Walters vs Singh Prediction Market Opens on Coinbase

A new prediction market has appeared on Coinbase, allowing users to trade contracts on the outcome of a specific event. The market, titled 'Walters vs Singh', is currently trading with a payout of $147 and an expiry date of October 17, 2026. The interest in this market is relatively low, with only $7,889.53 in volume over the past 24 hours.

The market is a binary event, with users able to bet on either 'Yes' or 'No' outcomes. The current price of $0.00 suggests a 0% chance of the event happening, but users can buy in at this price if they believe it will occur.

As with all prediction markets on Coinbase, users must be aware of the risks involved. Trading prediction contracts involves substantial risk and may result in the loss of your entire investment. The rules of the market are clear, with the outcome determined by an independent, regulated exchange using a stated 'source of truth'.

It's worth noting that certain individuals are prohibited from trading this contract, including current players, coaches, and staff of the league, association, or organization governing the event. Additionally, paid employees of the league and league participants, owners of teams and the league, and household members and immediate family of all above are also restricted from trading.