Los Angeles vs Chicago: Binary Bet on Coinbase

Coinbase has introduced a new prediction market that pits Los Angeles against Chicago in a binary contest. The contract will expire on August 6, 2026, unless an outcome occurs before then.

The market allows traders to bet on the event with regulated 'Yes/No' contracts, where $1 is paid out if the event happens and $0 if it does not. The current price reflects a 65% chance of Los Angeles winning, priced at $0.65 per contract.

The trading prohibition list includes current and former players, coaches, and staff of the league, association, or organization governing the event, as well as paid employees of the league and owners of teams and the league.