Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Robinhood Prediction Markets) Pick polygram.ink (preferred broker) |
99% | 1% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Go to the live market → |
Polymarket (direct) polymarket.com |
99% | 1% | 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 |
|---|---|
| 10°C | 99% |
| 11°C | 1% |
| 4°C or below | 0% |
| 5°C | 0% |
| 6°C | 0% |
| 7°C | 0% |
| 8°C | 0% |
| 9°C | 0% |
| 12°C | 0% |
| 13°C | 0% |
| 14°C or higher | 0% |
Market context
Wellington International Airport's highest daily temperature on 17 August 2026 will be recorded and compared against predefined Celsius ranges. The market resolves using Weather Underground's Daily Observations table rather than their summary figures, a distinction that matters when automated systems and manual readings diverge. Settlement occurs at 12:00 UTC on the day itself, giving traders a narrow window to adjust positions once preliminary data arrives.
August sits within Wellington's winter season, when daily highs typically range between 10–14°C depending on synoptic patterns. Historical data from the past decade shows temperatures occasionally reaching 16–17°C on mild winter days, though sub-10°C maxima occur roughly 15% of the time when cold fronts dominate. The 0% crowd probability suggests traders are pricing in either an exceptionally cold system or uncertainty about whether any single range will capture the actual reading. Kalshi and Polymarket both list this market, though their fee structures differ materially: Kalshi charges 2% on net winnings whilst Polymarket takes 2% on both sides of the transaction, affecting break-even thresholds for frequent traders.
New Zealand's MetService issues extended outlooks 10–14 days ahead; the 17 August forecast will solidify around 10 August, potentially triggering repricing if models shift toward an unusual warm or cold spell. Traders should monitor Southern Hemisphere pressure systems tracking toward New Zealand in early August, as these drive Wellington's winter variability. Wunderground's historical data quality for this station is reliable, though occasional sensor maintenance can create gaps—checking their station status page before settlement is prudent.
Methodology
We read Highest temperature in Wellington 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
- 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.
- 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.
- 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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