Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Legal UK) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Trade this market → |
Polymarket (direct) polymarket.com |
100% | 0% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Trade this market → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Trade this market → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Trade this market → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Trade this market → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| 80-81°F | 100% |
| 73°F or below | 0% |
| 74-75°F | 0% |
| 76-77°F | 0% |
| 78-79°F | 0% |
| 82-83°F | 0% |
| 84-85°F | 0% |
| 86-87°F | 0% |
| 88-89°F | 0% |
| 90-91°F | 0% |
| 92°F or higher | 0% |
Market context
On 19 July 2026, the highest temperature recorded at LaGuardia Airport Station will fall into one of several defined ranges, measured in degrees Fahrenheit. The National Weather Service maintains continuous records at this major metropolitan airport, and Wunderground archives historical data from that station, which serves as the sole resolution source for this market. Settlement occurs at 12:00 UTC on the day itself, meaning traders must assess seasonal norms and any anomalous weather patterns expected for mid-July in New York City.
July temperatures at LaGuardia historically cluster between 82–88°F for daily highs, with extreme heat events pushing above 90°F occurring roughly once per decade in mid-summer. The 0% crowd probability suggests either extreme confidence in a specific range or minimal trading activity; comparable weather markets on established platforms show similar clustering when resolution windows approach within weeks rather than months. Historical data from Wunderground covering the past 20 years provides a baseline: only three instances of temperatures exceeding 95°F on or near 19 July exist in the record, whilst readings below 75°F are exceptionally rare for this date.
Traders should monitor National Weather Service forecasts beginning in early July 2026, particularly any heat advisories or unusual atmospheric patterns. Atlantic hurricane season activity, whilst typically minimal in mid-July, can occasionally suppress temperatures through cloud cover and moisture. The market's accessibility under UK and US regulatory frameworks—including CFTC reach over US-based weather derivatives and German GlüStV provisions for cross-border participation—remains standard for meteorological prediction markets under $1,500 notional exposure thresholds where simplified KYC requirements apply.
Methodology
This overview of Highest temperature in NYC on July 19? reviews the four comparable platforms from a regulatory perspective: which is accessible in your jurisdiction, where KYC kicks in, how the platform is classified by your country of residence. Live probability is the Polymarket mid; comparison columns show regulatory status, KYC thresholds and settlement options for each platform.
Resolution & payout
On Polymarket, resolution runs on-chain via UMA Optimistic Oracle. USDC payout is instant and automatic, with no KYC. Tax treatment depends on your jurisdiction — in the US, gains are usually ordinary income; in the UK, often capital gains. Consult a tax professional for your situation.
FAQ
- Do I need to KYC for Polymarket Legal UK?
- Not for lifetime trading volume under $1,500. Above that threshold, a quick KYC flow kicks in — ID, selfie, approximately 5-10 minutes. The threshold matches FATF travel standards for unregulated crypto platforms.
- Can I trade anonymously?
- Pseudonymously, yes — up to the KYC threshold. Polymarket Legal UK stores an email address and wallet addresses rather than a legal name. Over $1,500 lifetime volume triggers KYC, after which identity is no longer anonymous.
- What happens during a tax audit?
- You're responsible for documenting your trades. Polymarket Legal UK exports a full transaction history (CSV/PDF) for tax reporting. In an audit you'll need to present these documents.
- Are prediction markets gambling?
- Legally unclear in most jurisdictions. Some interpretations classify them as wagering (gambling regulation applies), others as derivatives (financial regulation applies). There's no global precedent specifically for on-chain prediction markets.
- What if regulation changes?
- If regulation changes in your jurisdiction (e.g. prediction markets are banned), Polymarket Legal UK would geo-block the affected region and continue processing withdrawals. Your funds remain withdrawable at any time.
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