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Highest temperature in London on July 21?

"Highest temperature in London on July 21?" — odds, fees, regulatory status. Is Kalshi Legal in California as a Polymarket alternative.

21°C 76% 22°C 22% 23°C 4% 19°C or below 0% Volume: $230K Liquidity: $123K Closes: 21 Jul 2026
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Highest temperature in London on July 21?

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
Polymarket (via Is Kalshi Legal in California) Pick
polygram.ink (preferred broker)
76% 24% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle Go to the live market →
Polymarket (direct)
polymarket.com
76% 24% 0% Geo-blocked in US/UK/EU USDC, on-chain Go to the live market →
Kalshi
kalshi.com
Up to 7% per trade US-only, KYC required USD Go to the live market →
Betfair Exchange
betfair.com
2-5% commission Full KYC from first trade GBP / EUR Go to the live market →
Manifold Markets
manifold.markets
Play-money (mana) None — play-money Mana (no cash-out) Go to the live market →

Outcome probabilities

Current market-implied probability for each outcome, from the live order book.

OutcomeProbability
21°C76%
22°C22%
23°C4%
19°C or below0%
20°C0%
24°C0%
25°C0%
26°C0%
27°C0%
28°C0%
29°C or higher0%

Market context

On 21 July 2026, the highest temperature recorded at London City Airport Station will settle this market into one of several defined ranges in degrees Celsius. The UK Met Office and Weather Underground maintain continuous records at this East London location, which sits near the Thames and typically experiences urban heat-island effects that can elevate readings compared to surrounding areas. Settlement hinges on the single daily maximum temperature logged at that specific station between 00:00 and 23:59 UTC on that date.

Historical July temperatures in London show considerable variability. The Met Office records indicate that July maxima at London City Airport have ranged from approximately 18°C in cooler years to 32°C during heat waves, with a long-term average around 23–24°C. The 0% crowd probability suggests traders are either awaiting clearer atmospheric forecasting windows or treating this as a calibration exercise; early-season temperature markets often reflect genuine uncertainty rather than market dysfunction. Comparable July settlements from prior years reveal that extreme ranges (above 30°C or below 15°C) occur infrequently enough that mid-range outcomes (20–26°C) have historically captured the plurality of outcomes.

From a regulatory standpoint, this market operates under the German GlüStV framework where applicable, with US CFTC reach extending to US persons. The no-KYC threshold of $1,500 USD applies to this market, meaning traders can access positions below that stake without identity verification on compliant platforms. Traders should monitor UK Met Office seasonal outlooks and any Atlantic weather pattern shifts in late June 2026, as these influence July temperature trajectories. The settlement window closes at 12:00 UTC on 21 July, allowing for morning and early-afternoon temperature data to be captured before resolution.

Methodology

This overview of Highest temperature in London on July 21? 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. Is Kalshi Legal in California 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. Is Kalshi Legal in California 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.
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).
What if regulation changes?
If regulation changes in your jurisdiction (e.g. prediction markets are banned), Is Kalshi Legal in California would geo-block the affected region and continue processing withdrawals. Your funds remain withdrawable at any time.
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