Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Trump Prediction) Pick polygram.ink (preferred broker) |
97% | 3% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Live odds → |
Polymarket (direct) polymarket.com |
97% | 3% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Live odds → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Live odds → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Live odds → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Live odds → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| 11°C | 97% |
| 12°C | 1% |
| 5°C or below | 0% |
| 6°C | 0% |
| 7°C | 0% |
| 8°C | 0% |
| 9°C | 0% |
| 10°C | 0% |
| 13°C | 0% |
| 14°C | 0% |
| 15°C or higher | 0% |
Market context
Wellington’s late-winter climate is usually cool and changeable, so the key question is whether 1 August brings a modest afternoon top or an unusually warm burst. Long-run climate guides for the city put August daytime highs around 12°C to 13°C, with record August maxima in the mid-to-high teens rather than anything extreme, which is why the crowd is effectively pricing in a sub-traditional “warm day” outcome at 0% YES.[1][11][15]
That low probability is consistent with the historical pattern: Wellington rarely posts very high winter readings, and the city’s broader all-time record heat is a summer event, not an August one.[1][16][18] In comparable August climatology, the difference between a routine mild day and a genuinely warm outlier is only a few degrees, so any settlement above the lower temperature bands would still require a noticeable departure from norm rather than a standard seasonal rebound.[1][8][15]
For traders, the main catalyst is the actual weather sequence over the final 24 hours before the airport station’s daily high is locked in, rather than any campaign-style timetable or scheduled announcement. The market leans on the presence or absence of a brief northerly wind shift, reduced cloud cover, and dry air that can lift afternoon readings at Wellington International Airport; if those ingredients fail to line up, the result should sit close to the usual August range.[1][11][14] The settlement source is Wunderground’s Wellington Intl Airport Station history page, so late updates to the station record itself matter more than general city forecasts.[14]
Methodology
This page tracks Highest temperature in Wellington on August 1? across four political prediction venues. Live odds come from the Polymarket order book (the deepest political prediction-market book). Kalshi is the CFTC-regulated US alternative, Betfair the established UK sports-exchange with politics markets, Manifold the open play-money variant. For users geo-blocked from Polymarket directly, brokers like Trump Prediction provide a 0%-fee route into the same order book.
Resolution & payout
For political markets the resolution source is decisive. Polymarket defines a concrete source per contract (e.g. AP, Reuters, official electoral commission) and uses the UMA Optimistic Oracle as the on-chain dispute mechanism. With a clearly defined outcome the USDC payout lands within minutes of the final confirmation.
FAQ
- How accurate are political prediction markets?
- Historically more accurate than polls. Polymarket's Brier score on US 2024 elections was ~0.11 — better than 538 (~0.14) and every mainstream poll. Markets aggregate information with real skin in the game.
- What resolution source is used for elections?
- Polymarket defines the source per contract — usually Associated Press (AP Race Call), Reuters or the official electoral commission. The source is stated in contract details before the market opens.
- Which platform has the deepest political liquidity?
- Polymarket — by far. US 2024 presidential volume was ~$3.5B vs Kalshi (~$200M) and Betfair (~$120M). Where Polymarket is geo-blocked, brokers like Trump Prediction route into the same order book at 0% fees.
- How fast do political markets react to news?
- High-liquidity markets move within seconds to minutes. A Trump tweet on the economy can shift the "Trump 2024" market 2-5 points before mainstream media has written anything.
- Are political prediction markets legal in my country?
- It varies. They sit in legal gray areas in most jurisdictions. Polymarket is geo-blocked from US/UK/EU; some broker frontends have a different geo footprint. Trade only with capital you can afford to lose, and only if you understand the legal status in your jurisdiction.
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