Just to be clear, OG isn’t a sportsbook to begin with. Rather, it offers various prediction markets to sports fans for their favorite sports. In fact, that’s why OG sports trading only has event contracts with Yes or No outcomes.
OG provides sports markets in 41 states. They cover many popular sports, including tennis, soccer, baseball, and basketball. They also offer trending and live site areas to visit, helping you keep up with the latest updates. You can find out more about their sports prediction markets, how they work, and what the result might look like below.
An Overview of OG Sports Trading
OG operates through Crypto.com Derivatives North America. CDNA is a Designated Contracts Market registered with the Commodity Futures Trading Commission (CFTC). Thus, it can provide prediction markets - including those involving sports - where you can attempt to predict the outcome of events happening in the real world.
How Do OG Prediction Markets Work?
While you can find
OG parlays
on the site (and in the app), OG provides you with two basic scenarios for each prediction:
- Yes - this option means you think the given event WILL occur.
- No - this option means you think the given event WILL NOT happen.
You can choose Yes or No, then purchase event contracts for your chosen option. Each event contract is priced at the current percentage shown for that option. This means that if 42% of people back the Yes option, the current price per event contract is 42 cents. If far fewer people think it will happen, you may see the Yes option at 5% or five cents, to give another example.
Prices will vary between event contracts, depending on what people believe could happen. They can also vary over time. For example, if one team is doing well, more people could believe they will go on to win an event. However, if their performance drops, the mood might change, and fewer people will back the Yes option.
What Happens When the Outcome Is Known?
When a prediction market concludes, or resolves, and the Yes or No outcome is determined, you will see whether you were correct or not. If you picked the right option, you will receive $1 for each event contract you have for that option. If you did not pick the right option, you won’t receive anything for your event contracts. They will expire, and you will lose the same amount you had purchased them.
Trading prediction markets involves risk, and you may lose your capital. Past performance or hypothetical scenarios do not guarantee future results.
Q&A for OG Sports Trading
As you can see, trading in event contracts for various sporting prediction markets with OG might be different to what you had expected. To that end, we have some answers to a few key questions for you here too. These should help you better understand the process.
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OG sports predictions on the go
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Quick easy sign up with OG
Can You Access OG from Every State?
No - we found
sports prediction markets
currently live in 41 US states. We have put together the following table to show the current limitations in certain states.
If you do not see your state mentioned in the above table, it means you can take part in prediction markets of any kind at OG, whether they involve sports or another area, such as economics, politics, or entertainment, for example.
Which Sports Does OG Cover with Its Prediction Markets?
You will find a selection of popular sports at OG, such as soccer, cricket, tennis, and golf. We noted 10 top sports available at OG at present. We did not find any less popular options to choose from, such as martial arts, for example. However, we did find all the most popular options available there.
Do You Need to Prove You Are in an Eligible State to Take Part?
Yes, you’ll need to provide the last digits of your SSN, along with your date of birth and other details if you want to create an account there. OG might also require you to provide a selfie along with evidence of your state driver’s license or other state-issued photo ID. This is compliant with the regulations applicable to the CFTC that OG must follow.
Pros and Cons of OG Sports Markets
OG supplies up-to-date data, charts, and other features to underpin its website and app-based prediction markets service. If you find one of your preferred sports there, you may like to consider the balance of pros and cons before you do anything else.
Pros and Cons
- All popular sports covered
- Some college sports
- Easy to understand
- Some states do not have sports prediction markets
Plenty of OG Sports Event Contracts to Consider
OG provides a different way to appreciate sporting action. We’ve linked to the site from here, so you can see what’s involved. Go to OG.com for more information. If your state allows access to the sporting prediction markets, you’ve got lots to explore, with top sports and matches covered, giving you a chance to predict what could happen in a match, event, or tournament. As OG tries to make its waves in the prediction markets scene, you can expect them to come up with more sports coverage and other offerings to make the experience even more enticing in the long run.
You can join the action if you’re aged 18 or over and in an eligible state. Trading prediction markets involves risk, and you may lose your capital. Past performance or hypothetical scenarios do not guarantee future results.
OG Sports Trading FAQs
🇺🇸 Is OG Available Across the United States?
You cannot access OG in New York or in Arizona. Meanwhile, sports trading at OG is available in 41 states, excluding Nevada, Ohio, New Jersey, Massachusetts, Michigan, Maryland, and Illinois.
⚽ Which Sports Prediction Markets Does OG Cover?
You can make predictions on real-world sporting events in golf, soccer, basketball, football, and tennis, among others.
🏫 Does OG Cover College Sports Prediction Markets Alongside Professional Ones?
Currently, the only college sports included in the OG sports markets are college baseball.
This content is sponsored by OG / Crypto.com: Securely Buy, Sell and Trade Bitcoin, Ethereum and 400+ Crypto and should not be considered as investment advice. Trading on prediction markets carries risks, including market volatility and the possibility of losing your stake. Before participating, carefully consider your risk tolerance and the potential outcomes. Foris DAX Inc. and Foris Inc. (d/b/a Crypto.com) offer connectivity to Crypto.com | Derivatives North America (CDNA), which is regulated by the Commodity Futures Trading Commission, for the purpose of trading derivatives on and subject to the rules of CDNA. Currently available for U.S. users only, who must first become a Member of CDNA prior to trading event contracts on CDNA. Trading on CDNA involves risk and may not be appropriate for all. Customers risk losing their cost to enter any transaction, including fees. You should carefully consider whether trading on CDNA is appropriate for you in light of your investment experience and financial resources. Any trading decisions you make are solely your responsibility and at your own risk. Past performance is not necessarily indicative of future results. None of the material on Crypto.com or CDNA is to be construed as a solicitation, recommendation or offer to buy or sell any financial instrument on CDNA or elsewhere. CDNA is subject to U.S. regulatory oversight by the CFTC. Participating in Level Up does not guarantee access to all services or benefits. Services and potential benefits remain subject to local jurisdictional requirements, availability, and terms and conditions, among other things. See https://crypto.com/us/levelup for details. Services, features and other benefits referenced may be subject to eligibility requirements, token holdings, and may change at the discretion of Crypto.com. Depositing funds or taking part in prediction markets does not constitute an endorsement of trading activity. Promotional rewards or bonuses are not guaranteed. Certain features, rewards and benefits are available only in eligible markets and may vary by region.
