Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via March Madness Predictions) Pick polygram.ink (preferred broker) |
69% | 31% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | See live odds → |
Polymarket (direct) polymarket.com |
69% | 31% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | See live odds → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | See live odds → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | See live odds → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | See live odds → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| 30°C | 69% |
| 29°C | 18% |
| 28°C | 8% |
| 27°C or below | 4% |
| 31°C | 4% |
| 32°C | 0% |
| 33°C | 0% |
| 34°C | 0% |
| 35°C | 0% |
| 36°C | 0% |
| 37°C or higher | 0% |
Market context
Madrid's summer heat peaks in late July, with the city regularly experiencing temperatures exceeding 35°C during this period. The Adolfo Suárez Madrid-Barajas Airport station, situated on the city's northern periphery, typically records slightly lower maxima than central Madrid due to its elevation and distance from urban heat islands, though it remains subject to the same continental high-pressure systems that dominate the Iberian peninsula in midsummer. Historical data from the airport station shows that temperatures on 25 July have ranged from 28°C to 38°C over the past two decades, with the most common outcomes clustering between 33°C and 36°C.
The 3% implied probability assigned to this market likely reflects the specificity of the resolution criteria rather than genuine uncertainty about whether Madrid will be warm on that date. Traders should monitor European weather forecasting models from mid-July onwards, particularly the ECMWF and GFS systems, which typically provide reliable guidance five to ten days ahead. Anomalous heat waves driven by Saharan air masses or blocking high-pressure systems could push temperatures into the upper 38°C range, though such extremes remain statistically uncommon for this particular location and date. The settlement window closes at midday, capturing only morning and early afternoon readings, which may exclude the absolute daily maximum typically occurring in late afternoon.
Methodology
Sports-specific comparison page for Highest temperature in Madrid on July 25?. 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
- 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.
- 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.
- 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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