Title: How's the weather? Sunny with a chance of $? Post by: stompix on June 27, 2025, 02:30:47 PM If I get no takers after this, I give up! ;D
People hated : - the idea of betting on war (https://bitcointalk.org/index.php?topic=5546769.0) (not my topic) - betting on the return of Christ (https://bitcointalk.org/index.php?topic=5546856.msg65487814#msg65487814)because of morality - taking a bet on the 2028 election (https://bitcointalk.org/index.php?topic=5546405.msg65471828#msg65471828) cause it's too early Then, how about the weather? Does anyone have a problem with betting on the weather? ::) And yeah ladies and gentlemen, the volume the continous betting on NYC temperature has a volume of $45 million, 38 for Chicago, and 20 mills for Denver, at which point I am willing to bet with any non-American that 9 out 10 will need 5 tries to point it on amap with a radious of 100 miles! So, to put things into perspective, Americans are betting on the daily weather in 3 cities, the daily GDP of Salvador! Any takers? Title: Re: How's the weather? Sunny with a chance of $? Post by: Oshosondy on June 27, 2025, 02:40:58 PM I am not from the United States, so that will not make me go for a bet like this. You mean to be betting on New York weather, I can not do it. If it is about betting on my town's weather, I can bet on it because I can still try to predict what will happen in my environment about weather.
So, to put things into perspective, Americans are betting on the daily weather in 3 cities, the daily GDP of Salvador! I noticed you like comparing something like to to a country. Why do you like to ridicule a country, like El Salvador on this thread? Title: Re: How's the weather? Sunny with a chance of $? Post by: stompix on June 27, 2025, 02:49:11 PM I noticed you like comparing something like to to a country. Why do you like to ridicule a country, like El Salvador on this thread? What is the ridicule? It's a fact! Also, Americans bet more on sports $148 Billion (https://frontofficesports.com/americans-bet-148-billion-on-sports-in-2024-up-23-6/) a year, that's the GDP of Slovakia (https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)), the whole gambling industry is at 240 billion and I'm not going to name the country in that range because people seem to be easily triggered! I simply chose Salvador because that's one country that pops up every time on this forum, so my guess was that everyone was familiar with it! Ah, also, people bet on the weather in NYC more than my city's monthly budget, do you think I am ashamed of it or something? It's an example, you know, like "banana for scale" ;) Title: Re: How's the weather? Sunny with a chance of $? Post by: YOSHIE on June 27, 2025, 03:03:25 PM Then, how about the weather? Not too bad betting to predict the weather, it looks like we will be beaten every time they bet with those graduated from the Faculty of Meteorology, We are truly tested in the world of gambling, no sense for those who do not take a nap and night to gamble.Does anyone have a problem with betting on the weather? ::) What if other betting ideas. For example: How many missiles today are released by Iran to Israel and Israeli missiles to Iran, how to suit. https://zizihub.com/3a9446.jpg Quote So, to put things into perspective, Americans are betting on the daily weather in 3 cities, the daily GDP of Salvador! What nonsense is the idea of US people.Title: Re: How's the weather? Sunny with a chance of $? Post by: Davidvictorson on June 27, 2025, 03:17:02 PM Then, how about the weather? Betting on the weather is lovely and I kind of wonder if people stick to the weather channel or some weather apps before they make their bets or they just make their bets off of what they think the weather would look like. This is like a cultural betting based on countries. In my country, we don't pay so much attention on the weather so much as to consider putting our money on it. I will look that these predicition websites with relations to my country and what what other cultural or country related betting that it done. Does anyone have a problem with betting on the weather? ::) Title: Re: How's the weather? Sunny with a chance of $? Post by: rachael9385 on June 27, 2025, 03:32:14 PM This is more reasonable out of all the options provided on the poly market but considering the fact that I'm not in NYC I can't place a bet on it. It's okay to bet on this even though you don't live in that particular region, after all it's a bet. Personally, I would only bet on the whether In my own country, this doesn't mean I have a guarantee of getting it right but I would have high chances of making the right predictions
Title: Re: How's the weather? Sunny with a chance of $? Post by: AprilioMP on June 27, 2025, 03:36:43 PM If you're a true gambler, you can bet on anything. This is the first time I know that in America you can bet on the level of heat.
The world is indeed in a hot spell. It's also hot where I am, but not 71°. I'm curious about this bet because it's a unique bet. Certainly those who don't live there won't have much idea what the weather prediction is for betting. Title: Re: How's the weather? Sunny with a chance of $? Post by: r_victory on June 27, 2025, 03:56:17 PM I have seen a lot of criticism of this type of bet, and it really is a bet without any sense or purpose, but that is what the betting market makes possible, we can bet on practically anything. At least this is not a bet that violates anyone's ethics, morals, or beliefs. If it were about the weather in Brazil, I would even risk a guess. ;D
For example, statistics could be studied by analyzing the weather history in the same period as the bet, resources to make decisions are available to everyone. Title: Re: How's the weather? Sunny with a chance of $? Post by: giammangiato on June 27, 2025, 04:03:04 PM Crazy! This is really cool, the idea is brilliant, fun and above all original.
Betting on war is a pain just to talk about, betting on the coming of Christ well it is bordering on madness, but betting on the weather with the help of meteorology and the various tools to calculate the climate, could be a winning idea! It never ceases to amaze me. Title: Re: How's the weather? Sunny with a chance of $? Post by: bias on June 27, 2025, 04:09:25 PM If you're a true gambler, you can bet on anything. This is the first time I know that in America you can bet on the level of heat. The world is indeed in a hot spell. It's also hot where I am, but not 71°. I'm curious about this bet because it's a unique bet. Certainly those who don't live there won't have much idea what the weather prediction is for betting. Polymarket is the only known betting platform that specializes in such "unfamiliar" bets, and you don't need to be an American to bet there on the weather or any other "crazy" thing. You can even create your own bet on almost everything. I'm not a fan regarding weather bets, weather has become very unpredictable for all. Title: Re: How's the weather? Sunny with a chance of $? Post by: d5000 on June 27, 2025, 04:33:45 PM Interesting. While climate is unpredictable, you can consult a lot of statistics to make an informed decision so I think it's not a bad idea in general. It's not much different than sports betting.
