Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via March Madness Predictions) Pick polygram.ink (preferred broker) |
48% | 52% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | See live odds → |
Polymarket (direct) polymarket.com |
48% | 52% | 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 |
|---|---|
| 29°C | 48% |
| 30°C | 28% |
| 28°C | 17% |
| 31°C | 7% |
| 27°C | 2% |
| 32°C | 2% |
| 33°C | 1% |
| 24°C or below | 0% |
| 25°C | 0% |
| 26°C | 0% |
| 34°C or higher | 0% |
Market context
Shanghai’s temperature on 9 August will be set by the highest reading in Weather Underground’s Daily Observations for Shanghai Pudong International Airport, not the headline day-high figure. The current setup points to a hot, wet day rather than a clear test of extreme heat: forecasters have Shanghai around the mid-20s to low-30s Celsius, with rain, cloud, and strong winds limiting the chance of a sharp midday spike.[2][3][5][9] That is why a 0% yes price for an extreme temperature band can be consistent with the market: traders are looking at a constrained intraday range, not just the warmest printed forecast.[1][2][15]
Comparable August readings in Shanghai usually sit in the high 20s to low 30s Celsius, with average highs around 87°F/31°C and only occasional excursions much higher.[1][14] Forecast services for this weekend also lean cooler and wetter than the monthly norm, with 9 August repeatedly flagged for heavy rain, overcast skies, and brisk winds.[2][3][6][9] In practical terms, the market is most sensitive to whether the airport station gets a brief pre-rain burst of warmth before the main rain bands arrive, because that would determine the daily maximum in the underlying observations table.[2][15]
For traders, the key catalysts are the timing and intensity of the rain, any thunderstorm warnings, and whether winds suppress daytime warming early enough to cap the peak before midday. AccuWeather currently has 9 August at 85°F with rain through much of the day, while other forecasters show a similar pattern of heavy precipitation and cloud cover.[2][3][6] The Shanghai Pudong station’s actual observation cadence on Weather Underground will matter more than broader city forecasts, so the market can still move if the airport records one warmer observation before rainfall becomes persistent.[15]
Methodology
Sports-specific comparison page for Highest temperature in Shanghai on August 9?. 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.
- 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.
- How fast do sports winnings settle?
- Once the official league outcome is logged in the UMA Oracle (typically 1-2 hours after the final whistle), Polymarket's smart contract triggers USDC payout. To your wallet within minutes.
- 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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