Coinbase Prediction Market Launched for Portland St. vs Oregon Game

A prediction market for sports outcomes has been made available on Coinbase Financial Markets. The platform allows users to trade contracts on future events, with each contract paying $1 if the event happens and $0 if it does not.

The market in question is for a Portland St. vs Oregon game, with a total points outcome. The current price reflects the market's odds, at $2,384,546.68 invested in the contract.

Users can trade regulated 'Yes/No' contracts on outcomes in various categories, including sports, economics, politics, and entertainment.