There are actually some options for London too. But I see much lower volumes for the current weather bets ... in the thousands of USD, not millions? However, it may be difficult to really "get going" that temperature betting habit. You need to create a bet for every single day. Perhaps something like the weekly or monthly highest temperature would be better to gather more volume. Title: Re: How's the weather? Sunny with a chance of $? Post by: crwth on June 27, 2025, 04:37:16 PM Wow, I didn't expect something like this because you could really get the temperature with the weather app or something. People are really so creative with what they can bet on, and I didn't expect this to be weather.
I'm pretty concerned with this knowing that simple things like this turn into gambling. It's just concerning Title: Re: How's the weather? Sunny with a chance of $? Post by: Aanuoluwatofunmi on June 27, 2025, 04:43:17 PM I may not be interested in some of the previous threads regarding their topics and line of discussion, but this i must confess is so interesting to me and I can bet on it, whether has to do with predictions on it self, because the forecast may go well or not, depending on the risk and conditions surrounding it, to bet on a weather could be more interesting and we can even get some hint from the forecast, though not all are being accurate as expected.
Title: Re: How's the weather? Sunny with a chance of $? Post by: Cryptoprincess101 on June 27, 2025, 04:53:30 PM Does anyone have a problem with betting on the weather? ::) I don't have a problem with those betting on the weather, after all it's all prediction despite that it is backed by meteorology but i wonder why anyone who is not a Meteorologist will bet on the weather because it will just be like a blind bet since they don't have the Meteorological knowledge to make exact or close prediction of the weather. I can't bet on what i do not understand on my own conviction. Seems everything is becoming a bet now and i wouldn't be surprised to see bets like when the first rain will fall in my country, hahaha. Title: Re: How's the weather? Sunny with a chance of $? Post by: Fiatless on June 27, 2025, 04:56:51 PM Any takers? This is more reasonable out of all the options provided on the poly market but considering the fact that I'm not in NYC I can't place a bet on it. It's okay to bet on this even though you don't live in that particular region, after all it's a bet. Personally, I would only bet on the whether In my own country, this doesn't mean I have a guarantee of getting it right but I would have high chances of making the right predictions I would prefer to bet on the weather of states in the US because fairly accurate data might be available. I am not sure my country's meteorological agency might not be effective since they lack modern technology and manpower. Title: Re: How's the weather? Sunny with a chance of $? Post by: Slow death on June 27, 2025, 04:59:30 PM It's unbelievable that people are spending money to bet on the weather. Maybe they are people with great knowledge about the weather. I don't know if there is any website that shows information about whether there are people who are getting it right and making a lot of money with these weather bets.
If we had this data, we could see how many people are actually getting it right and how much money they are making. Because the only explanation I can find for people betting on the weather could be that they have great meteorological skills and are getting the predictions right. In any case, I wouldn't bet on it. Title: Re: How's the weather? Sunny with a chance of $? Post by: Rruchi man on June 27, 2025, 05:06:50 PM Then, how about the weather? I think if people are bored betting on sports and the other options that they can bet on, then betting on the weather may not be a bad choice entirely because it is well within moral standards to me. My annoyance with trying to bet on some other events, especially those that have people being hurt, is that it's a bit insensitive considering that there are people hurting and then there are other people like us trying to bet on it, but for things like the weather, there is nobody getting hurt on the other side, and it is just an innovative, casual way to keep things interesting for people who like to bet. I stay in a region that is characterized by regular rainfall, and if there's an option for me to usually bet on the weather around me, I will not mind that.Does anyone have a problem with betting on the weather? ::) Title: Re: How's the weather? Sunny with a chance of $? Post by: Ojima-ojo on June 27, 2025, 05:16:09 PM I am not from the United States, so that will not make me go for a bet like this. You mean to be betting on New York weather, I can not do it. If it is about betting on my town's weather, I can bet on it because I can still try to predict what will happen in my environment about weather. People have the right to think sarcastically and you shouldn't be surprised to hear others expression of their thoughts on others countries.So, to put things into perspective, Americans are betting on the daily weather in 3 cities, the daily GDP of Salvador! I noticed you like comparing something like to to a country. Why do you like to ridicule a country, like El Salvador on this thread? On betting on weather I think we have to be clearly in the known to be able to predict what the weather will be in the next day, so being in that location is very important, and for that we shouldn't be betting on United States whereas we are in India or Israel, so let say if we need to bet of the weather it should be that of our own location. Title: Re: How's the weather? Sunny with a chance of $? Post by: Cointxz on June 27, 2025, 05:20:31 PM If you're a true gambler, you can bet on anything. This is the first time I know that in America you can bet on the level of heat. The world is indeed in a hot spell. It's also hot where I am, but not 71°. I'm curious about this bet because it's a unique bet. Certainly those who don't live there won't have much idea what the weather prediction is for betting. This is not only in America but literally everywhere or any event in the world since anyone can place a betting option on anything that can be open for prediction based on possible outcome. This is the effect of Polymarket trend globally. The first time I saw unique betting option is on Futuur but Polymarket makes it popular due to the decentralized feature it offers to player. Title: Re: How's the weather? Sunny with a chance of $? Post by: Agbamoni on June 27, 2025, 05:21:23 PM I can bet on the weather you know! Very possible If I am residing over there, and to be honest I will surely win in many bet, since I dont see it as big deal.
If you understand data and trends very well, betting on the weather of any country wont be a serious problem, as long as you fit make close predictions anyone can win. Also, as long as it has nothing to do with betting on spiritual things too. Title: Re: How's the weather? Sunny with a chance of $? Post by: Solosanz on June 27, 2025, 05:39:14 PM This is not fair because Meteorologists know more than the average people.
