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Highest temperature in Seoul (Incheon) on August 13?

How the on-chain market is pricing "Highest temperature in Seoul (Incheon) on August 13?" right now, plus comparison with Kalshi, Betfair and Manifold.

31°C 100% 28°C or below 0% 29°C 0% 30°C 0% Volume: $72K Liquidity: $131K Closes: 13 Aug 2026
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Highest temperature in Seoul (Incheon) on August 13?

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
Polymarket (via BTC Prediction) Pick
polygram.ink (preferred broker)
100% 0% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle Open live market →
Polymarket (direct)
polymarket.com
100% 0% 0% Geo-blocked in US/UK/EU USDC, on-chain Open live market →
Kalshi
kalshi.com
Up to 7% per trade US-only, KYC required USD Open live market →
Betfair Exchange
betfair.com
2-5% commission Full KYC from first trade GBP / EUR Open live market →
Manifold Markets
manifold.markets
Play-money (mana) None — play-money Mana (no cash-out) Open live market →

Outcome probabilities

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

OutcomeProbability
31°C100%
28°C or below0%
29°C0%
30°C0%
32°C0%
33°C0%
34°C0%
35°C0%
36°C0%
37°C0%
38°C or higher0%

Market context

Seoul's August temperatures are among the year's most extreme, with the Incheon International Airport station—the official settlement reference—regularly recording daily highs between 28 and 35 degrees Celsius during mid-summer. August 13 falls within the peak heat period, when the Korean peninsula experiences sustained high pressure systems and humidity levels that can amplify apparent temperature well above the thermometer reading. Historical records from the past decade show Incheon's August 13 highs clustering between 29 and 33°C, though outlier years have pushed toward 35°C during particularly intense heat waves. The 0% crowd probability suggests traders are either awaiting specific range thresholds to activate or have not yet priced in seasonal baseline expectations for this date.

Weather Underground's Daily Observations table—the binding resolution source—captures minute-by-minute readings rather than the rounded summary figures, meaning settlement hinges on granular data capture at Incheon airport rather than broader Seoul metropolitan estimates. Traders should monitor the Korea Meteorological Administration's extended forecasts from late July onwards, as monsoon patterns and tropical system activity in early August can substantially alter mid-month thermal profiles. Recent summers have shown increased volatility in East Asian heat patterns; the 2023 Seoul heat dome pushed temperatures above historical norms, whilst 2024 saw more moderate August conditions. USDC settlement mechanics mean positions will lock on August 13 at 12:00 UTC, requiring traders to account for the nine-hour offset from Korean Standard Time when interpreting intraday temperature movements.

Methodology

This page reads Highest temperature in Seoul (Incheon) on August 13? on-chain. Polymarket's quote comes directly from the Polygon order book — the only comparable venue with on-chain settlement. Kalshi (USD, off-chain), Betfair (GBP/EUR, off-chain) and Manifold (play-money) are listed alongside for venue context. Every CTA routes to BTC Prediction, which mirrors the Polymarket order book directly.

Resolution & payout

Settlement is on-chain via UMA Optimistic Oracle. A proposer posts the outcome with a bond, a two-hour dispute window opens, then the smart contract lifts winning conditional tokens to 1 USDC and sends payments to holders' wallets automatically. No withdrawal fees beyond Polygon gas.

Off-chain venues (Kalshi, Betfair, Smarkets) settle in local fiat through bank-side clearing — faster than SWIFT, slower than on-chain. Manifold pays no real cash.

UK Frequently Asked Questions

What are crypto prediction markets?
Crypto prediction markets are on-chain smart contracts where you buy YES or NO shares on a future crypto event (e.g. "BTC above $100k by year-end"). The market price between 0¢ and 100¢ is the implied probability.
Why USDC and not ETH or USDT?
USDC is the Polygon standard — audited reserves (Circle, monthly attestation), deepest order book, low gas costs. ETH volatility would distort probability quotes; USDT has thinner Polygon liquidity than USDC.
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%.
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