Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Bot UK) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Place a position → |
Polymarket (direct) polymarket.com |
100% | 0% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Place a position → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Place a position → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Place a position → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Place a position → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| 40°C | 100% |
| 33°C or below | 0% |
| 34°C | 0% |
| 35°C | 0% |
| 36°C | 0% |
| 37°C | 0% |
| 38°C | 0% |
| 39°C | 0% |
| 41°C | 0% |
| 42°C | 0% |
| 43°C or higher | 0% |
Market context
Chongqing’s late-July heat is normally strong enough that the day’s top reading often lands in the mid-to-high 30s Celsius, with July averages around 33°C and a rainy, humid monsoon pattern rather than a dry heat regime.[1][2] For a market that settles on the highest temperature at Chongqing Jiangbei International Airport Station, the practical question is whether the day peaks in the 38–40°C band or cools enough under cloud and rain to stay below that range.[1][4]
The current 0% YES price should be read against the city’s seasonal profile, not as a literal forecast of impossibility. July is described as Chongqing’s hottest and most humid month, and the rainy season runs from May to September, with rainfall accounting for about 70% of annual total; that combination creates swings between oppressive heat and short-lived storm relief, which is exactly the sort of setup that matters when traders model a single daily maximum programmatically.[2][5] The market’s own live ladder currently puts 39°C and 38°C well ahead, which is consistent with those climate norms rather than with a low cap outcome.[3]
For catalyst tracking, the useful inputs are the airport station’s hourly progression, convective rain timing, and any shift in cloud cover or monsoon flow before local afternoon peak heating. A bot or copy-trading workflow would usually watch the Wunderground history page for intra-day updates, compare the realised max against nearby temperature bands, and avoid over-weighting an early-morning reading because the settlement source is the day’s highest value, not the first observed value.
Methodology
This page is a comparison snapshot: one live quote, four reference venues with their key attributes, and a single execution path — every trade button routes to Polymarket Bot UK, which mirrors the Polymarket order book directly.
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
- 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 Polymarket Bot UK. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- How does resolution work?
- Through the UMA Optimistic Oracle on Polygon: a proposer submits the outcome, a two-hour challenge window opens, and USDC payouts settle automatically once the result is final.
- 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.
- Do I need to KYC for this market?
- On Polymarket directly, no — it's wallet-based. Intermediary brokers like Polymarket Bot UK 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.
Trade Highest temperature in Chongqing on July 27? on Polymarket Bot UK
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