Coinbase Rolls Out Prediction Market for Georgetown vs Richmond Game

Coinbase has introduced a new prediction market for users to bet on various events. The latest market pits Georgetown against Richmond, and users can buy contracts that will pay out $1 if one of these teams wins.

The event is scheduled to take place on September 21, 2026, and the current price reflects a 65% chance of an outcome in favor of Georgetown. Users can trade regulated 'Yes/No' contracts on outcomes in various categories, including sports, entertainment, technology, and more.

Coinbase emphasizes that users need to complete onboarding to Coinbase Financial Markets (CFM), the registered futures commission merchant, before trading. This includes identity verification and basic income/net worth details. The fees for trading prediction markets vary by market and are shown in the trade preview before placing an order.