Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Germany Legal) Pick polygram.ink (preferred broker) |
99% | 1% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | View on Polymarket → |
Polymarket (direct) polymarket.com |
99% | 1% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | View on Polymarket → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | View on Polymarket → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | View on Polymarket → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | View on Polymarket → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| 31°C | 99% |
| 32°C | 1% |
| 26°C or below | 0% |
| 27°C | 0% |
| 28°C | 0% |
| 29°C | 0% |
| 30°C | 0% |
| 33°C | 0% |
| 34°C | 0% |
| 35°C | 0% |
| 36°C or higher | 0% |
Market context
Tokyo’s daytime high on 6 August will be measured at Haneda Airport, with the market resolving to the bracket containing the day’s peak Celsius reading from Wunderground. The crowd is currently at 0% for YES, which is best read as a pricing anomaly rather than a true forecast signal, because Tokyo is in the middle of peak summer and the city’s August normals are typically around 31°C, with some forecasts calling for the mid-30s on hot days.[2][9][14]
Historically, Tokyo’s August highs often sit in the low 30s, but recent heat patterns matter more than the monthly average. The Japan Meteorological Agency’s daily data show Haneda at 35.6°C on 1 August and 33.0°C on 2 August, while other Tokyo stations have already printed upper-30s readings this month, which frames a 31–35°C outcome as more consistent with recent conditions than a sub-30°C result.[1] Polymarket’s own live ladder has been centred on 33°C and 34°C, indicating the market has been assigning most weight to that part of the distribution even though the headline probability for YES is shown at 0%.[5]
The main catalysts are the local weather evolution into midday, any forecast shifts from the Japan Meteorological Agency or major forecasters, and whether cloud cover, rain bands, or a passing typhoon suppress the maximum temperature before the settlement window closes at 12:00 UTC. Japan has had an active 2026 heat period, with recent reporting describing severe urban heat across the country, which is relevant because it can keep overnight lows elevated and support a quick climb after sunrise.[15][16][17] For accessibility, German GlüStV risk is material because prediction markets are not automatically available to German residents under a stricter regulatory interpretation; US CFTC reach also matters because access can be restricted where derivatives-style event contracts are treated as falling within US jurisdiction. A “no-KYC up to $1,500” structure generally means low-value participation is possible with lighter identity checks, but that does not remove geo-blocking, sanctions screening, or any country-specific compliance barriers.
Methodology
This overview of Highest temperature in Tokyo on August 6? reviews the four comparable platforms from a regulatory perspective: which is accessible in your jurisdiction, where KYC kicks in, how the platform is classified by your country of residence. Live probability is the Polymarket mid; comparison columns show regulatory status, KYC thresholds and settlement options for each platform.
Resolution & payout
On Polymarket, resolution runs on-chain via UMA Optimistic Oracle. USDC payout is instant and automatic, with no KYC. Tax treatment depends on your jurisdiction — in the US, gains are usually ordinary income; in the UK, often capital gains. Consult a tax professional for your situation.
FAQ
- How are winnings taxed?
- Tax treatment varies by jurisdiction. In most countries, prediction market gains are treated as ordinary income or capital gains. We cannot provide tax advice — consult a tax professional for your specific situation.
- Can I trade anonymously?
- Pseudonymously, yes — up to the KYC threshold. Polymarket Germany Legal stores an email address and wallet addresses rather than a legal name. Over $1,500 lifetime volume triggers KYC, after which identity is no longer anonymous.
- What happens during a tax audit?
- You're responsible for documenting your trades. Polymarket Germany Legal exports a full transaction history (CSV/PDF) for tax reporting. In an audit you'll need to present these documents.
- Are prediction markets gambling?
- Legally unclear in most jurisdictions. Some interpretations classify them as wagering (gambling regulation applies), others as derivatives (financial regulation applies). There's no global precedent specifically for on-chain prediction markets.
- What if regulation changes?
- If regulation changes in your jurisdiction (e.g. prediction markets are banned), Polymarket Germany Legal would geo-block the affected region and continue processing withdrawals. Your funds remain withdrawable at any time.
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