Coinbase Prediction Market Offers Fans Chance to Bet on Flamengo vs. Corinthians
Coinbase has introduced a new prediction market for fans of Brazilian football. The market is for the outcome of a match between Flamengo and Corinthians, with a payout of $102 if the event occurs.
The market, which expires on September 16th, allows users to buy 'Yes' contracts at a current price of $0, reflecting a 100% chance of the event happening. However, it's essential to note that no volume has been detected for this contract yet.
Trading is subject to certain restrictions, including prohibitions on players, coaches, staff, and owners of teams and leagues from participating in the market.