Coinbase Users Can Bet On Philadelphia vs New York Match
On Coinbase's prediction market platform, users can now place bets on whether Philadelphia will defeat New York in their upcoming match. The market offers a 'Yes' or 'No' contract for $1 each, with the payout determined by the outcome of the event.
The market is set to expire on September 21, 2026, at 11:15 PM GMT+0 unless an outcome occurs before then. The trading prohibitions include current players, coaches, and staff of the league, association, or organization governing the event.
Users can trade using cash (USD and USDC) in their main Coinbase account, with fees applied to each transaction. Settlement is based on an independent, regulated exchange determining the result using a stated 'source of truth', such as official data or market prices.