Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Sport Prediction) Pick polygram.ink (preferred broker) |
99% | 1% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Live odds → |
Polymarket (direct) polymarket.com |
99% | 1% | 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.
| Outcome | Probability |
|---|---|
| 28°C | 99% |
| 29°C | 1% |
| 20°C or below | 0% |
| 21°C | 0% |
| 26°C | 0% |
| 27°C | 0% |
| 22°C | 0% |
| 23°C | 0% |
| 24°C | 0% |
| 25°C | 0% |
| 30°C or higher | 0% |
Market context
Chongqing is experiencing its peak summer heat as July 2 arrives, with the city historically recording its highest daily temperatures during this month. The market currently implies a 0% chance of the temperature reaching the upper threshold, yet climate data shows July is the hottest month in Chongqing, with average highs around 33°C and peaks frequently hitting 44°C[1][2]. Historical records confirm that daytime temperatures in July typically range from 32°C to 37°C, with nighttime lows rarely dropping below 25°C[7]. Given that the city has endured continuous high temperatures throughout the month, the current probability appears detached from the established thermal pattern where extreme heat is a standard feature rather than an anomaly[9].
Traders should monitor real-time updates from Wunderground for the Jiangbei International Airport Station, as the resolution source relies on the highest recorded temperature for all times on July 2[2]. The 2026 forecast indicates daily highs could reach up to 102°F (approximately 39°C), suggesting the threshold for the upper temperature range is well within plausible bounds[4]. Any sudden shifts in cloud cover or rainfall, which are common in Chongqing’s foggy climate, could temporarily suppress temperatures, but the prevailing trend of sustained heat makes a significant drop unlikely[2]. With the settlement window ending at 12:00 UTC, the final reading will depend on the peak temperature recorded before noon, a critical dependency for those assessing the market’s viability.
Methodology
Sports-specific comparison page for Highest temperature in Chongqing on July 2?. 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.
FAQ
- 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.
- 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.
- What are live sports odds on Polymarket?
- Some top-tier matches stay open during play — you can trade the half-time probability in the 70th minute. Polymarket mid-prices update second-by-second; any frontend mirroring the order book shows the same movement.
- What's the difference between match odds and outright odds?
- Match odds cover a single game ("Bayern beats BVB"). Outright odds are long-term aggregates ("Bayern wins the league"). Outright markets have deeper liquidity; match markets have faster resolution.
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