TOTAL VOLUME:
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OPEN INTEREST:
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399,592
Markets across
30,097
events
MATCHED EVENTS:
2,622
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 27, 11:59 PM EST
Kalshi
This event concerns whether measurable precipitation will fall at Central Park in New York City on June 27, 2026. The outcome depends on recorded rainfall that day, regardless of the amount, as long as it exceeds zero inches.
If the number of inches of precipitation recorded at Central Park, New York on June 27, 2026 is strictly greater than 0, then the market resolves to Yes.
Prediction market odds reflect real-money bets from traders who profit only if their forecast proves correct, creating a powerful incentive for accuracy. Traditional weather analysts and meteorological models offer probabilistic forecasts based on atmospheric data and historical patterns, but they do not face direct financial consequences for misforecasts. This market aggregates dispersed trader knowledge into a single price, often capturing information faster than official forecasts update. Comparing the two can reveal where professional meteorologists and market participants diverge on rainfall likelihood for that specific date in New York City.
On Kalshi, this market is priced through a continuous order-book mechanism where traders buy and sell shares representing "yes" (rain occurs) and "no" (no rain) outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Prices range from 0 to 100, with each point representing a 1% implied probability. Traders submit limit and market orders, and the current bid-ask spread reflects the tightest prices at which shares can be bought or sold right now. As new information emerges or trader sentiment shifts, the market price adjusts in real time to reflect updated consensus.
This market resolves around Jun 28, 2026, after June 27, 2026 has passed and rainfall data becomes available. The outcome is confirmed once credible public sources—such as National Weather Service records or major meteorological databases—report whether measurable precipitation fell in New York City on that date. Resolution typically occurs within hours or a few days of the event, depending on data publication timing. Traders who backed the correct outcome receive their winnings, while incorrect positions expire worthless.
Major weather pattern shifts, seasonal climate forecasts, and updated atmospheric models can all influence trader positioning in this market. As June 2026 approaches, short-range forecasts from the National Weather Service and European weather models will carry increasing weight. Tropical systems, jet stream positioning, and high-pressure systems developing weeks or days before the event may trigger significant repricing. Real-time radar and satellite imagery in the days immediately before June 27 will likely drive the sharpest moves, as traders react to the most current meteorological data available.