Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Is Kalshi Legal in California) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Go to the live market → |
Polymarket (direct) polymarket.com |
100% | 0% | 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.
| Outcome | Probability |
|---|---|
| 30°C | 100% |
| 24°C or below | 0% |
| 25°C | 0% |
| 26°C | 0% |
| 27°C | 0% |
| 28°C | 0% |
| 29°C | 0% |
| 31°C | 0% |
| 32°C | 0% |
| 33°C | 0% |
| 34°C or higher | 0% |
Market context
Tokyo’s highest temperature on 10 August will be set by the peak reading in Weather Underground’s Daily Observations table at Tokyo Haneda Airport Station, not the summary high/low figure. Tokyo’s August climate is typically hot and humid: historical August averages cluster around 31°C to 32°C highs, and recent August records have included days in the mid-30s Celsius, so the market is about *where within the usual summer range* the day’s top observation lands rather than whether it becomes warm at all.[5][13][14]
A 0% YES crowd price implies the market is treating the outcome as effectively unavailable or very unlikely at this stage, but the historical frame argues against reading that as a climate signal. Comparable August data for Tokyo show frequent highs around 30°C to 35°C, with occasional hotter spikes, and even recent daily histories have placed midday temperatures in the mid-20s to upper-20s Celsius before the afternoon maximum is set.[3][4][9] For accessibility, “no-KYC up to $1,500” usually means a user can trade up to that notional amount without identity verification, while larger limits or withdrawals typically trigger KYC checks; that affects participation friction, not the weather outcome itself.
The main catalysts are ordinary meteorology rather than policy events: the day’s temperature path, cloud cover, sea breeze, rainfall, and the timing of any local convective showers will determine whether the afternoon peak gets capped early or climbs later. Market participants should watch the station’s intraday observations through the settlement window and any nearby forecast updates from major weather services, as Tokyo’s August maxima often move materially between late morning and mid-afternoon.[2][8][11] From a regulatory angle, German GlüStV restrictions can affect whether a resident can legally access or market this kind of event contract, while US CFTC reach matters because event-based derivatives may be treated differently under US commodities rules depending on the platform’s structure and user location.
Methodology
This overview of Highest temperature in Tokyo on August 10? 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.
- 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.
- What happens during a tax audit?
- You're responsible for documenting your trades. Is Kalshi Legal in California exports a full transaction history (CSV/PDF) for tax reporting. In an audit you'll need to present these documents.
- 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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