Coinbase Launches Prediction Markets for Sports and Crypto Outcomes

Users of Coinbase can now place bets on various events, including sports and cryptocurrency-related outcomes. A current market allows users to predict whether Yeovil will score more total goals than Solihull in an upcoming match. The contract has a payout of $277 and expires on September 20, 2026.

The market is one of many available through Coinbase's prediction markets platform, which offers regulated contracts based on outcomes in various categories, including crypto, economics, politics, sports, entertainment, technology, and science. Users can trade these contracts using their main Coinbase account funds, with fees applying to each transaction.