Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Election Predictions UK) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Trade this market → |
Polymarket (direct) polymarket.com |
100% | 0% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Trade this market → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Trade this market → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Trade this market → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Trade this market → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| 36°C | 100% |
| 29°C or below | 0% |
| 30°C | 0% |
| 31°C | 0% |
| 32°C | 0% |
| 33°C | 0% |
| 34°C | 0% |
| 35°C | 0% |
| 37°C | 0% |
| 38°C | 0% |
| 39°C or higher | 0% |
Market context
Beijing’s August heat is usually set by a mix of summer humidity, strong daytime heating and intermittent thundery showers, and the first day of the month is no exception: several forecasts cluster the city around the low- to mid-30s Celsius, with one source showing Beijing at 32°C and thunderstorms, while others place early-August highs nearer 33–37°C.[2][3][5] For this market, the key figure is the **highest temperature at Beijing Capital International Airport Station** on 3 August, so the settlement will depend on whether the day delivers a brief warm spell or gets capped by cloud and rain at the airport rather than across the wider city.
That framing matters because early August in Beijing often sits close to the seasonal peak, but the realised maximum can move by a few degrees when convective showers arrive before the afternoon high. Historical-style August guidance points to average highs around 30–31°C, with wetter conditions common through the month, which is why a 0% yes price looks anchored more to forecast uncertainty than to a colder-than-normal pattern.[1][9][15] Comparable summer days in Beijing regularly land in the upper 20s to low 30s Celsius, so the market is effectively asking whether the airport records a notably hot outlier rather than a routine summer top.[14][16]
The immediate catalyst to watch is the short-range weather evolution at the airport: timing of showers, cloud breaks and wind shifts will matter more than broad monthly averages. Recent forecasts already lean on a humid, thunderstorm-prone setup for Beijing, with official-style city forecasts and commercial models both indicating that rain or storms could suppress the peak temperature if they arrive early enough.[2][5][7] For traders, the most relevant signals are the morning and midday updates on local heat, cloud cover and precipitation around Beijing Capital International Airport, because a late clearing can still lift the day’s maximum into the mid-30s Celsius, while earlier rainfall would keep it lower.
Methodology
Political prediction markets differ structurally from sports betting: thinner liquidity, longer settlement windows, higher sensitivity to single news events. This page shows the live Polymarket quote for Highest temperature in Beijing on August 3? plus platform attributes for the three reference venues, so you can see at a glance where the deepest market for this question sits.
Resolution & payout
For political markets the resolution source is decisive. Polymarket defines a concrete source per contract (e.g. AP, Reuters, official electoral commission) and uses the UMA Optimistic Oracle as the on-chain dispute mechanism. With a clearly defined outcome the USDC payout lands within minutes of the final confirmation.
FAQ
- Can prediction markets influence election outcomes?
- Markets reflect expectations rather than create them. Studies show public-facing markets can anchor expectations, but don't influence the underlying outcome. Political markets are information, not advocacy.
- How fast do political markets react to news?
- High-liquidity markets move within seconds to minutes. A Trump tweet on the economy can shift the "Trump 2024" market 2-5 points before mainstream media has written anything.
- Are political prediction markets legal in my country?
- It varies. They sit in legal gray areas in most jurisdictions. Polymarket is geo-blocked from US/UK/EU; some broker frontends have a different geo footprint. Trade only with capital you can afford to lose, and only if you understand the legal status in your jurisdiction.
- Why do Polymarket and Kalshi differ on elections?
- Kalshi must follow CFTC compliance — strict definitions, clear resolution sources, US citizens only with KYC. Polymarket operates globally without CFTC oversight — deeper liquidity, but also higher regulatory risk.
- Which political events have the biggest volume?
- US Presidential election, party nominations (DNC/RNC), Senate majorities, individual state outcomes (Pennsylvania, Michigan, Wisconsin), and major European elections. Peak markets reach $50-500M per event.
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