Colorado vs Northwestern Prediction Market Launched by Coinbase

Coinbase's prediction market platform has launched a new contract related to an upcoming sports event. The Colorado vs Northwestern game will be used as the basis for this 'Yes/No' contract, which allows users to bet on whether the event occurs or not.

The contract, available on Coinbase's platform, expires on September 21, 2026, unless the outcome of the event happens before then. The current volume is $3,143,012.44, with an interest of $4,729,554.24.

Users can buy contracts for a price of up to $9,999, and each contract pays out $1 if the event occurs. However, there are restrictions on who can trade this contract, including current and former players, coaches, staff, and owners of teams involved in the game.