St. Louis vs San Francisco: First Five Innings Market Opens on Coinbase
A prediction market on Coinbase allows users to bet on the outcome of various events. In this case, users can buy or sell contracts tied to whether St. Louis will win against San Francisco in the first five innings of a game.
The market is currently priced at $0.65, indicating that there's a 65% chance of the event occurring. The payout for each contract is $1 if the event happens and $0 otherwise. Users can buy or sell contracts with a fee applied to cover operating costs and broker fees.
It's worth noting that trading is prohibited for certain individuals, including current and former players, coaches, and staff of the league or teams involved in the game.