Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via PolyGram) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open the market → |
Polymarket (direct) polymarket.com |
100% | 0% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Open the market → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Open the market → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Open the market → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Open the market → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| 86-87°F | 100% |
| 79°F or below | 0% |
| 80-81°F | 0% |
| 82-83°F | 0% |
| 84-85°F | 0% |
| 88-89°F | 0% |
| 90-91°F | 0% |
| 92-93°F | 0% |
| 94-95°F | 0% |
| 96-97°F | 0% |
| 98°F or higher | 0% |
Market context
On 15 July 2026, the William P. Hobby Airport station in Houston will record its peak daily temperature in degrees Fahrenheit, a single data point that will settle a conditional token contract on Polymarket. Today, the market prices the “YES” outcome at 0%, reflecting a consensus that no specific temperature range currently meets the threshold for a positive bet, while the frontrunner outcome “84–85°F” carries a 43% implied probability and “82–83°F” sits at 24% [1]. These figures are expressed in USDC on the Polygon network, where traders hold and transfer shares of each temperature bracket as ERC-20 conditional tokens.
Historically, mid-July highs in Houston cluster between 82°F and 92°F, with 84–85°F a frequent outcome in recent years when cloud cover and marine influence moderate the heat. The current 43% weighting on that narrow band aligns with comparable summer patterns, suggesting the 0% “YES” price stems from the market’s binary framing rather than a belief that extreme cold is likely. In past July 15 readings, temperatures below 80°F are rare, while spikes above 95°F occur but are less common than the 82–86°F range.
Traders should monitor the National Weather Service’s daily forecast for Houston, particularly the 6 a.m. and 12 p.m. updates on 14–15 July, which detail expected cloud cover, dew points, and wind direction from the Gulf. A sudden shift toward low-level moisture or a marine push could compress the peak into the 82–85°F band, while a dry, high-pressure build would lift it toward 90°F+. The settlement relies on Wunderground’s recorded maximum for KHOU, so any data gap or station anomaly would be the only non-weather catalyst affecting resolution.
Sources: 1
Methodology
Methodologically we separate two layers: the live probability (Polymarket mid-price) and the platform attributes (fee, KYC, settlement currency, payment rails). That keeps the comparison honest — a single canonical probability across the row, with the venue-by-venue trade-offs spelt out in the columns next to it.
Resolution & payout
At resolution the UMA oracle takes over: a proposer posts the outcome with a bond, any token holder can dispute within two hours. Without dispute the result is accepted and the smart contract distributes USDC instantly.
On Kalshi (CFTC-regulated) resolution runs through their in-house clearing engine in USD. Betfair Exchange settles after match end in the account's local currency. Manifold pays no cash — only its in-platform "mana" currency.
FAQ
- What's the difference between YES and NO shares?
- A YES share pays $1.00 if the event happens, $0 otherwise. A NO share pays $1.00 if the event doesn't happen. The market price between 0¢ and 100¢ is the implied probability.
- What does Polymarket cost to trade?
- Polymarket itself charges 0% — the only cost is the Polygon network fee, typically under $0.01 per transaction. Off-chain venues like Kalshi or Betfair charge 2-7% commission.
- How fast are USDC deposits?
- Polygon credits deposits after 12 confirmations — usually under 30 seconds. Withdrawals follow the same path and land back in your wallet within minutes.
- Do I need to KYC for this market?
- On Polymarket directly, no — it's wallet-based. Intermediary brokers like PolyGram trigger KYC only above $1,500 of lifetime trading volume; under that you trade pseudonymously with a single wallet address.
- How reliable are the quoted odds?
- The YES/NO percentages are the live mid-prices of the Polymarket order book. On deep markets they move every few seconds; on thinner ones you'll see short plateaus.
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