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Highest temperature in Busan on August 15?

Live odds for "Highest temperature in Busan on August 15?" pulled from the Polygon order book, alongside the platform attributes of every venue that runs this contract.

32°C 100% 25°C or below 0% 26°C 0% 27°C 0% Volume: $53K Liquidity: $315K Closes: 15 Aug 2026
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Highest temperature in Busan on August 15?

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
Polymarket (via Prediction Today) Pick
polygram.ink (preferred broker)
100% 0% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle Live odds →
Polymarket (direct)
polymarket.com
100% 0% 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
32°C100%
25°C or below0%
26°C0%
27°C0%
28°C0%
29°C0%
30°C0%
31°C0%
33°C0%
34°C0%
35°C or higher0%

Market context

Busan's peak temperature on 15 August 2026 will be measured at Gimhae International Airport Station and resolved against Weather Underground's Daily Observations table. The 0% crowd probability suggests traders expect the market's threshold to sit above realistic August highs for the region, though without visibility on the specific temperature bands offered, the pricing reflects either extreme confidence in moderate conditions or a mismatch between expected outcomes and available resolution ranges.

August temperatures in Busan historically cluster between 28–32°C as daily highs, with occasional peaks above 33°C during heat waves. The city's coastal position moderates extremes compared to inland Korean regions, though the monsoon transition period (mid-August) can produce variability. Weather Underground's Daily Observations data from Gimhae has tracked reliably through previous summers, though discrepancies between the station's raw readings and the platform's summary figures have occasionally required clarification in similar markets.

The critical variable for August 2026 will be whether a Pacific high-pressure system dominates the peninsula during mid-month or whether monsoon moisture and cloud cover prevail. South Korea's Meteorological Administration typically issues extended forecasts by late July; traders should monitor their mid-range models (10–14 day outlooks) released in early August for signals of heat dome development. Sea surface temperatures in the Korea Strait and the timing of the summer monsoon's retreat will shape whether Busan experiences typical August warmth or anomalous heat, directly affecting whether temperatures breach whatever threshold this market's resolution bands specify.

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 Prediction Today, which mirrors the Polymarket order book directly.

Resolution & payout

Settlement runs on-chain. Polymarket's contract logic separates YES and NO shares as conditional tokens; at resolution the winning share lifts to $1.00 and the losing one to $0. The outcome input comes from the UMA Optimistic Oracle, which secures against bad resolution with a bond + dispute window.

Once finalised, the smart contract pays USDC to the holders' wallets within minutes — no withdrawal fees beyond Polygon network gas. Kalshi settles in USD via CFTC clearance, Betfair in account currency net of commission, Manifold in play-money mana with no cash-out.

UK Frequently Asked Questions

Is this market available outside the US?
Polymarket itself is geo-blocked in the US/UK/EU. Always check the legal status of prediction markets in your jurisdiction before trading.
How does resolution work?
Through the UMA Optimistic Oracle on Polygon: a proposer submits the outcome, a two-hour challenge window opens, and USDC payouts settle automatically once the result is final.
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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