Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Kalshi Fees) Pick polygram.ink (preferred broker) |
97% | 3% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Place a position → |
Polymarket (direct) polymarket.com |
97% | 3% | 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 |
|---|---|
| 92-93°F | 97% |
| 94-95°F | 3% |
| 87°F or below | 0% |
| 88-89°F | 0% |
| 90-91°F | 0% |
| 96-97°F | 0% |
| 98-99°F | 0% |
| 100-101°F | 0% |
| 102-103°F | 0% |
| 104-105°F | 0% |
| 106°F or higher | 0% |
Market context
The market tracks the peak Fahrenheit reading at LaGuardia Airport on 14 July 2026, a specific meteorological event that determines settlement. With the crowd-implied probability for a YES outcome sitting at 0%, the algorithmic consensus currently suggests the temperature will fall outside the defined winning range, likely indicating a forecast for significantly cooler conditions or a range mismatch in the underlying model.
Historical July data for LaGuardia typically sees peaks between 85°F and 95°F, though the July 2026 heatwave shattered long-standing records across the East Coast, with NYC, DC, and Atlantic City breaking temperatures that had stood for up to 154 years[4]. A programmatically minded trader would note that while the frontrunner on Polymarket is 96–97°F at 54%, the 0% YES probability here implies a distinct divergence in range definition or a specific threshold that the current heatwave data does not satisfy[2].
Traders should monitor real-time feeds from the National Weather Service for KLGA and Wunderground’s daily history, as these are the definitive resolution sources[1][3]. The primary catalyst is the official daily high release, which usually occurs shortly after midnight UTC, but the recent record-breaking corridor suggests volatility in expected ranges[4]. A script would query the Wunderground API at settlement to verify the exact degree, comparing it against the 96–97°F frontrunner to identify if the 0% probability reflects a data lag or a genuine expectation of a sub-94°F peak.
Methodology
We track Highest temperature in NYC on July 14? 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.
- 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.
- 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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