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Highest temperature in Shanghai on August 1?

"Highest temperature in Shanghai on August 1?" across the four most-traded political prediction venues — live data, regulatory notes, every CTA to Election Predictions UK.

37°C 100% 31°C or below 0% 32°C 0% 33°C 0% Volume: $111K Liquidity: $200K Closes: 1 Aug 2026
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Highest temperature in Shanghai on August 1?

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
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.

OutcomeProbability
37°C100%
31°C or below0%
32°C0%
33°C0%
34°C0%
35°C0%
36°C0%
38°C0%
39°C0%
40°C0%
41°C or higher0%

Market context

Shanghai is in its hottest part of the year, and August normals for the city sit around 31–32°C for daytime highs, with the month often producing several days in the mid-30s or above. Climatology sources also show that Shanghai’s August record heat can be much higher, with historical extremes around 40–41°C, so a single hot afternoon is enough to push a range settlement higher than the monthly average would suggest.[4][5][8]

That said, the current 0% YES pricing looks like a strong scepticism signal rather than a view on the weather itself. For comparison, forecasts and climatology for early August typically centre on highs in the low 30s°C, and even modest forecast errors can matter because the market settles on the *highest* temperature recorded at Shanghai Pudong International Airport Station before the window closes.[8][12][15] Recent weather-history pages and monthly outlooks still point to a hot, humid pattern rather than an unusually cool one, which means the market is leaning on whether a proper heat spike develops, not on average conditions.[12][15]

For traders, the key catalyst is the day’s live forecast-versus-observed temperature path at Pudong, especially whether afternoon heating and any typhoon-related cloud cover cap the daily maximum. In practical terms, the market will move on updated airport forecasts, any late-morning or early-afternoon shifts in cloud, rain or wind, and the realised Wunderground high as it posts through the day; for broader context, Shanghai’s official news and travel-weather pages have been emphasising severe summer heat and typhoon-season volatility this year.[3][8][16]

Sources: 1 · 2 · 3 · 4 · 5

Methodology

This page tracks Highest temperature in Shanghai on August 1? across four political prediction venues. Live odds come from the Polymarket order book (the deepest political prediction-market book). Kalshi is the CFTC-regulated US alternative, Betfair the established UK sports-exchange with politics markets, Manifold the open play-money variant. For users geo-blocked from Polymarket directly, brokers like Election Predictions UK provide a 0%-fee route into the same order book.

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

How accurate are political prediction markets?
Historically more accurate than polls. Polymarket's Brier score on US 2024 elections was ~0.11 — better than 538 (~0.14) and every mainstream poll. Markets aggregate information with real skin in the game.
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.
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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