Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Prediction Market UK) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | See live odds → |
Polymarket (direct) polymarket.com |
100% | 0% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | See live odds → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | See live odds → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | See live odds → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | See live odds → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| 29°C | 100% |
| 23°C or below | 0% |
| 24°C | 0% |
| 25°C | 0% |
| 26°C | 0% |
| 27°C | 0% |
| 28°C | 0% |
| 30°C | 0% |
| 31°C | 0% |
| 32°C | 0% |
| 33°C or higher | 0% |
Market context
The real-world event at the heart of this market is the peak air temperature recorded on 4 July 2026 at London City Airport, measured in degrees Celsius. In prediction markets, a YES share pays out if the temperature falls within the specified range (here, 28°C or above), while a NO share pays out if it stays below that threshold. The current crowd-implied probability of 0% for YES suggests traders believe it is virtually impossible for the temperature to reach 28°C on that day, despite July being London’s hottest month on average.
Historically, London has seen extreme heat, with the highest ever recorded temperature being 40.2°C at Heathrow and St James’s Park in July 2022, though London City Airport typically records slightly lower peaks due to its urban location and coastal influence [8]. Average July highs at this station are around 22°C (72°F), and recent forecasts for July 2026 show daily highs ranging from 21°C to 31°C, making 28°C a plausible but not guaranteed outcome [7]. The 0% probability may reflect thin trading volume and the market’s short window, which can distort sentiment [2].
Traders should monitor daily Met Office and BBC Weather updates for London City Airport, as sudden shifts in cloud cover, wind direction, or humidity can dramatically alter peak temperatures [1][5]. A key catalyst is the official release of the day’s maximum temperature by Wunderground, which serves as the resolution source; any delay or discrepancy in this data could impact settlement clarity [2]. While no specific weather announcement is imminent, traders must watch for real-time observations showing southerly winds and high humidity, which often precede heat spikes [1].
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 Prediction Market UK, 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 Prediction Market UK. 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.
- 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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