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Lowest temperature in Hong Kong on August 11?

Sports snapshot for "Lowest temperature in Hong Kong on August 11?" with league data and platform comparison on a single page.

29°C 98% 27°C 1% 28°C 1% 24°C or below 0% Volume: $59K Liquidity: $82K Closes: 11 Aug 2026
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Lowest temperature in Hong Kong on August 11?

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
Polymarket (via Sport Prediction) Pick
polygram.ink (preferred broker)
98% 2% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle Live odds →
Polymarket (direct)
polymarket.com
98% 2% 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
29°C98%
27°C1%
28°C1%
24°C or below0%
25°C0%
26°C0%
30°C0%
31°C0%
32°C0%
33°C0%
34°C or higher0%

Market context

Hong Kong’s lowest temperature on 11 August will be set by the Hong Kong Observatory’s final daily extract, and the market resolves to the Celsius band containing the **absolute daily minimum** once the data is published. In practical terms, this is a late-summer Hong Kong temperature bet rather than a midday heat story: the question is how far the overnight or early-morning low can fall before the day warms up.

The crowd’s 0% YES pricing implies traders are assigning no meaningful chance to an unusually cool outcome. That is consistent with August climatology: the Observatory’s 1991–2020 normals put 11 August mean minimum temperature at **26.7°C**, with high humidity and substantial cloud cover typical for the date, while recent August history has also stayed very warm, including the Observatory’s note that 11 August 2023 produced a minimum of **25.7°C**. For a lower band to land, Hong Kong would usually need a stronger-than-usual cool surge or heavy rain and cloud suppressing the overnight floor.

What matters now is whether the Observatory issues any updated weather warnings, tropical cyclone-related changes, or prolonged rain bands before the extract is fixed. Recent market-relevant context has been a hot spell in Hong Kong, with the city posting extreme August heat in early August and forecasts for 11 August pointing to continued warmth rather than a sharp cooldown, which supports the view that the lowest temperature is more likely to sit in the mid-to-high 20s Celsius than break materially lower. The final published extract, not any provisional forecast, is the settlement driver.

Sources: 1 · 2 · 3 · 4 · 5

Methodology

Sports-specific comparison page for Lowest temperature in Hong Kong 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.
When do sports markets resolve?
Typically within hours of the official final whistle. Polymarket uses UMA Optimistic Oracle with source URLs pointing at official league data feeds — e.g. the Premier League for EPL markets, UEFA for Champions League, FIFA for World Cup.
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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