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%
Closed: Jun 18, 11:59 PM EST
Kalshi
This event concerns whether precipitation will occur in New York City on a specific date in June 2026. The outcome depends on whether any measurable rainfall is recorded at Central Park during that day.
If the number of inches of precipitation recorded at Central Park, New York on June 18, 2026 is strictly greater than 0, then the market resolves to Yes.
Prediction market odds often diverge from traditional weather forecasts because they incorporate real-money incentives and diverse trader perspectives. While meteorologists rely on atmospheric models and historical data, this market reflects what informed participants are willing to stake on the outcome. Traders may price in factors like seasonal patterns, climate trends, or recent weather volatility that formal forecasts weight differently. Over time, prediction markets have proven competitive with or superior to expert predictions in many domains, though weather forecasting remains inherently uncertain. Comparing the two approaches offers complementary insights into the probability of rain on that date.
On Kalshi, this market is priced through a continuous order-book mechanism where traders buy and sell shares representing yes or no outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of each share reflects the implied probability that it will rain in NYC on June 18, 2026, with higher prices indicating stronger trader conviction. You can place limit or market orders to enter or exit positions, and the spread between bid and ask prices tightens as liquidity increases. Kalshi's transparent pricing model ensures all participants see the same real-time odds.
This market resolves around Jun 19, 2026, after June 18, 2026 has passed. The outcome is determined by verifying whether measurable precipitation fell in New York City on that date, confirmed through credible public weather reporting and historical records. Once the event is verifiable, the market settles automatically, with winning positions paid out according to the final odds. Traders holding the correct outcome receive their proportional share of the pool, while incorrect positions expire worthless.
Several factors may shift odds in this market as June 2026 approaches. Seasonal weather patterns and long-range climate forecasts could influence trader positioning, especially as spring transitions to early summer. Major weather events or anomalies in the months leading up to the date may prompt reassessment of precipitation likelihood. Real-time meteorological updates closer to June 18 will likely drive the most significant price movements, as short-term forecasts become more reliable. News about climate conditions, El Niño or La Niña phases, or unusual atmospheric patterns could also sway trader conviction about rain in New York City.