PMWeather|$3,022 Vol|
time2 days 14 hrs

Highest temperature in Miami on March 21? - AI Odds Analysis

All Outcomes
Market Price
AI Fair Value
Value Edge
80-81°F
YesNo
84-85°F
YesNo
72-73°F
YesNo
76-77°F
YesNo
86°F or higher
YesNo
82-83°F
YesNo
78-79°F
YesNo
74-75°F
YesNo
70-71°F
YesNo
68-69°F
YesNo
67°F or below
YesNo
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AI Insights:

4 hours ago Updated
Fair Value Reasoning:
While commercial weather apps (Google, AccuWeather) forecast a high of around 77-78°F for Miami on March 21, the National Weather Service (NWS) Area Forecast Discussion from March 17 explicitly predicts a warming trend with highs returning to the 'low to mid 80s' over the weekend due to building high pressure and southeasterly flow. Synoptic setups like this often outperform conservative model blends. The market is currently anchored to the 76-79°F range, undervaluing the NWS target of 80-81°F and potentially 82-83°F. The fair value model shifts probability density towards the warmer 80s.

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Exotics
This is a typical weather derivative market. While people care about weather, betting on the exact high temperature for a specific day and location is relatively niche and vertical, often categorized as novelty or specific hedging rather than a mainstream topic.
Movers
March 17, 2026, 13:20-15:30, the '84-85°F' option spiked from 16.5c to 35c and immediately crashed back to 15c, likely caused by a liquidity vacuum from a large market order or a reaction to erroneous model data. March 17-18, 2026, the '78-79°F' option rose steadily from 18c to 31.5c (settling at 27c). This shift reflects the market pricing in the post-frontal warming trend, moving capital from cooler brackets (70-75°F) to warmer ones, though it has not yet fully embraced the NWS forecast of temps reaching the 80s.
Divergence
Significant divergence exists. Mainstream commercial weather apps (AccuWeather, Google/Weather.com) forecast a high of 77°F or 78°F, aligning perfectly with the prediction market's favorite buckets (78-79°F and 76-77°F). Conversely, the authoritative NWS Area Forecast Discussion explicitly predicts highs returning to the 'low to mid 80s' for the weekend. This conflict between official meteorological text analysis and commercial app algorithms creates a dislocation between market pricing and the potential meteorological reality.

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