Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Who Will Win) Pick polygram.ink (preferred broker) |
88% | 12% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Live odds → |
Polymarket (direct) polymarket.com |
88% | 12% | 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 |
|---|---|
| 30°C | 88% |
| 31°C | 13% |
| 32°C | 2% |
| 26°C or below | 0% |
| 27°C | 0% |
| 28°C | 0% |
| 29°C | 0% |
| 33°C | 0% |
| 34°C | 0% |
| 35°C | 0% |
| 36°C or higher | 0% |
Market context
Tokyo Haneda Airport has been trading like a **modest heat-leaning favourite**, but the current crowd-implied probability of **0% YES** suggests the market is still treating the exact outcome range as very open rather than pinned to one bin. The resolution uses the day’s **highest recorded temperature at Tokyo Haneda Airport Station** on 6 August, so the finish line is the peak reading, not the afternoon forecast high, which matters if a brief mid-afternoon spike or an early-evening easing changes the bin. Japan Meteorological Agency observations already show Tokyo-area August highs in the low-to-mid 30s Celsius, with Haneda at **35.6°C on 1 August** and **33.0°C on 2 August** in the same month, which keeps the centre of gravity around the low 30s rather than extreme-heat territory.[1]
For a handicapper, the consensus sits around the **33–34°C band**, which is where the adjacent contracts have been concentrating in the broader market, with 33°C currently the frontrunner and 34°C close behind.[4] That makes the value question less about whether it gets hot and more about whether the day overshoots or undershoots the market’s modal expectation. Historic August norms for Tokyo are around **31°C average highs**, but late-summer urban heat and humidity can easily add a degree or two above the average, especially under strong Pacific High conditions.[10][13][14]
The main catalysts are straightforward: the live Haneda observation feed through the morning and early afternoon, any last-minute shift in cloud cover, sea breeze, or rainfall, and whether temperatures peak before the settlement window cuts off at **12:00 UTC**. Forecast services for Tokyo on 6 August point to a high near **32–32°C**, with mostly sunny conditions and light winds, which supports a **slight underdog case for the upper-mid 30s** rather than a clean blowout to the hottest bins.[2][3] The contrarian angle is that even a small early-day warm-up can be enough to decide between neighbouring outcomes, so the market is likely to stay sensitive to each new observation rather than drift on long-range weather context alone.
Methodology
This page is a comparison snapshot: one live quote, four reference venues with their key attributes, and a single execution path — every trade button routes to Who Will Win, which mirrors the Polymarket order book directly.
Resolution & payout
Polymarket-based markets settle through the UMA Optimistic Oracle on Polygon. A proposer submits the outcome, a two-hour challenge window opens, and unchallenged proposals finalise the resolution. Payouts settle automatically in USDC the moment the result is final — no bookmaker, no delay.
Kalshi-based markets settle in USD via the CFTC-regulated clearinghouse. Betfair Exchange settles in GBP/EUR net of commission. Manifold is play-money and does not pay out real funds.
UK Frequently Asked Questions
- Where can I trade this market with the lowest fees?
- Polymarket is geo-blocked in the US/UK/EU. The easiest 0%-fee broker into the same order book is Who Will Win. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- How does resolution work?
- Through the UMA Optimistic Oracle on Polygon: a proposer submits the outcome, a two-hour challenge window opens, and USDC payouts settle automatically once the result is final.
- Is Polymarket legal in the UK?
- Polymarket is accessible to UK traders but is not UKGC-licensed. It operates under US CFTC jurisdiction. UK residents face no domestic legal prohibition on using it, but UKGC consumer protections do not apply. For UKGC-regulated alternatives, Betfair Exchange and Smarkets offer similar prediction-style markets.
- Do I pay tax on prediction market profits in the UK?
- UKGC-licensed platform profits (Betfair, Smarkets) are typically tax-free gambling winnings for UK individuals. Polymarket profits involve USDC crypto transactions, which HMRC treats as Capital Gains Tax events. Keep full transaction records and report via Self Assessment if gains exceed £3,000 per tax year.
- How do I deposit on Polymarket from the UK?
- UK traders typically fund Polymarket via Coinbase UK, Kraken or Revolut — buying USDC with GBP and transferring to a Polygon-compatible wallet (MetaMask, Coinbase Wallet). Polymarket's onboarding walks you through the bridging process. Typical GBP-to-USDC conversion costs 0.5–1%.
Trade Highest temperature in Tokyo on August 6? on Who Will Win
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