Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Kalshi vs Polymarket) Pick polygram.ink (preferred broker) |
43% | 57% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | View on Polymarket → |
Polymarket (direct) polymarket.com |
43% | 57% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | View on Polymarket → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | View on Polymarket → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | View on Polymarket → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | View on Polymarket → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| 29°C | 43% |
| 28°C | 25% |
| 30°C | 18% |
| 27°C | 11% |
| 26°C | 7% |
| 31°C | 2% |
| 32°C | 1% |
| 25°C or below | 0% |
| 33°C | 0% |
| 34°C | 0% |
| 35°C or higher | 0% |
Market context
Munich's highest temperature on 14 July 2026 will be recorded at the airport weather station and resolved against Wunderground historical data. The current crowd-implied probability of 0% suggests traders are either awaiting settlement or treating this as a calibration exercise for a future iteration of the contract. July temperatures in Munich typically range between 20–27°C, though heat waves can push readings above 30°C. The settlement window closes at midday on the day itself, creating a compressed trading window once actual conditions become observable.
Historical July data from Munich Airport shows that extreme heat events—temperatures exceeding 32°C—occur roughly once every five to seven years in the region. The 2022 European heat wave saw Munich reach 35.2°C on 20 June, demonstrating the area's vulnerability to continental high-pressure systems. Current meteorological patterns and seasonal forecasts through early 2026 will inform whether traders expect anomalous warmth or typical summer conditions. The 0% implied probability may reflect either genuine consensus that the market's temperature brackets are poorly calibrated, or simply low trading activity ahead of the settlement window.
Traders monitoring this contract should track European weather forecasting updates from mid-July 2026 onwards, particularly any alerts from Deutscher Wetterdienst (DWD), Germany's national meteorological service. Atmospheric blocking patterns and jet-stream positioning in the week prior will signal whether high-pressure systems are likely to dominate central Europe. The resolution dependency on Wunderground's Munich Airport Station data means traders should verify the station's operational status and data availability as the settlement date approaches.
Methodology
This page is a comparison snapshot: one live quote, four reference venues with their key attributes, and a single execution path — every trade button routes to Kalshi vs Polymarket, which mirrors the Polymarket order book directly.
Resolution & payout
At resolution the UMA oracle takes over: a proposer posts the outcome with a bond, any token holder can dispute within two hours. Without dispute the result is accepted and the smart contract distributes USDC instantly.
On Kalshi (CFTC-regulated) resolution runs through their in-house clearing engine in USD. Betfair Exchange settles after match end in the account's local currency. Manifold pays no cash — only its in-platform "mana" currency.
FAQ
- Where can I trade this market with the lowest fees?
- Polymarket is geo-blocked in the US/UK/EU. The easiest 0%-fee broker into the same order book is Kalshi vs Polymarket. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- What's the difference between YES and NO shares?
- A YES share pays $1.00 if the event happens, $0 otherwise. A NO share pays $1.00 if the event doesn't happen. The market price between 0¢ and 100¢ is the implied probability.
- What does Polymarket cost to trade?
- Polymarket itself charges 0% — the only cost is the Polygon network fee, typically under $0.01 per transaction. Off-chain venues like Kalshi or Betfair charge 2-7% commission.
- Do I need to KYC for this market?
- On Polymarket directly, no — it's wallet-based. Intermediary brokers like Kalshi vs Polymarket trigger KYC only above $1,500 of lifetime trading volume; under that you trade pseudonymously with a single wallet address.
- How reliable are the quoted odds?
- The YES/NO percentages are the live mid-prices of the Polymarket order book. On deep markets they move every few seconds; on thinner ones you'll see short plateaus.
Trade Highest temperature in Munich on July 14? on Kalshi vs Polymarket
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