It's crazy that the difference of each bet was just 1°, I think it's possible for people who bet much money to manipulate the weather. I would avoid to bet in this kind event, if we compare from the 4 events including this one, better to bet on war because it's more unpredictable and no one know what the president will do. Title: Re: How's the weather? Sunny with a chance of $? Post by: Odusko on June 27, 2025, 05:43:08 PM This is not fair because Meteorologists know more than the average people. In this case I think meteorologists are blacklisted from taking the bets, but the bigger question is if how we are going to know which player is a weather forecasters and hard insider information, this time is we against the weather man let see how this goes, between I like the idea overall.It's crazy that the difference of each bet was just 1°, I think it's possible for people who bet much money to manipulate the weather. I would avoid to bet in this kind event, if we compare from the 4 events including this one, better to bet on war because it's more unpredictable and no one know what the president will do. Title: Re: How's the weather? Sunny with a chance of $? Post by: CryptoHeadlineNews on June 27, 2025, 05:44:30 PM So, to put things into perspective, Americans are betting on the daily weather in 3 cities, the daily GDP of Salvador! And not only American, because recently I came across an app while browsing on Twitter (X) called "GoWagr" that enable users place a bet on basic activities, both social media and none and stand a chance of winning real money if you are able to predict the exact outcome. Just as the one given above, whereby people predicting what could be the highest temperature in New York city. And judging by the fact that since the variable been gambled upon are activities which people could easily relate with, that's one criteria that could result to it having large number of people wishing to try their luck. Because with options like gambling if "Will Elon Musk next post on X get 70M views in 24hrs?" Likewise that of Trump and Ronaldo. https://talkimg.com/images/2025/06/27/UuiySw.jpeg So, for those who will wish to give this a try can go to play store to download the "GoWagr" app Title: Re: How's the weather? Sunny with a chance of $? Post by: Mia Chloe on June 27, 2025, 06:05:22 PM Then, how about the weather? Wouldn't it be easier for them to cheat on something like this? I'm saying this because many weather forecast do make predictions of how the weather will be before that particular day in fact some of them even make it weeks before that day. That aside , if people are not able to cheat via weather forecast, then they will totally be depending on luck unless someone has the opinion he's able to predict the weather without necessary equipments.Does anyone have a problem with betting on the weather? ::) Anyways I don't know if it's just me but I find it a little bit weird dating on the weather likewise the other ones you made especially the one that talks about the coming of Christ. Title: Re: How's the weather? Sunny with a chance of $? Post by: bitbollo on June 27, 2025, 06:07:51 PM crazy risky bets but ... in the meanwhile these are really fun since anyonce can play and make his guess.
pay attention however. in my opinion these markets have a clear bias since some "users" could have more and better information than yours! Title: Re: How's the weather? Sunny with a chance of $? Post by: Ultegra134 on June 27, 2025, 06:09:02 PM It's unbelievable that people are spending money to bet on the weather. Maybe they are people with great knowledge about the weather. I don't know if there is any website that shows information about whether there are people who are getting it right and making a lot of money with these weather bets. Nah, I highly doubt it. From my perspective, people are just messing around. I knew that Polymarket offered any kind of unimaginable bet, but weather? Really? Just like Stompix has posted and highlighted himself, I've seen war bets, political bets, Jesus' return, and now weather. I wanted to check myself and saw a wide variety of "unique" bets. I just stumbled upon a bet on whether Zelensky will wear a suit before July or the daily max temperature of London today. The intriguing thing is that millions of dollars have been placed on such bets.If we had this data, we could see how many people are actually getting it right and how much money they are making. Because the only explanation I can find for people betting on the weather could be that they have great meteorological skills and are getting the predictions right. In any case, I wouldn't bet on it. Title: Re: How's the weather? Sunny with a chance of $? Post by: promise444c5 on June 27, 2025, 06:21:15 PM Alright, now this makes more sense than Betting on War and return of Jesus.
I can bet on weathers anyways if available for my country but could there be possibility of wrong weather forecast from medias/sources ;D just thinking about it anyways I don’t know if someone does have a good answer.. not all weather forecast are accurate btw but could this increase the chance of having even more of it ? Bonus meme: https://www.talkimg.com/images/2025/06/27/Uuip0I.gif Title: Re: How's the weather? Sunny with a chance of $? Post by: Su-asa on June 27, 2025, 06:30:30 PM I am not from the United States, so that will not make me go for a bet like this. You mean to be betting on New York weather, I can not do it. If it is about betting on my town's weather, I can bet on it because I can still try to predict what will happen in my environment about weather. At some point you actually need to bet on games or anything that you know more about so that you can understand what you are wagering your money into. However, betting on the weather is really not a bad idea but you can't bet on the weather if a city you don't know but only hear the name. However, if you bet on such thing with someone that leaves around that city just have in mind that he will win because he can actually predict it or use Google to get good analysis. Title: Re: How's the weather? Sunny with a chance of $? Post by: Oluwa-btc on June 27, 2025, 06:53:39 PM Then, how about the weather? Does anyone have a problem with betting on the weather? So, to put things into perspective, Americans are betting on the daily weather in 3 cities, the daily GDP of Salvador! I don't necessarily see or find it bad to bet on things that seem not important but the gambling perspective have been broaden to suit gamblers end product of enjoying the game and fun it brings but mostly it's not so important to bet on things such as war and some chaotic occurrence but in the aspect of the weather, you definitely can't bet on things you know nothing about which is why one need to study the weather so well.cause people bet on things as this all for the love of gambling. Title: Re: How's the weather? Sunny with a chance of $? Post by: DaNNy001 on June 27, 2025, 07:27:49 PM It's not a bad idea to predict the weather, I would pick this over betting on the coming of Christ or the war going on because it seems more ethical... Betting on this in my country is going to be kinda easy, but it's going to be more difficult when you are predicting the weather of a country that you don't live in..This actually makes more sense than the other options you listed initially,The poly market really makes a lot of random things available in the market
