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 |
|---|---|
| 84-85°F | 100% |
| 71°F or below | 0% |
| 72-73°F | 0% |
| 74-75°F | 0% |
| 76-77°F | 0% |
| 78-79°F | 0% |
| 80-81°F | 0% |
| 82-83°F | 0% |
| 86-87°F | 0% |
| 88-89°F | 0% |
| 90°F or higher | 0% |
Market context
The key variable is the highest temperature observed at LaGuardia Airport, not the citywide feel or Central Park reading, so the practical task is to map a late-summer hourly forecast to the exact Wunderground outcome bands. The market’s 0% crowd-implied YES is unusual for a weather event, but it is not a signal of impossibility; it more likely reflects thin participation, a stale book, or uncertainty over how traders are anchoring to the resolution source rather than the broader NYC weather narrative.[3][6]
For context, New York City’s August average high is around 83°F, and recent market pricing and forecast pages cluster around the low-to-mid 80s rather than extreme heat.[18][2][11] That places the likely resolution in the central bands unless a short-lived afternoon surge pushes the airport reading into the mid-80s. A programmatic approach would normally ingest the latest hourly forecast for KNYC/KLGA, translate model highs into the market’s discrete buckets, and update position sizing as the implied distribution shifts against the settlement window.[3][6]
The main catalysts are the afternoon temperature peak, cloud cover, sea-breeze timing, and any last-minute forecast adjustment from the National Weather Service or private forecasters, because small changes near the day’s maximum can move the result between adjacent brackets.[17][1] Recent coverage of the July heat wave showed that New York can overshoot broad expectations quickly when a heat dome builds, with city temperatures reaching 100°F and heavier urban areas running hotter than shaded reference sites.[8][9] For a trader using bots or conditional orders, the useful trigger is not headline heat alone, but whether intraday updates point LaGuardia towards 82–83°F, 84–85°F, or a rare push higher.[6][3]
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
- Where can I trade this market with the lowest fees?
- Polymarket is geo-blocked in the US/UK/EU. The easiest 0%-fee broker into the same order book is Kalshi Fees. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- 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.
- 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 reliable are the quoted odds?
- The YES/NO percentages are the live mid-prices of the Polymarket order book. On deep markets they move every few seconds; on thinner ones you'll see short plateaus.
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