Learn to bet on daily temperature, rainfall, hurricanes, tornadoes, and climate trends using Polymarket’s decentralized platform. Use Wethr.net for weather forecasts to inform your bets.
Get StartedPolymarket is a decentralized, crypto-based prediction market platform that allows global users to bet on weather events like daily temperatures, rainfall, hurricanes, tornadoes, and long-term climate trends. Contracts are priced in USDC (a stablecoin pegged to USD) and settled using official data from sources like the National Weather Service (NWS), NOAA, National Hurricane Center (NHC), or IPCC.
Weather markets include daily bets (e.g., “Will Miami’s high exceed 85°F tomorrow?”), monthly bets for hurricanes and tornadoes (e.g., “Will 5+ hurricanes occur in September?”), and long-term climate bets (e.g., “Will global temperature rise by 1°C by 2030?”). Use Wethr.net for forecasts and historical data to guide your bets.
Follow these steps to start betting on weather markets with Polymarket:
Download a crypto wallet like MetaMask or Coinbase Wallet. Create an account, secure your seed phrase, and connect to the Polygon network (Polymarket’s blockchain). No KYC is required, ensuring privacy.
Purchase USDC on an exchange (e.g., Coinbase, Binance) and transfer it to your wallet on the Polygon network. Polymarket uses USDC for all bets. Start with a small amount (e.g., 50 USDC) to test the platform.
Visit Polymarket.com, click “Connect Wallet,” and select your wallet (e.g., MetaMask). Approve the connection to access Polymarket’s markets.
Browse Polymarket’s weather-related markets, such as daily temperature, rainfall, hurricanes, tornadoes, or climate trends. Each market lists the contract question, settlement date, and data source (e.g., NWS, NOAA).
Before betting, visit Wethr.net to analyze forecasts and historical data. For example, check Miami’s temperature trends or global climate data to estimate probabilities.
Select a contract (e.g., “Yes” for “Will a hurricane form in the Atlantic tomorrow?”) and enter the number of contracts. Contracts cost $0.01–$0.99 each, reflecting probability. Polymarket charges no trading fees, but withdrawals incur a 1.5% fee.
Track your bet in Polymarket’s interface. Contracts settle after the event (e.g., next day for daily markets) using NWS/NOAA data. If you win, your payout ($1 per contract) is credited to your wallet, withdrawable with a 1.5% fee.
Let’s walk through a daily hurricane bet on Polymarket:
Market: “Will a tropical storm form in the Atlantic on May 11, 2025?” (Settled using NHC data).
Research: You check Wethr.net and see a high probability of storm formation due to favorable conditions.
Bet: The “Yes” contract costs $0.60. You buy 100 contracts for $60 (no trading fees).
Outcome: A storm forms, and the contract settles. You earn $100 ($1 per contract). Withdrawing to USDC incurs a 1.5% fee ($1.50), leaving a profit of $38.50.
Maximize your success with these Polymarket-specific tips:
Polymarket uses NWS, NOAA, or IPCC data. Cross-check forecasts on Wethr.net for accuracy.
Analyze past weather data on Wethr.net, like peak hurricane months (August–September).
Follow Polymarket’s X account or join crypto Discord groups for market insights and weather betting discussions.
Withdraw larger amounts to reduce the impact of the 1.5% fee, or hold USDC in your wallet for future bets.
Calculate potential profits for a Polymarket weather bet, accounting for the 1.5% withdrawal fee.
Connect your wallet, research with Wethr.net, and start betting on weather markets today!
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