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Highest temperature in Shanghai on August 11?

How the sports market is pricing "Highest temperature in Shanghai on August 11?" right now — live quote plus platform comparison.

28°C 70% 29°C 24% 30°C 2% 31°C 1% Volume: $87K Liquidity: $242K Closes: 11 Aug 2026
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Highest temperature in Shanghai on August 11?

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
Polymarket (via Sport Prediction) Pick
polygram.ink (preferred broker)
70% 30% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle Live odds →
Polymarket (direct)
polymarket.com
70% 30% 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.

OutcomeProbability
28°C70%
29°C24%
30°C2%
31°C1%
23°C or below0%
24°C0%
25°C0%
26°C0%
27°C0%
32°C0%
33°C or higher0%

Market context

Shanghai's maximum temperature on 11 August 2026 will be measured at Pudong International Airport Station and resolved against the Daily Observations table on Weather Underground, with settlement occurring at midday UTC on that date. The market currently reflects zero probability of any outcome occurring, suggesting either incomplete pricing or early-stage liquidity.

August represents Shanghai's peak summer season, with historical daily highs typically ranging between 32–35°C, though extreme heat events have pushed readings above 37°C in recent years. The city's subtropical monsoon climate creates relatively consistent patterns during this period, with afternoon thunderstorms occasionally moderating temperatures. Comparable August days from 2023 and 2024 recorded highs of 34–36°C at the airport station, providing a baseline for assessing likely ranges. The 0% crowd probability suggests traders may be awaiting clearer seasonal forecasts or waiting for more granular temperature bands to be offered.

Key variables include the timing and intensity of the East Asian summer monsoon system, which influences cloud cover and precipitation patterns across the Yangtze River Delta region. Weather Underground's Daily Observations table—the specified resolution source—occasionally differs from summary high-low figures due to measurement timing and methodology, making source verification critical. Traders should monitor extended-range forecasts from the China Meteorological Administration and track any anomalous pressure systems developing across the Western Pacific in late July, as these can drive unseasonable heat or cooling into early August.

Methodology

Sports-specific comparison page for Highest temperature in Shanghai on August 11?. Polymarket's live quote (Polygon order book) plus platform attributes for the three reference venues. Sports markets reward liquidity — Polymarket and Betfair are materially deeper than Kalshi or Manifold.

Resolution & payout

Sports markets typically settle on official final-whistle plus league confirmation. Polymarket uses UMA Optimistic Oracle with a source URL per contract — usually official league data feeds or ESPN/Soccerway. Two-hour dispute window, then smart-contract payout in USDC.

UK Frequently Asked Questions

Are prediction markets better than sports betting?
Prediction markets tend toward tighter odds than bookmakers because they use peer-to-peer exchange rather than bookmaker margin. On major matches, Polymarket quotes typically sit 2-5% closer to the true probability model than bet365 or DraftKings.
Can I bet on individual matches?
Yes, Polymarket lists every major Premier League / Champions League / World Cup match as its own market. Liquidity varies — top matches like El Clásico or a semi-final often have six-figure pools, lower-league games closer to three-figure.
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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