Title: Re: How's the weather? Sunny with a chance of $? Post by: KTChampions on June 27, 2025, 07:44:11 PM If I get no takers after this, I give up! ;D People hated : - the idea of betting on war (https://bitcointalk.org/index.php?topic=5546769.0) (not my topic) - betting on the return of Christ (https://bitcointalk.org/index.php?topic=5546856.msg65487814#msg65487814)because of morality - taking a bet on the 2028 election (https://bitcointalk.org/index.php?topic=5546405.msg65471828#msg65471828) cause it's too early Then, how about the weather? Does anyone have a problem with betting on the weather? ::) And yeah ladies and gentlemen, the volume the continous betting on NYC temperature has a volume of $45 million, 38 for Chicago, and 20 mills for Denver, at which point I am willing to bet with any non-American that 9 out 10 will need 5 tries to point it on amap with a radious of 100 miles! So, to put things into perspective, Americans are betting on the daily weather in 3 cities, the daily GDP of Salvador! Any takers? Hmmm... I probably don't understand weather forecasting very well, but perhaps the average outcome should have the least probable odds? Similar to a draw in games with three outcomes? If so, then it is worth betting on the first or third outcome as they are undervalued. Of course, my theory is wrong if weather forecasters (i mean scientists) can predict the weather with the highest accuracy and the average outcome fairly reflects this probability. And yes, I am surprised by the volume of bets, maybe there are some whales trying to make a profit here? But they must be playing against someone, do enough bettors really want to guess the weather. Title: Re: How's the weather? Sunny with a chance of $? Post by: Reatim on June 27, 2025, 07:48:07 PM Then, how about the weather? good for bored people and people who have mastered the weather of their city lol i know that some countries may hate betting on their own weather because it’s too unpredictable Does anyone have a problem with betting on the weather? ::) i think australian weather is unpredictable from what i’ve heard (cmiiw) i can see myself winning a few dollars in this tbh Title: Re: How's the weather? Sunny with a chance of $? Post by: Obim34 on June 27, 2025, 08:16:36 PM In this case I think meteorologists are blacklisted from taking the bets, but the bigger question is if how we are going to know which player is a weather forecasters and hard insider information, this time is we against the weather man let see how this goes, between I like the idea overall. The big question is what disapproves the bet if one side knows best, it will be a life changing turn around if they decide to get involved with the bet. I have used weather forecast stations to watch the weather, and multiple times it has been right. Since the prediction is based on range it is easier to make prediction.Betting on weather is comfortable than Christianity and War. Title: Re: How's the weather? Sunny with a chance of $? Post by: Odusko on June 27, 2025, 08:48:35 PM In this case I think meteorologists are blacklisted from taking the bets, but the bigger question is if how we are going to know which player is a weather forecasters and hard insider information, this time is we against the weather man let see how this goes, between I like the idea overall. The big question is what disapproves the bet if one side knows best, it will be a life changing turn around if they decide to get involved with the bet. I have used weather forecast stations to watch the weather, and multiple times it has been right. Since the prediction is based on range it is easier to make prediction.Betting on weather is comfortable than Christianity and War. Title: Re: How's the weather? Sunny with a chance of $? Post by: Josefjix on June 27, 2025, 09:19:36 PM Op, is that futuur betting platform? Since I saw ohms to using for staking, that's what players use as alternative to crypto options.
I can bet on the weather you know! Very possible If I am residing over there, and to be honest I will surely win in many bet, since I dont see it as big deal. I don't think you can win all bets even if you reside in the region, there are times the clouds will seems very dark and ready for rain, but it won't rain at the end. There are times also the clouds is radiating with hot sun but suddenly heavy rain will start dropping while there was no signalvof rain coming.So it's just too hard to predict weather outcomes even if you follow the statistics from the TV channel. Title: Re: How's the weather? Sunny with a chance of $? Post by: Agbamoni on June 27, 2025, 09:43:49 PM ] I don't think you can win all bets even if you reside in the region, there are times the clouds will seems very dark and ready for rain, but it won't rain at the end. There are times also the clouds is radiating with hot sun but suddenly heavy rain will start dropping while there was no signalvof rain coming. So it's just too hard to predict weather outcomes even if you follow the statistics from the TV channel. Did I say I can win all bet? I dont think say because that will be an exaggeration. I remember using the word "many". And yeah I will win many because it doesn't take long to start studying the weather of another country before getting used to it. Also, it wont be difficult if you follow the weather forecast channel more often before you start betting on the outcomes in polymarket. Title: Re: How's the weather? Sunny with a chance of $? Post by: acroman08 on June 27, 2025, 09:45:53 PM How does the betting work on this? I mean, does the betting stop(stop being able to buy shares) a day before the actual date or 2 days before that? I mean, weather news can be accurate with their weather prediction and whatever their news is for June 27 would heavily influence how people bet.
Title: Re: How's the weather? Sunny with a chance of $? Post by: Churchillvv on June 27, 2025, 09:59:03 PM Bet no one will go against this one because it's definitely not so biased but however only indegenous people of America or those who live over there can be part of the gamble while the rest of us from other part of the world only see how it goes.
I assume this bet is more cool compared to the old ones that were attacked because one can use statistics, historical changes to determine the next weather in any area hence it's even possible to participate from anywhere because records are there on the internet even AI could generate the stats for you. Title: Re: How's the weather? Sunny with a chance of $? Post by: uneng on June 27, 2025, 09:59:35 PM It must be similar to betting on cryptocurrencies' prices. You can bet on different margins for the specific day. If the temperature stays between 25,1 - 28 celsius degrees it's one alternative, 28,1 - 31 C° it's another one, and so on... The period of 24 hours must be analyzed, but how to award winners, then?
