All
Outcomes
Market
Price
AI Fair
Value
Value
Edge
92-93°F
YesNo
90-91°F
YesNo
96°F or higher
YesNo
88-89°F
YesNo
86-87°F
YesNo
84-85°F
YesNo
94-95°F
YesNo
82-83°F
YesNo
80-81°F
YesNo
78-79°F
YesNo
77°F or below
YesNo
AI Insights:
03.17 12:35 UpdatedFair Value Reasoning:
Recent meteorological data confirms a strong warming trend for Dallas on March 20. The NWS explicitly forecasts 'unseasonably warm' weather with 'widespread highs in the 90s' for the weekend. NBC5 (KXAS-TV) specifically forecasts a high of 92°F for Friday (Mar 20), tying the record high. AccuWeather aligns with 92°F, while WFAA forecasts 91°F. Weather.com predicts between 90°F and 91°F. Consequently, the temperature is highly likely to fall within the 90-93°F band. The market continues to overprice lower brackets (86-89°F), ignoring the consensus. The core fair value lies in the 92-93°F and 90-91°F options.
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Exotics
While weather forecasting is common, betting on a specific temperature range for a specific city on a specific date is a relatively niche market, less mainstream than sports or political elections.
Movers
March 16, 2026 - March 17, 2026, the price of 92-93°F rose from 16.5c to 26.5c, while 86-87°F crashed from 24c to 10.5c (with a slight rebound later). This shift occurred as forecasts solidified the arrival of 'unseasonably warm' weather, prompting capital to rotate aggressively from cooler options to the 90°F+ range.
March 16, 2026, 15:00-17:10, the price of 90-91°F dropped rapidly from 32c to 21c. This was likely due to market overreaction to guidance from sources like AccuWeather predicting higher temps (92°F+), causing a capital flight toward the 92-93°F bracket.
Divergence
Significant divergence exists. Mainstream media and meteorological agencies (NWS, WFAA, NBC5) have formed a strong consensus forecasting highs between 91°F and 92°F, emphasizing widespread '90s'. However, the prediction market pricing implies a ~40% probability of temperatures staying below 90°F (summing prices of 88-89°F and lower). The market is lagging in pricing the heat wave, irrationally overvaluing the lower temperature options.