Gorgodze vs Selekhmeteva Prediction Market Expired on Coinbase
A recent prediction market on Coinbase allowed users to bet on the outcome of a sports event. The market, which expired on September 25, 2026, involved a match between Gorgodze and Selekhmeteva. According to the contract details, users could buy 'Yes' contracts if they thought the event would happen or 'No' contracts if they believed it wouldn't.
The price of the contracts reflected the market's odds, with $0.65 indicating a 65% chance of the event occurring. Users who bought 'Yes' contracts at this price stood to earn $1 per contract if the event happened, minus what they paid and fees.
Coinbase Financial Markets (CFM), the entity offering the prediction market, requires users to complete onboarding and fund their accounts with USD or USDC to participate. The platform also has rules in place for trading prohibitions, including restrictions for current players, coaches, staff, and owners of teams and leagues involved.
The contract was closed when an outcome occurred, but it would have expired by September 25, 2026, if no event happened during that time.