Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Klarna UK) Pick polygram.ink (preferred broker) |
98% | 2% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Go to the live market → |
Polymarket (direct) polymarket.com |
98% | 2% | 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 |
|---|---|
| 29°C | 98% |
| 27°C | 1% |
| 28°C | 1% |
| 24°C or below | 0% |
| 25°C | 0% |
| 26°C | 0% |
| 30°C | 0% |
| 31°C | 0% |
| 32°C | 0% |
| 33°C | 0% |
| 34°C or higher | 0% |
Market context
Hong Kong’s lowest temperature on 11 August will be set by the Hong Kong Observatory’s official daily extract, so the market only resolves once the published “Absolute Daily Min” for that date is final. In practical terms, this is an overnight-minimum weather event, not a daytime temperature bet, and the key question is whether the city sees enough cloud, rain or wind to stop the usual pre-dawn cooling.
Seasonally, Hong Kong’s August lows are already warm: the Observatory’s 1991–2020 normals put 11 August’s mean minimum at 26.7°C, while other August climatology sources cluster night-time lows around 25.7–27°C. Recent Observatory reporting also shows how quickly minima can stay elevated in humid, unsettled weather; in 2023, the Observatory noted a minimum of 25.7°C on 11 August, described as the month’s lowest reading but still the highest monthly absolute minimum on record for August.[1][6][11] That history matters for a market currently pricing 0% YES, because the range of plausible outcomes is narrow and the settlement value is usually near the seasonal baseline rather than far from it.[1][11]
For traders, the main catalysts are the Observatory’s short-range forecasts, any tropical cyclone or thunderstorm warnings, and the timing of the final Daily Extract publication, which can lag the calendar date. On the funding side, book depth is often shaped by how easily participants can get cash in and out: fast deposits via card or Klarna-style on-ramp products tend to support more reactive trading, while lower-friction withdrawals through SEPA or USDC can keep capital cycling back into the book rather than sitting idle. That flow dynamic matters most in a thin weather market, where one or two active funders can move the price well before the official reading is posted.
Methodology
This page compares Lowest temperature in Hong Kong on August 11? 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
- 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.
- Which payment methods are supported?
- Klarna (Pay Now / Pay Later), SOFORT, SEPA bank transfer, credit card (Visa/Mastercard), Apple Pay, Google Pay, and direct USDC deposit on Polygon. Availability depends on your jurisdiction.
- 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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