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 |
|---|---|
| 82-83°F | 100% |
| 77°F or below | 0% |
| 78-79°F | 0% |
| 80-81°F | 0% |
| 84-85°F | 0% |
| 86-87°F | 0% |
| 88-89°F | 0% |
| 90-91°F | 0% |
| 92-93°F | 0% |
| 94-95°F | 0% |
| 96°F or higher | 0% |
Market context
On 24 July 2026, the highest temperature recorded at LaGuardia Airport Station will fall within one of several defined ranges. Resolution depends on data from Weather Underground's historical records for that specific date and location, measured in Fahrenheit. The settlement window closes at 12:00 UTC that day, meaning traders must account for the full 24-hour period ending at midnight Eastern Time.
New York City's July temperatures typically range between 75°F and 90°F, with historical highs occasionally exceeding 95°F during heat waves. The current 0% crowd probability suggests either extreme confidence in a specific temperature band or insufficient liquidity across all outcome ranges. Comparable July days at LaGuardia show considerable variance: the station recorded 89°F on 24 July 2024 and 87°F on 24 July 2023, providing a baseline for near-term seasonal patterns. Longer-term data indicates that temperatures above 95°F occur roughly once per decade on any given July date in the region.
Traders should monitor National Weather Service forecasts released in the week preceding 24 July 2026, particularly heat advisories or unusual atmospheric patterns that might drive temperatures into the upper ranges. Atlantic hurricane activity and jet stream positioning in mid-July can materially shift temperature outcomes. From a regulatory standpoint, this market operates under UK-regulated frameworks and German GlüStV provisions where applicable; traders in jurisdictions with no-KYC thresholds up to £1,200 (approximately $1,500) may access this market without full identity verification, though position limits and reporting obligations remain in force above those tiers.
Methodology
This overview of Highest temperature in NYC on July 24? 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
- Is Polymarket legal in my country?
- Polymarket is geo-blocked in the US/UK/EU. Actual usage via the Polymarket interface is not possible there. The legal status itself varies — many countries treat prediction markets as a gray area. Polymarket Legal UK has a different geo footprint.
- 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.
- 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.
- Is there a withdrawal cap?
- No platform-side cap. You can withdraw any amount provided KYC is complete. SEPA bank withdrawals over €15,000 trigger additional anti-money-laundering checks (statutory obligation for all platforms).
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