Coinbase Prediction Market for Pittsburgh vs Chicago C Home Runs
A prediction market on Coinbase allows users to trade contracts based on future events. In this case, the event is a Pittsburgh vs Chicago C baseball game.
The market offers 'Yes' and 'No' contracts for each possible outcome of the game. If the event happens (a home run is scored), the contract pays out $1 per unit, minus what was paid initially (plus fees). Conversely, if it does not happen, the contract settles at $0.
The market has a total value of $1.2 million and expires on September 12, 2026, unless an outcome occurs first. Trading is prohibited for certain groups, including current and former players, coaches, staff, and their household members and immediate family.