price reflects a 100% chance of the event happening, as no volume is detected in the market.
Coinbase emphasizes that users must complete identity verification and basic income/net worth details to trade on this market. Users can also fund their account using cash from their main Coinbase account.