Toronto FC Prediction Market Launches on Coinbase
Coinbase has launched a new prediction market for sports fans to bet on the outcome of Toronto FC vs Nashville SC.
The market allows users to buy contracts on whether Toronto FC will score first, with the payout being $1 if they do and $0 if they don't.
The market is currently priced at $0.65, indicating a 65% chance that Toronto FC will score first.
Users can trade regulated 'Yes/No' contracts on outcomes in various categories, including sports, economics, politics, entertainment, and technology.