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 |
|---|---|
| 28°C | 100% |
| 21°C or below | 0% |
| 22°C | 0% |
| 23°C | 0% |
| 24°C | 0% |
| 25°C | 0% |
| 26°C | 0% |
| 27°C | 0% |
| 29°C | 0% |
| 30°C | 0% |
| 31°C or higher | 0% |
Market context
Seoul faces its peak summer heat on 15 July 2026, with the market tracking the highest temperature recorded at Incheon International Airport. The current 0% YES probability suggests the crowd expects the temperature to fall outside the specific range offered, likely due to an unusually cool forecast or a mismatched bracket. Programmatic traders would scrape Wunderground’s historical daily data for RKSI to back-test the range against the last decade’s mid-July peaks, automating entry only when the model’s confidence exceeds the implied odds.
Historically, Seoul’s mid-July highs at Incheon typically range between 28°C and 34°C, with 2023 and 2024 both exceeding 32°C during similar heatwaves. The 0% probability is anomalous unless the current range is set below 25°C or above 36°C, both extreme outliers for this station. Traders should compare the live forecast from the Korea Meteorological Administration against these baselines; if the forecast sits near 30°C, the zero probability may represent a mispricing exploitable by conditional orders triggered on forecast updates.
Key catalysts include the 24-hour forecast revision from the KMA, scheduled daily at 03:00 UTC, and any sudden shifts in the East Asian monsoon pattern. A recent report from Yonhap News noted that 2026’s summer is projected to be hotter than average due to a persistent high-pressure system over the Korean Peninsula, which could push temperatures toward 33°C or higher [1]. Automated bots should monitor these updates and adjust positions if the forecast breaches the market’s implied threshold, treating the 0% as a signal to verify the range’s validity rather than a definitive no-trade.
Methodology
We track Highest temperature in Seoul on July 15? 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
- 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.
- 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.
- 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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