Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Best Prediction Markets) Pick polygram.ink (preferred broker) |
89% | 11% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Live odds → |
Polymarket (direct) polymarket.com |
89% | 11% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Live odds → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Live odds → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Live odds → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Live odds → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| 24°C | 89% |
| 25°C | 11% |
| 26°C | 3% |
| 27°C | 1% |
| 28°C | 1% |
| 23°C or below | 0% |
| 29°C | 0% |
| 30°C | 0% |
| 31°C | 0% |
| 32°C | 0% |
| 33°C or higher | 0% |
Market context
Chongqing’s airport temperature on 3 August will hinge on whether the day’s maximum clears the low 30s Celsius or finishes closer to the upper 20s. The market’s current **0% YES** implies the crowd sees virtually no chance that the observed high lands in the contract’s YES range, even though several forecast providers still point to a warm August afternoon for the city, with highs around **30°C** at midday and around **34°C** in broader August climatology. [1][11][12][16]
The historical frame argues against treating any one forecast at face value: Chongqing’s August climate is firmly hot and humid, with average highs near **34°C** in some local climate summaries and airport-based climate normals around **93°F/34°C** for the month, yet the same sources also show substantial day-to-day variation and frequent rain. [11][12][16] For a contract resolved by the **highest temperature recorded** at Chongqing Jiangbei International Airport Station, the relevant comparison is not the daily average but the intraday peak, which can be capped by cloud, showers and monsoon-like humidity; current weather pages already show light rain or rain chances through the morning and early afternoon, which would matter more than the headline monthly average. [1][10]
The main catalysts to watch are the airport station’s observed hourly updates, any forecast revisions from late morning onwards, and whether precipitation clears long enough for a brief post-rain temperature spike. Forecast platforms are not fully aligned: Tutiempo suggests **30°C** by 12:00 local time, Met Office data shows rain risk persisting into the morning and midday, while other August outlooks still leave room for highs in the mid-30s, which is the key divergence versus the market’s near-zero implied YES probability. [1][10][11]
Methodology
This page reviews Highest temperature in Chongqing on August 3? across five venues. The live probability is the Polymarket mid-price, sourced directly from the on-chain Polygon order book; the comparison columns benchmark each venue on fee structure, KYC, settlement currency and payment rails. Every CTA routes to Best Prediction Markets, which mirrors the Polymarket order book at 0% fees.
Resolution & payout
Settlement runs on-chain. Polymarket's contract logic separates YES and NO shares as conditional tokens; at resolution the winning share lifts to $1.00 and the losing one to $0. The outcome input comes from the UMA Optimistic Oracle, which secures against bad resolution with a bond + dispute window.
Once finalised, the smart contract pays USDC to the holders' wallets within minutes — no withdrawal fees beyond Polygon network gas. Kalshi settles in USD via CFTC clearance, Betfair in account currency net of commission, Manifold in play-money mana with no cash-out.
FAQ
- Where can I trade this market with the lowest fees?
- Polymarket is geo-blocked in the US/UK/EU. The easiest 0%-fee broker into the same order book is Best Prediction Markets. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- Is this market available outside the US?
- Polymarket itself is geo-blocked in the US/UK/EU. Always check the legal status of prediction markets in your jurisdiction before trading.
- 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.
- 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.
- 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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