Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Klarna UK) Pick polygram.ink (preferred broker) |
52% | 48% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Go to the live market → |
Polymarket (direct) polymarket.com |
52% | 48% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Go to the live market → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Go to the live market → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Go to the live market → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Go to the live market → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| 34°C | 52% |
| 35°C | 45% |
| 36°C | 2% |
| 28°C or below | 0% |
| 29°C | 0% |
| 30°C | 0% |
| 31°C | 0% |
| 32°C | 0% |
| 33°C | 0% |
| 37°C | 0% |
| 38°C or higher | 0% |
Market context
Hong Kong's summer heat peaks in August, with daily maxima typically ranging between 31–34°C during the second week of the month. The Hong Kong Observatory records absolute daily highs to one decimal place, making the settlement outcome dependent on precise meteorological measurement rather than broad temperature bands. August 12th, 2026 falls within the height of the southwest monsoon season, when humid tropical air masses dominate the territory and afternoon thunderstorms frequently develop.
Historical August data from the Observatory shows considerable year-to-year variation. The absolute maximum temperature recorded in Hong Kong across all Augusts stands at 36.3°C (August 1967), whilst more recent decades have seen peaks between 33–35°C. The 0% crowd probability reflects either extreme confidence in a specific temperature range or insufficient liquidity to establish meaningful odds. Market depth depends on deposit flows; traders using SEPA transfers or Klarna's deferred payment options typically enter positions gradually, and withdrawal friction via USDC or alternative rails can suppress late-stage position adjustments as the settlement window approaches.
Traders should monitor the Observatory's daily weather bulletins from early August 2026, particularly forecasts issued 5–7 days ahead, which gain accuracy for monsoon-season temperature extremes. The official "Daily Extract" publication schedule determines when final resolution data becomes available; delays in Observatory reporting have historically extended settlement timelines. Deposit availability and fee structures on the platform will influence whether marginal traders enter or exit positions in the final 48 hours before the 12 August noon settlement deadline.
Methodology
This page compares Highest temperature in Hong Kong on August 12? with a focus on payment rails and deposit friction. Polymarket accepts USDC on Polygon only; Kalshi only ACH/Plaid (US only); Betfair card/SEPA in EU/UK; Manifold no deposit. Polymarket Klarna UK additionally offers Klarna and SOFORT as fiat on-ramps to USDC. Live odds reflect the Polymarket order book.
Resolution & payout
Settlement path determines payout latency. Polymarket settles on-chain (USDC, minutes). Broker frontends like Polymarket Klarna UK add Klarna/SOFORT as fiat withdrawal options with T+1 processing. Kalshi: USD via ACH (T+1 to T+3). Betfair: local currency via card/SEPA (T+1 to T+5).
UK Frequently Asked Questions
- How does Klarna deposit work on Polymarket Klarna UK?
- You enter the deposit amount in EUR/GBP, choose Klarna as the method, run through Klarna's standard authentication (Pay Later or Direct Bank Transfer), and Polymarket Klarna UK converts internally to USDC for the Polymarket order book. Processing: typically under 30 minutes.
- What does SOFORT cost as a deposit method?
- Polymarket Klarna UK charges no fees for SOFORT. The only cost is the internal FX spread (typically <1%) on EUR→USDC conversion. SOFORT itself has no end-user fees — the platform absorbs acquirer costs.
- Can UK traders use Klarna to deposit on Polymarket?
- Polymarket does not natively accept Klarna. To fund a Polymarket account from the UK, you must first purchase USDC via a crypto exchange (Coinbase UK, Kraken) or Revolut, then transfer to a Polygon-compatible wallet. Some third-party on-ramps (MoonPay, Transak) accept UK debit cards and may support Klarna buy-now-pay-later for crypto purchases.
- What payment methods can UK users use for Polymarket?
- UK traders typically use: (1) Coinbase UK or Kraken — buy USDC with GBP debit card or bank transfer; (2) Revolut — buy crypto and send to wallet; (3) MoonPay or Transak — Visa/Mastercard UK debit card directly to USDC on Polygon. Standard GBP-to-USDC conversion fees range from 0.5–2.5%.
- How long do Polymarket withdrawals take for UK users?
- Polymarket withdrawals to your Polygon wallet are instant (on-chain). Converting USDC back to GBP via Coinbase UK or Kraken typically takes 1–3 business days for bank transfer, or near-instant for Revolut. Polygon gas fees are minimal (<$0.01 per transaction).
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