TOTAL VOLUME:
$154.6b
24H VOL:
$323,326,361
24H TRANSACTIONS:
2,984,640,614
OPEN INTEREST:
$1,969,435,260
419,363
Markets across
40,411
events
MATCHED EVENTS:
4,612
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 31, 11:59 PM EST
Kalshi
This event tracks whether Denver will experience significant rainfall during October 2026. The outcome depends on the total precipitation measured at a specific weather station, with different thresholds defining a 'Yes' result. Participants can assess various rainfall levels to gauge the likelihood of a wet month.
The event determines if total precipitation at the CLIDEN weather station in Denver exceeds specified thresholds during October 2026, resolving to 'Yes' if any threshold is met. Each market corresponds to a different rainfall amount, from above 1 inch up to above 7 inches. The official measurement comes from the corresponding TWC Report (Daily), ensuring consistency despite variations across weather data sources. All markets share this verification method, with the final analysis based solely on the reported October total.
Comparing prediction market odds to analyst forecasts reveals how collective intelligence stacks up against expert opinion. Generally, prediction markets often outperform traditional polls or individual analyst predictions, as they incorporate a wider range of information and incentivize accurate forecasting. While specific analyst forecasts for rainfall in Denver in October 2026 are limited this far in advance, this market allows for a dynamic assessment of probability that will evolve as more data becomes available. It’s a fascinating way to see how crowd wisdom evolves versus static expert opinions.
On Kalshi, this market is priced using a continuous double auction, meaning buyers and sellers set the prices based on their beliefs about the likelihood of rain in Denver during October 2026. Contracts are priced between 0 and 100, representing the probability of the 'yes' outcome (rain exceeding the threshold). On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. As more traders participate, the price converges towards what the market believes is the true probability. The current price reflects the aggregated sentiment of all participants, offering a real-time assessment of expectations.
This market resolves around Nov 2, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. Specifically, the resolution will be based on official rainfall data recorded in Denver during the month of October 2026. The exact rainfall threshold that determines a 'yes' or 'no' outcome is defined within the market’s specifications on Kalshi. Traders will be able to see the final data and how it aligns with the market outcome shortly after the resolution date.
Several factors could significantly influence this market between now and its resolution. Long-range weather forecasts, particularly those released closer to October 2026, will be closely watched. Major shifts in climate patterns, such as the development of a strong El Niño or La Niña event, could also impact expectations. Additionally, any news regarding water conservation efforts in the Denver area or changes in regional weather trends could move the market. Finally, increased trading volume driven by new information or broader market interest will contribute to price discovery.