Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Robinhood Prediction Markets) Pick polygram.ink (preferred broker) |
88% | 12% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Go to the live market → |
Polymarket (direct) polymarket.com |
88% | 12% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Go to the live market → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Go to the live market → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Go to the live market → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Go to the live market → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| 27°C | 88% |
| 28°C | 7% |
| 29°C | 6% |
| 30°C | 1% |
| 23°C or below | 0% |
| 24°C | 0% |
| 25°C | 0% |
| 26°C | 0% |
| 31°C | 0% |
| 32°C | 0% |
| 33°C or higher | 0% |
Market context
Chengdu’s heat on 17 August hinges on the airport station’s daily maximum, not the headline high/low summary, so a few tenths of a degree can matter for settlement. August is normally Chengdu’s hottest and muggiest period, with typical daytime highs around 30–35°C, and occasional peaks above 35°C, so the market sits in a range where a small change in the actual reading can move it across brackets quickly.
That historical backdrop explains why a zero-priced YES can still be read as “not yet repriced” rather than “impossible”. Chengdu’s August climate is often described as humid, rainy and capped by cloud cover, which can trim midday extremes even when the broader month is very warm. For comparable weather markets, Kalshi and Polymarket usually present the same event as a straight implied probability, while Betfair and Smarkets show decimal odds that incorporate the exchange margin or commission differently, so identical views can look different across books. KYC access also varies: some venues are broadly available in more jurisdictions, while others restrict US users or require stronger identity checks before trading.
The key catalysts are the day’s synoptic setup, afternoon convection, and any shift in cloud, rain or wind that changes how far the station can heat up before the settlement window closes at 12:00 UTC. Traders should watch the hourly forecast for Chengdu Shuangliu, plus any late update to rain timing, because a brief burst of showers or persistent cloud can keep the maximum trapped below the usual August band. The market’s settlement source being the Daily Observations table means the final print matters more than the daytime feel or a summary headline.
Methodology
We read Highest temperature in Chengdu on August 17? from four platform perspectives: Polymarket (on-chain CLOB), Kalshi (CFTC-regulated exchange), Betfair Exchange (sports book exchange), Smarkets (peer-to-peer betting exchange). Polymarket's live mid is the canonical probability; the side-by-side columns benchmark fees, KYC, settlement currency and deposit rails so you can choose the venue that fits your jurisdiction and trade size.
Resolution & payout
Polymarket settles via UMA Optimistic Oracle on Polygon. A proposer posts the outcome with a bond, the two-hour window runs, then the smart contract pays USDC.
Kalshi settles USD through the CFTC-regulated clearinghouse — the cleanest variant, with heavier KYC. Betfair Exchange settles in account currency (GBP/EUR), net of 2-5% commission. Smarkets follows the same model as Betfair with a lower default 2% commission.
FAQ
- What does Polymarket cost vs Kalshi?
- Polymarket: 0% fees, only Polygon network costs (~$0.01/trade). Kalshi: up to 7% per trade plus spread. For high-frequency traders, Polymarket is dramatically cheaper.
- Which platform has the deepest liquidity?
- Polymarket — by a wide margin. Top markets reach $50-500M volume, Kalshi ~$200M cumulative, Betfair similar. Deeper liquidity means your trade moves the quote less.
- Is Betfair a Polymarket alternative?
- Only partially. Betfair Exchange is UK-focused with a sports-betting emphasis; they have politics markets but with thinner liquidity than Polymarket. Settlement in GBP/EUR, 2-5% commission on winnings.
- Which platform is accessible globally?
- Polymarket is geo-blocked in the US/UK/EU. Kalshi is US-only. Betfair and Smarkets are UK-restricted. Robinhood Prediction Markets has a different geo footprint and routes to Polymarket's order book at 0% fees.
- Which platform supports Klarna/SOFORT?
- Directly: none. Polymarket accepts only USDC on Polygon. Robinhood Prediction Markets offers a fiat on-ramp via Klarna or SOFORT (DE/AT/CH) and converts internally to USDC for the Polymarket order book. T+1 processing.
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