Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Robinhood Prediction Markets) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Go to the live market → |
Polymarket (direct) polymarket.com |
100% | 0% | 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 |
|---|---|
| 34°C | 100% |
| 26°C or below | 0% |
| 27°C | 0% |
| 28°C | 0% |
| 29°C | 0% |
| 30°C | 0% |
| 31°C | 0% |
| 32°C | 0% |
| 33°C | 0% |
| 35°C | 0% |
| 36°C or higher | 0% |
Market context
Kuala Lumpur’s maximum on 10 August is a straightforward daytime heat call, but the contract settles on the *highest* figure in Weather Underground’s Daily Observations table for Kuala Lumpur Intl Airport, not the headline “Day High & Low” summary. That matters because short-lived afternoon spikes can decide the range even if the summary panel rounds differently or reflects a different aggregation window; Polymarket’s current 0% YES price therefore implies the crowd sees no meaningful chance of a jump into any higher bracket. Weather Underground’s own history page shows a typical August high near 91°F/33°C for Kuala Lumpur, while Malaysia’s meteorological service has been forecasting 33°C for the district today, which aligns with the market’s cluster around 33°C and 34°C rather than a materially cooler outcome.[4][12][15]
Historically, Kuala Lumpur in August is hot and humid, with many published climate datasets putting average highs around 30–32°C and occasional peaks in the mid-30s, while records can run far higher in rare extremes.[1][10][11] That framing is useful for comparing platforms: Polymarket quotes an implied probability by temperature band, whereas Kalshi and Betfair-style books typically present decimal prices/odds, so the same 33°C view may look numerically different even when the market expectation is similar. Fees and access also diverge: Polymarket is crypto-native, while regulated exchanges and brokers such as Smarkets and Betfair usually require stronger KYC and may apply commission on winnings, which can make late trading in a low-volatility weather market less forgiving than the headline price suggests.
For catalysts, the main driver is the intraday temperature path at Kuala Lumpur Intl Airport: sunshine, cloud cover, and any isolated thunderstorms can cap the maximum below the forecast, while clear late-morning to mid-afternoon heating can push the observation into the upper 30s bracket. MET Malaysia’s district forecast currently points to no rain and a 33°C maximum, and timeanddate’s 14-day outlook has also shown warm, storm-prone conditions, so traders should watch for any updated advisories, convection timing, or airport-station observations close to the settlement window.[12][20] On a platform-comparison basis, that sort of last-mile weather risk tends to matter more on exchange-style books with tighter spreads and commissions than on simple fixed-price prediction markets, because the final few degrees can move the executable odds quickly.
Methodology
We read Highest temperature in Kuala Lumpur on August 10? 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
- Polymarket vs Kalshi — which is better?
- Depends on your location. Kalshi is CFTC-regulated, US-only with full KYC. Polymarket is global, on-chain, no KYC up to $1,500. Polymarket has ~10x higher liquidity but higher regulatory risk.
- 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.
- Are all these platforms regulated?
- No. Kalshi is CFTC-regulated (US). Betfair and Smarkets are UK Gambling Commission licensed. Polymarket operates without explicit regulation — a different risk profile than a regulated sportsbook.
- 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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