Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Kalshi Fees) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Place a position → |
Polymarket (direct) polymarket.com |
100% | 0% | 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 |
|---|---|
| 21°C | 100% |
| 19°C or below | 0% |
| 20°C | 0% |
| 22°C | 0% |
| 23°C | 0% |
| 24°C | 0% |
| 25°C | 0% |
| 26°C | 0% |
| 27°C | 0% |
| 28°C | 0% |
| 29°C or higher | 0% |
Market context
The market tracks the peak temperature recorded at London City Airport on 19 July 2026, with settlement tied to Wunderground’s daily history for station EGLC. Current crowd-implied probability sits at 0% for any outcome, reflecting a lack of active pricing rather than a definitive forecast of cold conditions. This zero-liquidity signal often precedes a sharp repricing once early data points or model runs enter the market, particularly for weather events where historical baselines are well-established.
Historically, mid-July in London frequently sees highs between 22°C and 28°C, with the UK’s all-time record of 40.2°C set at Heathrow in 2022 during an extreme heatwave [3]. London City Airport, situated closer to the Thames and more urbanised than Heathrow, typically records slightly lower peaks but remains vulnerable to southerly heat advection. The current 0% probability is anomalous given these baselines; programmatically, traders would backtest EGLC’s July 19 history over the past decade to identify the most likely range, then deploy conditional orders once the market opens above a liquidity threshold.
Key catalysts include the Met Office’s 10-day forecast updates and real-time model outputs from ECMWF and GFS, which traders monitor for southerly flow anomalies. A recent BBC Weather snapshot for London City Airport shows current conditions at 13°C with southerly winds, though this reflects today’s 20 July data rather than the 19 July event window [1]. Traders should watch for any sudden shifts in the 500mb pressure maps or jet stream positioning, as these dictate whether a heat dome develops over the UK in the coming days. No official announcements are scheduled, but the Met Office’s daily 09:00 GMT forecast release remains the primary dependency for price discovery.
Methodology
This page is a comparison snapshot: one live quote, four reference venues with their key attributes, and a single execution path — every trade button routes to Kalshi Fees, which mirrors the Polymarket order book directly.
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.
- What does Polymarket cost to trade?
- Polymarket itself charges 0% — the only cost is the Polygon network fee, typically under $0.01 per transaction. Off-chain venues like Kalshi or Betfair charge 2-7% commission.
- 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.
Trade Highest temperature in London on July 19? on Kalshi Fees
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