The temperature during the final second of the day is what matters after all, or the temperature margin which lasted for most time along the day is responsible for the winning? I like the concept. It looks much better than betting on wars' outcomes. At same time, it's a very risky category of bet, as weather is quite unpredictable sometimes. Title: Re: How's the weather? Sunny with a chance of $? Post by: robelneo on June 27, 2025, 10:40:16 PM The statistics are very attractive, and this could set off a new trend in betting. Betting on the weather is a good option, as it's more preferable than betting on wars and topics that are out of range. It's a localized bet that will attract bettors and create good statistics if the city happens to be a popular one.
Many of us will not participate in this one because it's location-based, but if you can do your research, you have a good chance of winning. The ones that will likely win here are people who are more familiar with the weather in the better cities. Title: Re: How's the weather? Sunny with a chance of $? Post by: Hispo on June 27, 2025, 11:24:32 PM I was aware it was possible to access markets specifically intended for gamblers to bet on the weather on specific regions of the United States or Europe, but I always thought I had not business betting on those markets as I don't live there in those countries and the only source of information I would have in the case I wanted to bet, would be the weather forecast, which is public information and something most of those gamblers have already taken a look at before placing their bets, so I would be in a disadvantage against the rest of the bettors whole live in the city whose weather i am betting in.
If there was a market for people of my city to bet, I would give it a chance and see if I am a good weather forecaster and can capitalize some profit out of it, in the mean time I would rather focus on sports and some casinos games I already know. Title: Re: How's the weather? Sunny with a chance of $? Post by: Odusko on June 27, 2025, 11:46:31 PM This is more reasonable out of all the options provided on the poly market but considering the fact that I'm not in NYC I can't place a bet on it. It's okay to bet on this even though you don't live in that particular region, after all it's a bet. Personally, I would only bet on the whether In my own country, this doesn't mean I have a guarantee of getting it right but I would have high chances of making the right predictions I think what will help alot of interested gambler on this weather bet is that, poly market should allow the bet open to players based on the geographical location because countries have their speculiar weather results and for that letting gambler to bet based on their own country and location will help a lot, but poly market is not available in all the countries around the world.Title: Re: How's the weather? Sunny with a chance of $? Post by: Patikno on June 28, 2025, 02:14:51 AM Then, how about the weather? I don't think there is a problem with betting on the weather, because I don't think there have been any incidents that have happened to it, unless we are betting on weather that has the potential to cause an incident like a tornado, or even betting on weather that has the potential to cause casualties. So, in conclusion, what you mentioned would be fine, but I think it would be difficult to predict which weather is not in our area or its surroundings, because we can more easily predict the weather if we can predict it through previous events, which we can usually find out through that. Actually, this is interesting, but it has the risk of many wrong guesses if it is on meDoes anyone have a problem with betting on the weather? ::) Title: Re: How's the weather? Sunny with a chance of $? Post by: Fundamentals Of on June 28, 2025, 02:33:18 AM I don't see any problem betting on the weather. I don't even mind if weather agencies and bureaus are giving forecasts every hour of the day. They are mostly wrong anyway. With all their knowledge, equipment, charts, etc. it seems their predictions are not much different from gamblers' predictions.
I remembered our local weather bureau reminding us to bring our umbrellas during the day because there's a high chance of rain. There was no rain but they were so right about the umbrellas. The sun was angry. Title: Re: How's the weather? Sunny with a chance of $? Post by: danherbias07 on June 28, 2025, 05:21:26 AM I like this. But maybe it is my country's weather. :D
I mean, I am not really knowledgeable about the weather of the United States of America, but I know there are a lot of fans of their weather, especially fathers. If it is betting on our country's weather, then I might really join in and try my luck if I have the right prediction about it. I always drop my wife off in the morning at her office, so I do try to look at the weather first, especially this rainy season in our city. So, I do sometimes have an idea of what might happen the next day, although it's not always accurate. Still, it's a good way to have some fun with a bit of money at risk. Title: Re: How's the weather? Sunny with a chance of $? Post by: giammangiato on June 28, 2025, 05:41:32 AM I have thought a lot about this type of bet and I only have one doubt, especially if you bet on the temperature.
For example, if I want to know the temperature in my area right now and I go and look at several important websites that deal with weather, they will have different data (by a little) but it would still not be an exact result for the bet. On what data is the bet based? Maybe I missed something. Title: Re: How's the weather? Sunny with a chance of $? Post by: traderethereum on June 28, 2025, 05:47:23 AM I think that will be fine to betting on the weather. That will be general thing that we can bet than to the specific thing such as religion, war, life, or else. Its like we bet for fun and not too serious and no hard feeling.
Besides that, if we only use small funds to bet, that will be okay because we don't risk too much. Gamblers can bet on anything they like and not take too long to see the result and who will be the winner. Title: Re: How's the weather? Sunny with a chance of $? Post by: Kelward on June 28, 2025, 06:15:03 AM Crazy! This is really cool, the idea is brilliant, fun and above all original. I can totally relate with betting on the weather, a bettor can get busy and analyze what they think the weather will be and hopefully make money off it. Better than some prediction bets that I've seen on this board which many people with moral values and deep respect for human lives cannot consider to bet on. It's ok to bet on the weather, elections and the rest, it'll it is fun especially when you're using small money for it, you won't bother whether you win or lose. I think prediction bets are here to stay, let us bet on what our conscience allows.Betting on war is a pain just to talk about, betting on the coming of Christ well it is bordering on madness, but betting on the weather with the help of meteorology and the various tools to calculate the climate, could be a winning idea! It never ceases to amaze me. Title: Re: How's the weather? Sunny with a chance of $? Post by: Zlantann on June 28, 2025, 06:37:54 AM I have thought a lot about this type of bet and I only have one doubt, especially if you bet on the temperature. For example, if I want to know the temperature in my area right now and I go and look at several important websites that deal with weather, they will have different data (by a little) but it would still not be an exact result for the bet. On what data is the bet based? Maybe I missed something. You asked a very important question. Different weather forecast channels might give different temperature readings at a particular time. The issue might now be which prediction will be used to determine the winner. Maybe the government-controlled weather agency might be the best to determine the condition at a time. Privately owned platforms might be biased in their reports. But it seems the betting will not be in specific temperatures at a particular time. But general bets like "New York City would have the highest temperature today". Wth this it will be easy to determine winners. Title: Re: How's the weather? Sunny with a chance of $? Post by: viljy on June 28, 2025, 06:50:47 AM Well... If I were a meteorologist, I would definitely bet on the weather. I suppose it would be something like a reliable business for me. However, it is possible that this is exactly the case for someone. Weather forecasting technologies have made great strides.
