Coinbase Prediction Market Aims to Guess Baseball Winner
Coinbase has entered a prediction market on its platform, allowing users to bet on the outcome of a Cincinnati vs Milwaukee baseball game. The '9th Inning Winner - Coinbase' contract pays out $1 if the specified team wins in the 9th inning and $0 otherwise. According to the source, no volume is detected for this contract yet.
The market expires on September 15, 2026, at 6:10 PM GMT+0 or when an outcome occurs. The current interest rate is $2.84 and the total value is $2.8. Trading prohibitions apply to certain individuals, including current and former players, coaches, staff, owners, and household members.
Coinbase has started a new era of prediction markets, allowing users to bet on various events in crypto, economics, politics, sports, entertainment, technology, science, and more. The company is registered with the Commodity Futures Trading Commission and is a Member of the National Futures Association.