Georgia Tech vs Stanford Prediction Market Launched on Coinbase
Coinbase Financial Markets offers prediction markets on various events, including sports. The platform is currently hosting a market for the Georgia Tech vs Stanford game, where users can buy contracts based on their predictions.
The market has an expiry date of September 29, 2026, and the current price reflects the market's odds. At $0.65, it means there's a 65% chance of the event happening.
Payouts are made to traders who correctly predict the outcome, with each contract paying out $1 if the event occurs. The platform charges fees for trading, which vary by market and are shown in the trade preview before placing an order.