Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Alternative) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open the market → |
Polymarket (direct) polymarket.com |
100% | 0% | 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 |
|---|---|
| 33°C | 100% |
| 26°C or below | 0% |
| 27°C | 0% |
| 28°C | 0% |
| 29°C | 0% |
| 30°C | 0% |
| 31°C | 0% |
| 32°C | 0% |
| 34°C | 0% |
| 35°C | 0% |
| 36°C or higher | 0% |
Market context
On 10 July 2026, the Shenzhen Bao’an International Airport Station will record its highest daily temperature in degrees Celsius, a single real-world data point that determines settlement for this weather prediction market. The current crowd-implied probability of 0% for the “YES” outcome suggests traders believe the temperature will fall outside the specified range, yet historical patterns indicate July is Shenzhen’s hottest month, with average highs reaching 32°C (90°F) and peaks often exceeding 33°C [1][6]. In July 2025, temperatures hovered near 30°C, while global July 2024 was the warmest on record, reinforcing that extreme heat in southern China is not anomalous but seasonal [2][7].
Traders should monitor near-term weather forecasts and any official announcements regarding heatwaves or urban climate interventions, as these can shift temperature outcomes significantly. AccuWeather’s 10-day forecast for Shenzhen Bao’an predicts a morning thunderstorm on 10 July with a high of 33°C (91°F), suggesting conditions remain conducive to record highs [5]. Recent global climate data from the World Meteorological Organization confirms July 2024 set new temperature records, indicating a trend toward hotter summers that may persist into 2026 [7].
When comparing platforms like Polymarket, Kalshi, Betfair, and Smarkets, key divergences emerge in how this market is priced: Polymarket uses decimal odds and low fees with minimal KYC, while Kalshi relies on implied probability, stricter identity verification, and higher regulatory oversight. Betfair and Smarkets offer decimal odds with variable fee structures and broader KYC reach, affecting liquidity and trader access. These structural differences influence how the 0% probability is interpreted across exchanges, particularly when underlying climate data remains volatile and seasonally extreme.
Methodology
This page compares Highest temperature in Shenzhen on July 10? 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.
- Are all these platforms regulated?
- No. Kalshi is CFTC-regulated (US). Betfair and Smarkets are UK Gambling Commission licensed. Polymarket operates without explicit regulation — a different risk profile than a regulated sportsbook.
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