TOTAL VOLUME:
$134.2b
24H VOL:
$126,324,530
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,434,646,834
406,019
Markets across
30,401
events
MATCHED EVENTS:
2,689
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 6, 11:59 PM EST
Kalshi
Measurable precipitation will occur at Central Park in New York on June 6, 2026.
Prediction market odds reflect real-money consensus from traders on Kalshi, while traditional weather forecasts come from meteorological models and expert analysis. Markets often incorporate broader information and incentivize accuracy through financial stakes, whereas analyst forecasts rely on atmospheric data and historical patterns. For a June event months away, analyst forecasts may be less precise than closer-to-date predictions. Comparing Kalshi odds to National Weather Service or AccuWeather projections closer to June 6 can reveal whether traders are pricing in more or less rain risk than professional meteorologists expect.
On Kalshi, this event is priced as a binary contract: traders buy or sell shares betting YES (it will rain) or NO (it will not rain). On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The contract price reflects the market's implied probability, with higher prices indicating stronger belief in rain. Traders profit if their outcome occurs at resolution. Kalshi's order book and real-time pricing allow you to see exactly what other participants are willing to pay for each outcome, making the collective forecast transparent and continuously updated as new information or sentiment emerges.
The market resolves on Jun 7, 2026, after June 6 has passed and weather data for New York City can be verified. Resolution hinges on whether measurable precipitation fell in NYC on that calendar day. Official weather records from a designated source determine the final outcome, ensuring an objective, verifiable result. Once resolved, traders holding winning shares receive their payout, and losing shares expire worthless. The exact measurement threshold and data source are specified in the market's terms to eliminate ambiguity.
Several factors can shift odds on Kalshi before resolution. Long-range weather pattern changes, such as shifts in jet stream positioning or tropical storm development, may alter rain probability. As June 6 approaches, updated seasonal forecasts and extended-range models become available, allowing traders to refine their bets. Major climate or atmospheric anomalies announced in the coming months could also influence expectations. Additionally, trader sentiment and new information flow typically drive price movement closer to the event date, making the market more responsive to the latest meteorological guidance and real-time atmospheric conditions.