Houston vs Philly: New Prediction Market Launched by Coinbase

Coinbase has introduced a new prediction market for its users to trade contracts on future events. One of the markets is titled 'Houston vs Philadelphia: First 7 Innings' and allows users to predict the outcome of a sports event between two teams.

The contract pays out $1 if the specified team wins, and $0 if they lose. The market has an expiry date of September 11, 2026, at 10:40 PM GMT+0. If no outcome occurs before this time, the market will close automatically.

The current price of the contract is not available as 'No volume detected, be the first!' indicates that there are no trades or bets placed yet. The payout for a correct prediction would be $1 per contract minus what was paid (minus fees).