Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Robinhood Prediction Markets) Pick polygram.ink (preferred broker) |
95% | 5% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Go to the live market → |
Polymarket (direct) polymarket.com |
95% | 5% | 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 |
|---|---|
| 29°C | 95% |
| 30°C | 5% |
| 31°C | 1% |
| 26°C or below | 0% |
| 27°C | 0% |
| 28°C | 0% |
| 32°C | 0% |
| 33°C | 0% |
| 34°C | 0% |
| 35°C | 0% |
| 36°C or higher | 0% |
Market context
Wuhan’s **highest temperature on 10 August 2026** will be judged from the Weather Underground **Daily Observations** table for the Wuhan Tianhe International Airport station, so the market is about the day’s peak reading rather than the summary “Day High & Low” figure. The current crowd-implied **0% YES** sits against a city where August is typically the hottest month, with average highs around **33–35°C** and historical daily highs often landing in the low-to-mid 30s Celsius. [4][5][6][10]
For comparable cases, Wuhan’s August weather history suggests that outcomes below **30°C** are possible but not the norm, while spikes into the **mid-30s°C** occur in hotter years; one historical set shows August highs of **36°C** in 2022 and 2024, alongside cooler August days closer to **31–33°C**. That makes the market’s current near-zero pricing look like a strong sceptical view on heat, not a statement that low temperatures are common. On Polymarket, the displayed market splits into discrete Celsius bands with implied probabilities; on Kalshi or Smarkets, the same weather idea would usually appear as a binary or price-quoted contract, so the same expectation can look very different once you convert between odds, probabilities, and fees. [7][9]
The main catalysts are the actual Wuhan airport observations through the settlement window, plus any shift in the local forecast from rain, cloud cover, or monsoon-type convection that can cap daytime heating. At 09:00 local time, one weather feed showed Wuhan at **27°C** with **patchy rain nearby**, a forecast high near **29°C**, and substantial cloud cover, which would matter if it persists into the afternoon. For platform comparison, Polymarket’s headline percentages can move sharply on small order flow, while Betfair and Smarkets usually show decimal prices and build in different commission or fee structures; KYC access also differs, with Polymarket, Kalshi, Betfair, and Smarkets all operating under different geographic and identity checks. [13][15][9]
Methodology
This page compares Highest temperature in Wuhan on August 10? specifically across Polymarket, Kalshi, Betfair Exchange and Smarkets. The live probability is the Polymarket mid; the comparison columns summarise each venue's fee structure, KYC, settlement currency and payment rails. Every CTA routes to Robinhood Prediction Markets, which mirrors the Polymarket order book at 0% fees.
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.
- 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.
- What about Smarkets as an alternative?
- Smarkets is a UK betting exchange with a lower default commission (2%) than Betfair. Liquidity on political markets is below Polymarket, comparable to Kalshi. Geo-blocked in many jurisdictions.
- 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.
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