Paris FC vs Strasbourg Alsace Prediction Market Launched by Coinbase

The Coinbase platform has introduced a new prediction market for sports enthusiasts, allowing users to bet on the outcome of future events. In this case, the market is focused on the upcoming match between Paris FC and Strasbourg Alsace.

The market offers a straightforward 'Yes/No' contract, where users can choose to buy in at $0.65, reflecting a 65% chance that the event will occur.

According to the terms of the market, if the event happens, each correct contract will settle at $1, and each incorrect contract will settle at $0. The payout for traders will be $1 times the number of winning contracts, minus any fees incurred.