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Highest temperature in Munich on July 27?

How the prediction-market book is pricing "Highest temperature in Munich on July 27?" right now, with a side-by-side platform comparison and zero-fee CTAs.

25°C 98% 26°C 4% 21°C or below 0% 22°C 0% Volume: $77K Liquidity: $158K Closes: 27 Jul 2026
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Highest temperature in Munich on July 27?

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
Polymarket (via Prediction Today) Pick
polygram.ink (preferred broker)
98% 2% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle Live odds →
Polymarket (direct)
polymarket.com
98% 2% 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
25°C98%
26°C4%
21°C or below0%
22°C0%
23°C0%
24°C0%
27°C0%
28°C0%
29°C0%
30°C0%
31°C or higher0%

Market context

Munich's weather on 27 July 2026 will be shaped by typical summer patterns across Bavaria, where late July temperatures regularly exceed 25°C and frequently reach into the low 30s. The settlement hinges on the single highest reading recorded at Munich Airport Station throughout that calendar day, measured against defined temperature bands. Current market pricing at 0% suggests traders are heavily weighted towards specific temperature ranges, though the settlement window remains twelve months away.

Historical data from Munich Airport shows July averages around 24°C, with record highs in the low-to-mid 30s Celsius. The station's readings tend to track broader European summer conditions; notably, July 2022 saw Munich experience temperatures exceeding 35°C during an extended heatwave, whilst more moderate years see peak daily temperatures in the 27–30°C range. These precedents establish the baseline against which current probabilities should be calibrated.

Traders monitoring this market should track European weather forecasting updates as July 2026 approaches, particularly any signals from the German Meteorological Institute (Deutscher Wetterdienst) regarding high-pressure systems or Atlantic weather patterns that could drive anomalous heat. Seasonal climate outlooks released in spring 2026 will provide early indication of whether conditions favour above or below-average temperatures. The specific resolution mechanism—using Wunderground's historical data for Munich Airport Station—means the market depends entirely on actual recorded readings rather than forecasts, eliminating interpretation risk once the date passes.

Methodology

Methodologically we separate two layers: the live probability (Polymarket mid-price) and the platform attributes (fee, KYC, settlement currency, payment rails). That keeps the comparison honest — a single canonical probability across the row, with the venue-by-venue trade-offs spelt out in the columns next to it.

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 Prediction Today. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
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.
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.
How fast are USDC deposits?
Polygon credits deposits after 12 confirmations — usually under 30 seconds. Withdrawals follow the same path and land back in your wallet within minutes.
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.
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