And here's another interesting piece of news https://english.elpais.com/science-tech/2025-06-24/spanish-mathematician-javier-gomez-serrano-and-google-deepmind-team-up-to-solve-the-navier-stokes-million-dollar-problem.html If scientists solve this problem with the help of AI, they will be able to even more accurately predict the movement of air masses, and hence the weather. Title: Re: How's the weather? Sunny with a chance of $? Post by: Moreno233 on June 28, 2025, 07:08:40 AM And yeah ladies and gentlemen, the volume the continous betting on NYC temperature has a volume of $45 million, 38 for Chicago, and 20 mills for Denver, at which point I am willing to bet with any non-American that 9 out 10 will need 5 tries to point it on amap with a radious of 100 miles! This is absolutely funny and shows how people will be able to integrate gambling into their daily lives. Let's keep the risk aside, I can imagine the level of fun that comes with this type of gambling. This is also a pointer to how much gambling can influence our daily lives in the future. So, to put things into perspective, Americans are betting on the daily weather in 3 cities, the daily GDP of Salvador! It is becoming obvious that America maintain the number one spot in gambling. As a kid , I watch several American movies that has different types of gambling activities. Title: Re: How's the weather? Sunny with a chance of $? Post by: bubilas on June 28, 2025, 09:05:47 AM If I get no takers after this, I give up! ;D People hated : - the idea of betting on war (https://bitcointalk.org/index.php?topic=5546769.0) (not my topic) - betting on the return of Christ (https://bitcointalk.org/index.php?topic=5546856.msg65487814#msg65487814)because of morality - taking a bet on the 2028 election (https://bitcointalk.org/index.php?topic=5546405.msg65471828#msg65471828) cause it's too early Then, how about the weather? Does anyone have a problem with betting on the weather? ::) And yeah ladies and gentlemen, the volume the continous betting on NYC temperature has a volume of $45 million, 38 for Chicago, and 20 mills for Denver, at which point I am willing to bet with any non-American that 9 out 10 will need 5 tries to point it on amap with a radious of 100 miles! So, to put things into perspective, Americans are betting on the daily weather in 3 cities, the daily GDP of Salvador! Any takers? This is already absolute madness and the last extreme of adequacy. As an example, we can start looking: in which direction will a cockroach run, which we will put on the table and will bet on it. However, it is hard to argue with the fact that such crazy things that people bet on show the very essence of the casino, that in fact it does not matter what we bet on, we just need excitement and some unstable chances of the outcome, and that's it: everyone will be ready to have fun and watch it. Title: Re: How's the weather? Sunny with a chance of $? Post by: Oshosondy on June 28, 2025, 09:49:48 AM This is already absolute madness and the last extreme of adequacy. As an example, we can start looking: in which direction will a cockroach run, which we will put on the table and will bet on it. If this is absolute madness, that means all games and bets are absolute madness. I think so people will do it for money and not just only fun, but also fun though. Do not be surprised if cockroach that can run in just many directions is brought to a casino for people to gamble on which direction it will run to, do not be surprised that people will bet on it. That is how gambling has been and it is also fun to watch.However, it is hard to argue with the fact that such crazy things that people bet on show the very essence of the casino, that in fact it does not matter what we bet on, we just need excitement and some unstable chances of the outcome, and that's it: everyone will be ready to have fun and watch it. Title: Re: How's the weather? Sunny with a chance of $? Post by: Dr.Bitcoin_Strange on June 28, 2025, 10:11:21 AM I learned that meteorologists have their professional ways of studying the weather and climate change before forecasting the weather conditions, so how is it possible that a non meteorologist can accurately read and state what the weather will look like for that day or are those set of gamblers going to bet just based on random assumption of what the weather will do that day? Am not familiar with this kinds of bet so am just asking out of curiosity. What if meteorologists who knows about the weather too well involves in this kind of bet, would they not be so profitable? I just keep wondering, man, @stompix.
Title: Re: How's the weather? Sunny with a chance of $? Post by: yahoo62278 on June 28, 2025, 10:19:25 AM There are tons of weather apps out there that can give you a fairly decent range of what the temperature of anywhere in the world will be. How can they possibly make money betting this? Seems like they would lose and lose big honestly.
I feel like they are making up bets for just about anything these days. As if there is not enough to be on already. It's kind of getting ridiculous if ya ask me. Title: Re: How's the weather? Sunny with a chance of $? Post by: stompix on June 28, 2025, 02:22:29 PM There are tons of weather apps out there that can give you a fairly decent range of what the temperature of anywhere in the world will be. How can they possibly make money betting this? Seems like they would lose and lose big honestly. The market can't lose, they make money out of the fees. Anyhow, here is the link to the bet https://kalshi.com/markets/kxhighny/highest-temperature-in-nyc for today https://www.talkimg.com/images/2025/06/28/UupEg3.png so you have most of the bets in between 82o and 87o for people using normal Celsius, it's between 27.77C and 30.55C, so quite the tight spot, I don't know a single app that would be able to claim it can nail it to 1 degree Celsius, for example, Accuweather warned me Thursday of 33C and it ended 36C max. I think the only possible way to game this is to wait till the last minute and do some averages from all apps to maybe come close to what the NWS will agree the temperature was. Honestly, I will look into this, check on three apps what they say one day before for the next day, and see what the actual result was. Title: Re: How's the weather? Sunny with a chance of $? Post by: OgNasty on June 28, 2025, 02:34:41 PM I like the fact that you rhymed sunny and money in the title. Kudos for that. I’m going to steal that and use it going forward.
