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Highest temperature in Wellington on August 6?

How the on-chain market is pricing "Highest temperature in Wellington on August 6?" right now, plus comparison with Kalshi, Betfair and Manifold.

10°C 99% 11°C 1% 5°C or below 0% 6°C 0% Volume: $108K Liquidity: $148K Closes: 6 Aug 2026
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Highest temperature in Wellington on August 6?

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
Polymarket (via BTC Prediction) Pick
polygram.ink (preferred broker)
99% 1% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle Open live market →
Polymarket (direct)
polymarket.com
99% 1% 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
10°C99%
11°C1%
5°C or below0%
6°C0%
7°C0%
8°C0%
9°C0%
12°C0%
13°C0%
14°C0%
15°C or higher0%

Market context

Wellington’s airport needs only a modest warm-up to land a highest daily temperature in the low teens Celsius in August, with long-run August averages for the city around 12°C to 13.6°C and the month described as the coldest part of the year locally.[1][2][7] That makes the current **0% YES** crowd view look like an extreme pricing of a cold outcome rather than a statement that a mild day is impossible; at Wellington, the question is usually whether the afternoon briefly clears enough to push above the seasonal norm, not whether summer-like heat is on the table.[1][15]

Comparable August readings also suggest the market should be read as a weather-volatility contract rather than a binary temperature guess. Historical summaries show Wellington’s August highs are typically clustered near 12°C to 13°C, while day-to-day ranges can still produce individual highs in the mid-teens when winds ease and sunshine breaks through.[2][6][10] For settlement, the relevant number is the single highest reading at Wellington Intl Airport Station on the day, so the final print can be lifted by a short-lived afternoon spike even if the broader day feels cool and unsettled.[12]

The main catalysts are the local forecast evolution into the New Zealand afternoon and any change in wind, cloud cover, or frontal timing near Wellington Harbour, because those drive whether the airport gets brief heating or stays under a marine layer. Traders should also watch the timing of the Wunderground station update itself, since the market settles off that source rather than a general city forecast, and the contract window closes at 12:00 UTC, which means the key observational period is the preceding Wellington day rather than the following one.[12]

Sources: 1 · 2 · 3 · 4 · 5

Methodology

This page reads Highest temperature in Wellington on August 6? 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.
What does a transaction cost on Polygon?
Polygon gas is typically under $0.01 per transaction. A full trade cycle (Approve + Order + Fill) totals around $0.03 — compared to $5-50 on Ethereum mainnet.
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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