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Coinbase Launches Prediction Market Platform with First Event: Colorado vs Baylor

Guavy AI Editorial Team
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Coinbase has launched its prediction market platform, allowing users to bet on various events.

The first event is the Colorado vs Baylor game, with a spread of $238. The market will close and settle if the event occurs or if it does not occur by September 28th at 4:00 PM GMT+0.

User can buy contracts for $0.65, which reflects a 65% probability of the event occurring. If the user predicts correctly, they can earn up to $1 per contract, minus their initial payment and fees.

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