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Highest temperature in Hong Kong on August 12?

How the sports market is pricing "Highest temperature in Hong Kong on August 12?" right now — live quote plus platform comparison.

35°C 56% 34°C 43% 36°C 4% 28°C or below 0% Volume: $125K Liquidity: $226K Closes: 12 Aug 2026
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Highest temperature in Hong Kong on August 12?

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
Polymarket (via Sport Prediction) Pick
polygram.ink (preferred broker)
56% 44% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle Live odds →
Polymarket (direct)
polymarket.com
56% 44% 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
35°C56%
34°C43%
36°C4%
28°C or below0%
29°C0%
30°C0%
31°C0%
32°C0%
33°C0%
37°C0%
38°C or higher0%

Market context

Hong Kong's weather on 12 August 2026 will be measured against the Hong Kong Observatory's official daily maximum temperature record, which will be published in their Daily Extract once the date has passed and data finalisation is complete. August represents the peak of Hong Kong's summer monsoon season, when heat and humidity reach their annual zenith.

Historical August temperatures in Hong Kong show consistent patterns that anchor expectations. The Observatory's records indicate that daily maxima in mid-August typically range between 31–34°C, with extremes occasionally exceeding 35°C during particularly intense heat waves. The all-time August record stands well above 36°C, though such readings occur infrequently. Recent decades show no systematic shift in August peak temperatures, though individual years vary considerably based on monsoon intensity and upper-atmosphere pressure systems. Comparable August 12th dates from prior years provide the most direct reference point for calibrating probability distributions across temperature bands.

Traders should monitor meteorological forecasts released in late July and early August, as seasonal models from the Hong Kong Observatory and regional centres become more precise closer to the settlement date. Tropical cyclone activity in the Western Pacific during early August could materially alter local weather patterns; any systems tracking toward southern China would influence both temperature and humidity profiles. The Observatory publishes extended outlooks on their website, and traders tracking atmospheric pressure anomalies and sea-surface temperature data in the South China Sea will have early signals of whether conditions favour above-normal or below-normal August heat.

Methodology

Sports-specific comparison page for Highest temperature in Hong Kong on August 12?. 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.
Which sports markets are available?
Football (soccer) dominates — Champions League, World Cup, Premier League, La Liga, Bundesliga — followed by NFL, NBA, tennis Grand Slams, Formula 1, boxing/MMA. Resolution via official league source confirmation.
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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