Where I’m at it is no joke though. We’re already touching 110 degrees. I’m having to wake up at 6am to do my outside activities. Even then it is 80 degrees outside… Title: Re: How's the weather? Sunny with a chance of $? Post by: KTChampions on June 28, 2025, 03:25:33 PM The market can't lose, they make money out of the fees. Anyhow, here is the link to the bet https://kalshi.com/markets/kxhighny/highest-temperature-in-nyc for today https://www.talkimg.com/images/2025/06/28/UupEg3.png so you have most of the bets in between 82o and 87o for people using normal Celsius, it's between 27.77C and 30.55C, so quite the tight spot, I don't know a single app that would be able to claim it can nail it to 1 degree Celsius, for example, Accuweather warned me Thursday of 33C and it ended 36C max. I think the only possible way to game this is to wait till the last minute and do some averages from all apps to maybe come close to what the NWS will agree the temperature was. Honestly, I will look into this, check on three apps what they say one day before for the next day, and see what the actual result was. I think you need to earn here not by guessing but by trading odds. Right now I checked the quotes and they are already slightly different, that is, if you have a bet that has moved in the right direction, then you can already close it in profit. The question is what is the platform commission? If it is small enough not to interfere with constantly buying and selling odds, then I would look at trading as a way to make a profit. The most important thing is to understand what levels are fair in order to trade deviations from them. Title: Re: How's the weather? Sunny with a chance of $? Post by: DaNNy001 on June 28, 2025, 10:58:05 PM I can bet on the weather you know! Very possible If I am residing over there, and to be honest I will surely win in many bet, since I dont see it as big deal. If you understand data and trends very well, betting on the weather of any country wont be a serious problem, as long as you fit make close predictions anyone can win. Also, as long as it has nothing to do with betting on spiritual things too. It seems easy until you actually get started with it, sometimes betting on the weather can be very complicated especially when the weather is tricky, these are some obstacles you would face when you are betting on this... betting on the weather seems fair enough, but the weather is something that cannot always be predicated or controlled, the goal is to entertain yourself with the game Title: Re: How's the weather? Sunny with a chance of $? Post by: |MINER| on June 28, 2025, 11:08:43 PM If I get no takers after this, I give up! ;D I think betting on weather is much better than betting on the three topics discussed above. Because these things make me cringe more. I actually came across all three of the above topics, but I didn't try to comment on any of them because they weren't very interesting. People hated : - the idea of betting on war (https://bitcointalk.org/index.php?topic=5546769.0) (not my topic) - betting on the return of Christ (https://bitcointalk.org/index.php?topic=5546856.msg65487814#msg65487814)because of morality - taking a bet on the 2028 election (https://bitcointalk.org/index.php?topic=5546405.msg65471828#msg65471828) cause it's too early Then, how about the weather? Does anyone have a problem with betting on the weather? ::) But to be honest, when I enter the poly market, I feel like dying laughing when I see the different types of betting categories. I'm actually more worried about how many more worst bets could come out here, especially with this huge amount of volume. ::) Title: Re: How's the weather? Sunny with a chance of $? Post by: Dr.Bitcoin_Strange on June 29, 2025, 08:22:25 AM There are tons of weather apps out there that can give you a fairly decent range of what the temperature of anywhere in the world will be. How can they possibly make money betting this? Seems like they would lose and lose big honestly. I feel like they are making up bets for just about anything these days. As if there is not enough to be on already. It's kind of getting ridiculous if ya ask me. I don't know that there are apps that can do that perfectly but if really the apps can come up with decent results, such bet should not be added because it would be easy to know the result, unless the bookmaker has a way of manipulating the bet in such a way that it won't favour the bettors as much as I thought. People mostly talk about the weather all day, so the providers of such bet obviously have a target audience that will be interested to bet on anything. Title: Re: How's the weather? Sunny with a chance of $? Post by: stompix on June 29, 2025, 01:02:30 PM I forgot to write down the temperature for yesterday, so the archive shows the actual weather was right, but I don't know if they don't update that!
So, let's do a little experiment Accuweather https://www.accuweather.com/en/us/new-york/10021/weather-forecast/349727 - Sunday 88 - Monday 87 - Tuesday 86 of course, they might change that so I iwll check each day before 2pm. Now.. weather.com shows https://weather.com/weather/tenday/l/98e8083bb7de0fc467fd1e22a1692f8f200343e4e0acc3b3fc31e71d29113b54 - Sunday 92!!!! - Monday 88 - Tuesday 91 Here is the market https://www.talkimg.com/images/2025/06/29/UuW9ra.png I'm starting to believe betting on the weather is riskier than betting on horses! I think you need to earn here not by guessing but by trading odds. Right now I checked the quotes and they are already slightly different, that is, if you have a bet that has moved in the right direction, then you can already close it in profit. The question is what is the platform commission? Quote fees = round up(0.07 x C x P x (1-P)) P = the price of a contract in dollars (50 cents is 0.5) C = the number of contracts being traded round up = rounds to the next cent It's late Sunday....no, no, and no way I'm even trying to fully understand this. But buying 100 contracts at 10 cents (0.07x100x0.1x(1-0.1)) > 7x0.1x0.9 > 0.63??? 63 cents for $10 worth of contracts, 6.3%?????? Title: Re: How's the weather? Sunny with a chance of $? Post by: Porfirii on June 29, 2025, 02:09:37 PM When you bet on football, you may not agree with the result because of that penalty that shouldn't have been whistled as such, or that offside that went unnoticed, but in general there is consensus. In other bets there is almost no room for doubt, like in the example above, it's hard to go wrong about which horse crossed the line first.
