TOTAL VOLUME:
$134b
24H VOL:
$103,397,351
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,410,176,180
399,592
Markets across
30,097
events
MATCHED EVENTS:
2,622
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
$
This event tracks the maximum temperature recorded in Las Vegas on June 1, 2026, according to the National Weather Service's daily climatological report.
Prediction market odds on Kalshi reflect real-time trader expectations for Las Vegas's peak temperature on June 1, 2026, while meteorological forecasts from the National Weather Service and climate analysts rely on atmospheric modeling and historical seasonal patterns. Markets often incorporate broader information, including long-range climate trends and trader sentiment, whereas traditional forecasts emphasize physics-based models. Comparing the two reveals whether traders are pricing in more extreme heat than meteorologists predict, or vice versa. Significant divergence may signal either market inefficiency or emerging climate signals not yet reflected in official forecasts.
On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Kalshi, the highest temperature in Las Vegas on June 1, 2026 is priced as a series of outcome contracts, each representing a specific temperature range or exact value. Traders buy and sell shares reflecting their belief in whether the actual high will fall within that range. The price of each contract directly implies a probability: a contract trading at 0.65 suggests a 65 percent chance of that outcome occurring. As traders update their views based on seasonal forecasts, climate patterns, and real-time data, prices adjust continuously. Liquidity and trading volume on each outcome determine how easily traders can enter or exit positions.
The market resolves on Jun 2, 2026, after the highest temperature in Las Vegas on June 1, 2026 has been officially recorded. The outcome is determined by the actual peak temperature observed on that date, as reported by the relevant meteorological authority. Once the official high temperature is published, the corresponding outcome contract is settled at full value, and all other contracts expire worthless. This objective, verifiable data source ensures transparent and dispute-free resolution, allowing traders to collect winnings based on accurate temperature records.
Several factors could shift odds before resolution. Long-range climate forecasts and seasonal outlooks updated by meteorologists may indicate warmer or cooler conditions for early June. Ocean temperature anomalies, jet stream patterns, and atmospheric pressure systems influence desert heat. Major weather events or climate reports released in the months leading up to June 1 could alter trader expectations. Historical temperature records for that date and regional drought conditions also inform market pricing. As June 1 approaches, short-range weather models become more reliable, typically causing sharper price movements as traders incorporate increasingly precise forecasts into their positions.