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 |
|---|---|
| 35°C | 100% |
| 26°C or below | 0% |
| 27°C | 0% |
| 28°C | 0% |
| 29°C | 0% |
| 30°C | 0% |
| 31°C | 0% |
| 32°C | 0% |
| 33°C | 0% |
| 34°C | 0% |
| 36°C or higher | 0% |
Market context
Tokyo Haneda’s July 30 outcome is a **single-day airport maximum**, not a citywide average, so the key reference point is the highest reading at the Haneda observation station before the market’s noon UTC settlement cut-off. Tokyo’s late-July climate normally produces daytime highs around 30°C, but Haneda sits in a summer pattern where the day can still break materially above that if a heat ridge, clear skies and low rainfall line up.[11][12] The market’s current **0% YES** implies traders are pricing in an outcome below the relevant temperature band, which is only sensible if the station remains well under the upper bins through the morning and early afternoon UTC hours.
Historical comparables suggest the upside tail in Japan has widened sharply. On 30 July 2025, Japan set a national heat record of 41.2°C in Tamba, Hyogo, while multiple western locations reached 40°C or more, underlining how fast late-July temperatures can spike when a hot air mass dominates the archipelago.[2][4][9] That does not make Haneda itself a likely record venue, but it does show why a very low implied probability can persist until actual observations begin to firm up. For this specific market, the relevant benchmark is not the national record but the station’s own intraday maximum on the day, as published by Wunderground and using Celsius for settlement.
From a trading-access perspective, the regulatory frame matters. Under Germany’s GlüStV, whether a user can access a prediction market can turn on whether the venue is treated as a gambling product locally, while US traders face the practical shadow of CFTC jurisdiction if a market is viewed as a derivatives-style contract. “No-KYC up to $1,500” means a user can usually deposit, trade and withdraw within that cumulative limit without completing identity verification, which broadens access for small positions but does not remove jurisdictional restrictions or change how settlement is determined for this market.
Methodology
This overview of Highest temperature in Tokyo on July 30? 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.
- How are winnings taxed?
- Tax treatment varies by jurisdiction. In most countries, prediction market gains are treated as ordinary income or capital gains. We cannot provide tax advice — consult a tax professional for your specific situation.
- 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.
- 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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