TOTAL VOLUME:
$134.2b
24H VOL:
$126,324,530
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,434,646,834
406,019
Markets across
30,401
events
MATCHED EVENTS:
2,689
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 16, 2:00 AM EST
Kalshi
This event tracks the lowest temperature recorded in Houston on June 15, 2026. The outcome will be determined by the official National Weather Service daily climatological report for Houston-Hobby Airport, which measures the minimum temperature reached during that calendar day.
Resolution is based on the minimum temperature recorded at Houston-Hobby Airport on June 15, 2026, as reported in the National Weather Service's Climatological Report (Daily). The official data source is accessed via the NWS Houston office website under the Observed Weather section for Houston-Hobby with Daily Climate Report selected. Temperature readings are divided into six consecutive ranges: 72°F or below, 73-74°F, 75-76°F, 77-78°F, 79-80°F, and 81°F or above. Each range corresponds to a separate market outcome that resolves to Yes if the recorded minimum temperature falls within that range. Traders should note that preliminary NWS data may be subject to rounding and conversion nuances, and the final official NWS Climatological Report (Daily) serves as the authoritative source, superseding other weather services.
Prediction market odds often diverge from traditional weather analyst forecasts because they reflect real-money incentives and collective trader judgment rather than a single model or institution's view. While meteorologists rely on physics-based simulations and historical data, this market aggregates the beliefs of many participants betting on the actual outcome. Analysts may issue point forecasts or confidence ranges, whereas traders here express conviction through price. Over time, markets have proven competitive with or superior to expert predictions on weather events, though they can also overshoot during periods of uncertainty or low liquidity. Comparing the two approaches offers valuable perspective on where consensus lies.
On Kalshi, this market is priced through an order-book mechanism where traders buy and sell shares corresponding to different temperature ranges or outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of each outcome reflects supply and demand; as more traders believe a particular low-temperature scenario is likely, its price rises, and vice versa. Kalshi's matching engine ensures transparent price discovery, with all trades executed at posted bid-ask spreads. You can enter limit or market orders to express your forecast, and the platform displays real-time depth and historical trade data so you can assess liquidity before committing capital.
This market resolves around Jun 16, 2026, once the lowest temperature recorded in Houston on June 15, 2026 is verified and finalized. The outcome is confirmed through credible public reporting of official weather data. Until that point, traders can continue to buy and sell positions as new information and forecasts emerge. Once the event occurs and the temperature is officially recorded, the market settles based on which outcome bracket or range the actual low temperature falls into, and all positions are paid out accordingly.
Several factors could shift odds significantly before June 2026. Major weather pattern changes—such as shifts in the jet stream, tropical systems, or high-pressure systems affecting Texas—would alter trader expectations. Updated seasonal forecasts from meteorological agencies or climate models could trigger repricing. Unusual heat waves or cold snaps in the months leading up to mid-June might influence how traders perceive the likelihood of extreme lows. Real-time weather alerts and model consensus updates in early June will likely drive the most volatile moves. Long-range uncertainty means early positions may face substantial swings as the event date draws closer and forecasts become more precise.