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Coinbase Launches Prediction Market for St. Louis vs Chicago Game

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Coinbase has launched a prediction market allowing users to bet on the outcome of the 3rd period total in a St. Louis vs Chicago game. The market, which expires on October 9, 2026, lets traders buy contracts priced between $0 and $1, reflecting the market’s odds of the event occurring. Payouts are made based on the final outcome, with correct predictions earning $1 per contract minus the purchase price.

To participate, users need a Coinbase account and must complete onboarding with Coinbase Financial Markets (CFM), including identity verification and basic financial details. Traders can use USD or USDC from their main Coinbase account to fund their positions. Settlement occurs when the event result is confirmed, with payouts based on an independent, regulated exchange’s determination using a specified source of truth.

The market operates 24/7, except during weekly maintenance windows from 3:00-5:00 am ET on Thursdays. Fees apply to trades, covering operational costs and broker fees, and vary by market. The platform emphasizes that real-time prices are sourced from third parties and that the information provided is for informational purposes only, not investment advice.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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