TOTAL VOLUME:
$134b
24H VOL:
$107,351,958
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,416,970,024
400,720
Markets across
30,097
events
MATCHED EVENTS:
2,633
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
$
This market on Kalshi tracks whether Houston will receive more than 1 inch of total precipitation during May 2026. The leading outcome currently stands at 99.0% probability. Resolution is determined by official precipitation data recorded at the CLIHOU weather station in Houston. Houston's subtropical climate typically brings substantial rainfall during late spring, making the threshold of 1 inch historically common for the month. Watch for weather patterns developing in late April and early May 2026, as spring storm systems and tropical moisture will be critical factors determining whether the station records exceed the 1-inch precipitation benchmark by the June 2, 2026 resolution date.
Prediction market odds reflect real-money bets from traders and often diverge from traditional meteorological forecasts. While seasonal climate models and the National Weather Service provide probabilistic rainfall outlooks for May in Houston, prediction markets incorporate trader expectations, historical patterns, and forward-looking sentiment. Markets tend to price in tail risks and uncertainty differently than statistical models. Comparing Kalshi odds to published climate forecasts and historical May rainfall data for Houston can reveal whether traders are pricing in above-average or below-average precipitation risk relative to expert consensus.
On Kalshi, Rain in Houston in May 2026 is priced as a binary contract with the top outcome currently trading at 100.0% probability. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders buy YES shares if they expect measurable rain in Houston during May 2026, or NO shares if they expect a dry month. The price reflects the market's collective estimate of rainfall likelihood, updated in real time as new information arrives. Kalshi's order book shows bid-ask spreads, allowing traders to enter or exit positions at varying price levels throughout the contract's lifetime.
The Rain in Houston in May 2026 market resolves on Jun 2, 2026, after May 2026 concludes and official precipitation data becomes available. Resolution hinges on whether measurable rainfall occurred in Houston during the calendar month of May 2026. The specific measurement criteria, data source, and threshold for "rain" are defined in the contract terms at the time of listing. Traders should review the full resolution rules on Kalshi before trading to understand exactly how the outcome will be determined and verified.
Several factors could shift market odds before resolution. Updated seasonal climate forecasts, El Niño or La Niña conditions, and long-range weather models released closer to May 2026 will influence trader expectations. Real-time weather patterns in spring 2026, including jet stream positioning and tropical activity, will drive price movements. Historical drought or flood conditions in Texas, atmospheric pressure systems, and soil moisture levels also matter. As May 2026 approaches, daily weather forecasts and actual precipitation events will create volatility. Traders monitor these signals continuously to adjust positions and capitalize on changing rain probability.