Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Kalshi Fees) Pick polygram.ink (preferred broker) |
46% | 54% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Place a position → |
Polymarket (direct) polymarket.com |
46% | 54% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Place a position → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Place a position → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Place a position → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Place a position → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| 26°C | 46% |
| 25°C | 32% |
| 24°C or below | 12% |
| 27°C | 12% |
| 28°C | 2% |
| 29°C | 1% |
| 30°C | 0% |
| 31°C | 0% |
| 32°C | 0% |
| 33°C | 0% |
| 34°C or higher | 0% |
Market context
On 13 July 2026, the highest temperature recorded at London City Airport will determine the outcome of a weather prediction market, with the current crowd-implied probability of a specific high-temperature threshold sitting at just 6% YES. This low probability reflects the narrow window for extreme heat on this date, given that July is London’s hottest month with an average high of 22°C (72°F) [1]. Historical data shows London’s record high is 40.2°C, observed on 19 July 2022, but typical mid-July highs at EGLC cluster around 26–28°C, with the market’s frontrunner outcome currently set at 27°C at 52% probability [2][5].
Traders evaluating this market programmatically should monitor real-time Wunderground feeds for EGLC, as settlement depends exclusively on the highest temperature published there for 13 July [2]. The Met Office forecast for today indicates a maximum of 24°C, while BBC Weather and The Weather Network both project a high near 27°C, suggesting the 6% YES threshold likely targets an outlier above 30°C [4][6][7]. No major weather announcements are scheduled, but the key dependency is the 12:00 UTC settlement cutoff and the first data point publication on Wunderground, which must occur before resolution [2].
Methodology
We track Highest temperature in London on July 13? across the five venues with material prediction-market liquidity. The probability shown is the live Polymarket mid; the comparison rows summarise how each venue treats the underlying contract — fees, KYC thresholds, settlement currency, deposit options. The highlighted row marks the cheapest route into Polymarket's order book.
Resolution & payout
Polymarket-based markets settle through the UMA Optimistic Oracle on Polygon. A proposer submits the outcome, a two-hour challenge window opens, and unchallenged proposals finalise the resolution. Payouts settle automatically in USDC the moment the result is final — no bookmaker, no delay.
Kalshi-based markets settle in USD via the CFTC-regulated clearinghouse. Betfair Exchange settles in GBP/EUR net of commission. Manifold is play-money and does not pay out real funds.
FAQ
- Is this market available outside the US?
- Polymarket itself is geo-blocked in the US/UK/EU. Always check the legal status of prediction markets in your jurisdiction before trading.
- How does resolution work?
- Through the UMA Optimistic Oracle on Polygon: a proposer submits the outcome, a two-hour challenge window opens, and USDC payouts settle automatically once the result is final.
- What's the difference between YES and NO shares?
- A YES share pays $1.00 if the event happens, $0 otherwise. A NO share pays $1.00 if the event doesn't happen. The market price between 0¢ and 100¢ is the implied probability.
- How fast are USDC deposits?
- Polygon credits deposits after 12 confirmations — usually under 30 seconds. Withdrawals follow the same path and land back in your wallet within minutes.
- Do I need to KYC for this market?
- On Polymarket directly, no — it's wallet-based. Intermediary brokers like Kalshi Fees trigger KYC only above $1,500 of lifetime trading volume; under that you trade pseudonymously with a single wallet address.
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