Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Is Kalshi Legit) Pick polygram.ink (preferred broker) |
97% | 3% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | See live odds → |
Polymarket (direct) polymarket.com |
97% | 3% | 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 |
|---|---|
| 26°C | 97% |
| 27°C | 4% |
| 21°C or below | 0% |
| 22°C | 0% |
| 23°C | 0% |
| 24°C | 0% |
| 25°C | 0% |
| 28°C | 0% |
| 29°C | 0% |
| 30°C | 0% |
| 31°C or higher | 0% |
Market context
On 17 August 2026, the highest temperature recorded at Gimhae International Airport Station in Busan will be measured and reported via Weather Underground's Daily Observations table. Busan's August climate typically sees daytime highs between 28–32 °C, though heat waves can push readings above 35 °C. The resolution hinges on the specific station data rather than summary forecasts, meaning intraday peak temperatures matter more than averaged figures.
Historical August temperatures at Gimhae show considerable year-to-year variation. Between 2015 and 2024, recorded highs ranged from 29 °C to 36 °C on comparable dates, with extreme heat events (above 34 °C) occurring roughly once every three years during mid-August. The current crowd probability of 0% suggests traders are pricing in a below-consensus outcome or awaiting clearer seasonal forecasting data. Comparable Korean meteorological stations show that late-summer heat waves typically correlate with Pacific high-pressure systems and tropical moisture influx from the southwest.
Traders should monitor the Korea Meteorological Administration's seasonal outlook, typically released in July, which flags heat-wave risk for August. Real-time catalysts include mid-July upper-air pattern forecasts from the European Centre for Medium-Range Weather Forecasts (ECMWF) and the US Global Forecast System (GFS), both of which inform 10–15 day confidence in high-temperature ranges. Typhoon activity in early August could suppress temperatures by introducing cloud cover and precipitation, whilst a stalled anticyclone would elevate them significantly. Weather Underground's historical data feed remains the binding reference; discrepancies between its Daily Observations and Day High & Low sections must resolve in favour of the former.
Methodology
This overview of Highest temperature in Busan on August 17? reviews the four comparable platforms from a regulatory perspective: which is accessible in your jurisdiction, where KYC kicks in, how the platform is classified by your country of residence. Live probability is the Polymarket mid; comparison columns show regulatory status, KYC thresholds and settlement options for each platform.
Resolution & payout
On Polymarket, resolution runs on-chain via UMA Optimistic Oracle. USDC payout is instant and automatic, with no KYC. Tax treatment depends on your jurisdiction — in the US, gains are usually ordinary income; in the UK, often capital gains. Consult a tax professional for your situation.
FAQ
- Is Polymarket legal in my country?
- Polymarket is geo-blocked in the US/UK/EU. Actual usage via the Polymarket interface is not possible there. The legal status itself varies — many countries treat prediction markets as a gray area. Is Kalshi Legit has a different geo footprint.
- Do I need to KYC for Is Kalshi Legit?
- Not for lifetime trading volume under $1,500. Above that threshold, a quick KYC flow kicks in — ID, selfie, approximately 5-10 minutes. The threshold matches FATF travel standards for unregulated crypto platforms.
- How are winnings taxed?
- Tax treatment varies by jurisdiction. In most countries, prediction market gains are treated as ordinary income or capital gains. We cannot provide tax advice — consult a tax professional for your specific situation.
- Can I trade anonymously?
- Pseudonymously, yes — up to the KYC threshold. Is Kalshi Legit stores an email address and wallet addresses rather than a legal name. Over $1,500 lifetime volume triggers KYC, after which identity is no longer anonymous.
- Are prediction markets gambling?
- Legally unclear in most jurisdictions. Some interpretations classify them as wagering (gambling regulation applies), others as derivatives (financial regulation applies). There's no global precedent specifically for on-chain prediction markets.
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