But, when different apps give different temperature results for the same city in the same day, which one is right? what happens if a sensor is poorly calibrated and gives a value a little above normal? of if there are no sensors in the warmer part of the city that day and the "official" results are lower than the true ones? Although the weather is something objectively calculable, I don't think we have data with the necessary accuracy in most parts of the world, and the risk of tampering is always there. Title: Re: How's the weather? Sunny with a chance of $? Post by: Sandra_hakeem on June 29, 2025, 03:51:45 PM Polymarket is the only known betting platform that specializes in such "unfamiliar" bets, and you don't need to be an American to bet there on the weather or any other "crazy" thing. That's more of an average American thing you know ;DI didn't even know people could predict and bet on the weather -- so is that supposed to mean that people could just follow up an early "weather forecasting" program/schedule, pick some odds with a familiar time zone, wager on them and win plenty money -- since 85% of the forecasting comes out as predicted? It's kind of funny, but I'm curious anyway. Quote You can even create your own bet on almost everything. I'm not a fan regarding weather bets, weather has become very unpredictable for all. Climate change has a lot of affecting factors that makes it almost impossible to predict any weather condition -- from Global warming, to melting glaciers (as a result of the global warming) etc. If this is about the fun derived rather than the money, there's nothing fun about it.Title: Re: How's the weather? Sunny with a chance of $? Post by: Hispo on June 29, 2025, 05:16:24 PM When you bet on football, you may not agree with the result because of that penalty that shouldn't have been whistled as such, or that offside that went unnoticed, but in general there is consensus. In other bets there is almost no room for doubt, like in the example above, it's hard to go wrong about which horse crossed the line first. But, when different apps give different temperature results for the same city in the same day, which one is right? what happens if a sensor is poorly calibrated and gives a value a little above normal? of if there are no sensors in the warmer part of the city that day and the "official" results are lower than the true ones? Although the weather is something objectively calculable, I don't think we have data with the necessary accuracy in most parts of the world, and the risk of tampering is always there. I guess those who have decided to bet on the weather on in this platform have agreed in the terms of Service that the webpage would only use a single provider of data about the weather as an referee and according to that single source of information, both winners and losers would be decided. If I had to bet, they may be using data provided by either AccuWeather or Google Weather, which are highly popular and anyone can have access to their forecast from any smartphone or computer. It would be quite disastrous if those betting sites had to give credit to different applications or sources of information on the weather, like TV broadcast channels in the United States, since it would be contradictory information. So, that is why one need to pay attention to the terms of service and see which is the source of weather information which is considered valid for settling bets, before even jumping into depositing and playing on this market. Title: Re: How's the weather? Sunny with a chance of $? Post by: Agbamoni on June 29, 2025, 10:27:05 PM It seems easy until you actually get started with it, sometimes betting on the weather can be very complicated especially when the weather is tricky, these are some obstacles you would face when you are betting on this... betting on the weather seems fair enough, but the weather is something that cannot always be predicated or controlled, the goal is to entertain yourself with the game Is it more tricking than when you bet on dog race, sport teams you barely know of, including e-sports? Of course, it doesn't come easily, it has to be complicated for the odds to vary (high and low. There are options there, something like summer-winter-autumn or maybe in temperature (degrees Celsius). So obviously closest prediction will win. Title: Re: How's the weather? Sunny with a chance of $? Post by: Alphakilo on June 29, 2025, 10:52:51 PM It seems easy until you actually get started with it, sometimes betting on the weather can be very complicated especially when the weather is tricky, these are some obstacles you would face when you are betting on this... betting on the weather seems fair enough, but the weather is something that cannot always be predicated or controlled, the goal is to entertain yourself with the game I think that betting on the weather should actually be easy.In those countries where they do it, there are all types of tools to get the data to get the exact weather information. For example, I know that on my phone there is a weather app that gives the forecast for at least the next five days. And from monitoring it, it has been like very correct. But maybe it isn't simple as I think, if they bring in other parameters into the bet. Title: Re: How's the weather? Sunny with a chance of $? Post by: stompix on June 30, 2025, 12:05:18 PM So, both Accuweather and Weather.com were wrong!
Accuweather showed 88 Max, Weather 92, NWS said it was 89 https://forecast.weather.gov/product.php?site=OKX&product=CLI&issuedby=NYC Quite funny, the market was going against the predictions by the apps but got it right, which is a bit amazing! I'm trying it just for fun, one more time for Monday - Accuweather 87° - Weather 87° They agree, let's see if they get it right this time, the market is as follows https://www.talkimg.com/images/2025/06/30/UuxEzm.png But, when different apps give different temperature results for the same city in the same day, which one is right? what happens if a sensor is poorly calibrated and gives a value a little above normal? of if there are no sensors in the warmer part of the city that day and the "official" results are lower than the true ones? It's in the rules, the settlement is by the National Weather Service, like in the link I posted above! Title: Re: How's the weather? Sunny with a chance of $? Post by: kotajikikox on June 30, 2025, 01:54:25 PM I learned that meteorologists have their professional ways of studying the weather and climate change before forecasting the weather conditions, so how is it possible that a non meteorologist can accurately read and state what the weather will look like for that day or are those set of gamblers going to bet just based on random assumption of what the weather will do that day? Am not familiar with this kinds of bet so am just asking out of curiosity. What if meteorologists who knows about the weather too well involves in this kind of bet, would they not be so profitable? I just keep wondering, man, @stompix. Have you never tried to predict the weather? Not for money or anything but just because you will be affected by said weather so you hope to know. Besides even with fancy tools and tech, meteorologists are sometimes wrong. When people go out in the morning, they feel like it might rain so they bring an umbrella. It is things like that that have been turned into a bet. |