Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Bot UK) Pick polygram.ink (preferred broker) |
84% | 16% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Place a position → |
Polymarket (direct) polymarket.com |
84% | 16% | 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 |
|---|---|
| 32°C | 84% |
| 33°C | 14% |
| 34°C or higher | 1% |
| 24°C or below | 0% |
| 25°C | 0% |
| 26°C | 0% |
| 27°C | 0% |
| 28°C | 0% |
| 29°C | 0% |
| 30°C | 0% |
| 31°C | 0% |
Market context
Seoul is expected to reach highs near 31–33°C on 13 July 2026, with the Incheon International Airport station serving as the official resolution point for this weather market[1]. The current crowd-implied probability of 0% YES suggests the market has not yet identified a specific outcome that meets the binary criteria, likely because the market is structured as a multi-outcome range rather than a simple yes/no event, or the specific condition for "YES" remains undefined in the current listing[1].
Historical data frames this expectation against extreme precedents, including Seoul’s record early July high of 37.7°C in 2018, which stood as the hottest for 117 years[6]. Recent trends show South Korea enduring record-breaking summer heat, with July 2025 marking the second-hottest July since 1973 and a streak of tropical nights exceeding 25°C for 22 consecutive days[3][7]. These patterns indicate that while 33°C is the current leading outcome at 55%, the volatility of recent summers means traders should programme their bots to monitor for sudden spikes toward the 35–37°C range rather than relying solely on the 32–33°C consensus[1][2].
Traders must watch the Korea Meteorological Administration’s daily forecasts and real-time Wunderground feeds for the Incheon station, as settlement depends entirely on the highest temperature recorded at that specific location[1]. Conditional orders should be triggered by announcements of tropical night persistence or sudden humidity shifts, which historically correlate with higher daytime peaks in Seoul[3]. Programmatic approaches should integrate the Wunderground history API to fetch minute-by-minute data, ensuring automated positions adjust before the 12:00 UTC settlement window closes on 13 July 2026[1].
Methodology
Methodologically we separate two layers: the live probability (Polymarket mid-price) and the platform attributes (fee, KYC, settlement currency, payment rails). That keeps the comparison honest — a single canonical probability across the row, with the venue-by-venue trade-offs spelt out in the columns next to it.
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.
- 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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