TOTAL VOLUME:
$134.2b
24H VOL:
$126,590,312
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,439,516,703
404,175
Markets across
30,277
events
MATCHED EVENTS:
2,685
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 4, 4:00 AM EST
Kalshi
The overnight low temperature in Las Vegas on June 3, 2026, will be recorded by the National Weather Service.
Prediction market odds on Kalshi reflect real-money consensus from traders betting on the lowest June 3 temperature in Las Vegas, whereas meteorological forecasts from the National Weather Service or private weather services rely on physics-based models and historical climate data. Markets often price in uncertainty and tail risks differently than traditional forecasts. By comparing Kalshi implied probabilities to published analyst predictions months in advance, you can identify whether traders expect more extreme outcomes or greater confidence in a particular temperature range than official forecasters do.
On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Kalshi, the lowest temperature outcome is priced as a binary or range-based contract reflecting trader demand for specific temperature thresholds. Prices move based on order flow, new weather model runs, and seasonal climate patterns. Traders buy contracts if they expect temperatures to fall below a given level and sell if they expect warmer conditions. The contract price directly translates to implied probability, so monitoring bid-ask spreads and volume on Kalshi reveals how confident the market is about June 3 conditions in Las Vegas.
The market resolves on Jun 4, 2026, after the close of trading on June 3, 2026. Resolution is determined by the actual lowest temperature recorded in Las Vegas on that date according to official weather station data. The specific measurement source and rounding convention are defined in the contract terms at the time of listing. Once the day concludes and the official low is confirmed, the outcome is locked in and all positions settle based on whether the realized temperature falls within or outside the specified contract range.
Major weather pattern shifts, seasonal climate anomalies, and updated long-range forecasts will drive odds on Kalshi. El Niño or La Niña conditions, jet stream positioning, and upper-atmosphere pressure systems can influence June temperatures months ahead. As June 3 approaches, short-range weather models become more reliable, triggering sharp repricing. Unusual heat waves or cold snaps in the southwestern U.S. may also shift trader expectations. Real-time atmospheric data releases and any significant climate events in the months leading up to June 2026 will be key catalysts for market movement.