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Highest temperature in Hong Kong on August 20?

Live odds for "Highest temperature in Hong Kong on August 20?" pulled from the Polygon order book, alongside the platform attributes of every venue that runs this contract.

29°C 57% 30°C 36% 31°C 6% 32°C 1% Volume: $123K Liquidity: $78K Closes: 20 Aug 2026
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Highest temperature in Hong Kong on August 20?

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
Polymarket (via Prediction Today) Pick
polygram.ink (preferred broker)
57% 43% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle Live odds →
Polymarket (direct)
polymarket.com
57% 43% 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
29°C57%
30°C36%
31°C6%
32°C1%
33°C1%
27°C or below0%
28°C0%
34°C0%
35°C0%
36°C0%
37°C or higher0%

Market context

Hong Kong's peak temperature on 20 August 2026 will be recorded by the Observatory's official monitoring network and settled against the "Absolute Daily Max" figure published in their Daily Extract dataset. August sits firmly within Hong Kong's summer season, when heat and humidity typically peak; the month's historical daily maxima cluster between 31–33°C, with occasional excursions toward 34–35°C during particularly intense heat waves or when tropical systems approach.

The 0% crowd probability reflects genuine uncertainty about which specific temperature band will materialise on that date. August 2026 falls beyond the reliable seasonal forecast window, making prediction dependent on broader patterns: whether the Western Pacific subtropical high-pressure system dominates (favouring hotter conditions), or whether monsoon troughs or tropical cyclone activity moderates temperatures. Historical records show that roughly one in five August days in Hong Kong exceed 33°C, whilst temperatures above 34°C occur in perhaps 5–10% of August days across typical years.

Traders should note that the Hong Kong Observatory publishes daily data with a lag; the settlement window closes at midday on 20 August 2026, but actual resolution cannot occur until the Observatory finalises and publishes the Daily Extract for that date, which typically happens within days. Any tropical cyclone activity in the South China Sea during mid-August, or shifts in the monsoon pattern reported by regional meteorological services in the preceding week, would be material signals for temperature trajectories.

Methodology

This page reviews Highest temperature in Hong Kong on August 20? across five venues. The live probability is the Polymarket mid-price, sourced directly from the on-chain Polygon order book; the comparison columns benchmark each venue on fee structure, KYC, settlement currency and payment rails. Every CTA routes to Prediction Today, which mirrors the Polymarket order book at 0% fees.

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.

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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