Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Alternative) Pick polygram.ink (preferred broker) |
99% | 1% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open the market → |
Polymarket (direct) polymarket.com |
99% | 1% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Open the market → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Open the market → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Open the market → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Open the market → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| 34°C | 99% |
| 35°C | 1% |
| 27°C or below | 0% |
| 28°C | 0% |
| 29°C | 0% |
| 30°C | 0% |
| 31°C | 0% |
| 32°C | 0% |
| 33°C | 0% |
| 36°C | 0% |
| 37°C or higher | 0% |
Market context
Guangzhou will experience peak summer heat on 14 August 2026, with the settlement hinging on the precise maximum temperature recorded at Baiyun International Airport's meteorological station. The market's 0% crowd probability suggests traders are either confident the threshold will not be breached or have not yet engaged with this specific fixture. Resolution depends on Weather Underground's Daily Observations table rather than its summary display—a technical distinction that matters when automated feeds and manual corrections diverge, as they occasionally do during extreme weather events.
Guangzhou's August temperatures typically range between 32–35°C, with historical peaks occasionally exceeding 37°C during particularly intense heatwaves. The 2013 heatwave saw temperatures reach 38.9°C; more recently, August 2023 recorded sustained highs above 35°C across multiple days. These precedents establish the baseline against which traders should calibrate their expectations. The current zero probability may reflect either conservative positioning or insufficient market depth rather than meteorological certainty.
Traders monitoring this market should track China Meteorological Administration forecasts released in early August 2026, particularly any alerts for extreme heat events across Guangdong province. El Niño or La Niña conditions, updated quarterly by NOAA, influence regional temperature patterns months in advance. Polymarket's fee structure (2% maker, 2% taker) differs from Kalshi's flat-fee model, which can affect position sizing on low-probability outcomes. Settlement window closure at 12:00 UTC on 14 August means afternoon temperature readings will determine final resolution, introducing timing risk for traders relying on preliminary morning forecasts.
Methodology
This page compares Highest temperature in Guangzhou on August 14? specifically across Polymarket, Kalshi, Betfair Exchange and Smarkets. The live probability is the Polymarket mid; the comparison columns summarise each venue's fee structure, KYC, settlement currency and payment rails. Every CTA routes to Polymarket Alternative, which mirrors the Polymarket order book at 0% fees.
Resolution & payout
Settlement is the biggest difference between the four platforms: Polymarket on-chain in USDC (instant), Kalshi USD via CFTC (T+1), Betfair and Smarkets in local currency via bank withdrawal (T+1 to T+3). On-chain settlement clears in minutes — the fastest payout path of the four.
FAQ
- What does Polymarket cost vs Kalshi?
- Polymarket: 0% fees, only Polygon network costs (~$0.01/trade). Kalshi: up to 7% per trade plus spread. For high-frequency traders, Polymarket is dramatically cheaper.
- Which platform has the deepest liquidity?
- Polymarket — by a wide margin. Top markets reach $50-500M volume, Kalshi ~$200M cumulative, Betfair similar. Deeper liquidity means your trade moves the quote less.
- What about Smarkets as an alternative?
- Smarkets is a UK betting exchange with a lower default commission (2%) than Betfair. Liquidity on political markets is below Polymarket, comparable to Kalshi. Geo-blocked in many jurisdictions.
- Which platform is accessible globally?
- Polymarket is geo-blocked in the US/UK/EU. Kalshi is US-only. Betfair and Smarkets are UK-restricted. Polymarket Alternative has a different geo footprint and routes to Polymarket's order book at 0% fees.
- Which platform supports Klarna/SOFORT?
- Directly: none. Polymarket accepts only USDC on Polygon. Polymarket Alternative offers a fiat on-ramp via Klarna or SOFORT (DE/AT/CH) and converts internally to USDC for the Polymarket order book. T+1 processing.
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