
Traders who are in search of the best hurricane prediction market sites have landed on the right page. In just a few moments you’ll discover the top three platforms for trading on these weather-related event contracts.
If you’re new to prediction markets and event contracts, we’ve got you covered there too. Inside this article you’ll get a crash course in how these sites work, what types of markets are available, plus you’ll get tips for making the most of your trading activities on these platforms. Read on to get all the details…
Before we get into our discussion of the best sites for predicting hurricanes, let’s take a step back to explain what these sites are and how they work.
First off, a prediction market is an event that typically has a binary outcome. For example, “Will Hurricane XYZ make landfall in Florida?” or “Will Hurricane XYZ make landfall in Louisiana before or after 1pm?”
In some cases, a question may have multiple potential outcomes listed, but only one of those outcomes is possible. For example, if the question is how many named hurricanes will form in the Atlantic this year, the choices might be 0, 1, 2, 3, 4, 5, or 5+. Take note that only one outcome is possible, and that the outcome is decided by an official source – in this case, that would be NOAA (the National Oceanic and Atmospheric Administration).
Each question offers an event contract for each of the possible outcomes, and traders purchase the event contract that matches their prediction. For example, let’s suppose you’re faced with the question, “Will Hurricane XYZ make landfall in Florida?” Here you have a choice of purchasing the “Yes” event contract or the “No” event contract.
The contracts are priced from $0.01 to $0.99, with the price being approximately equal to the implied probability of the specific outcome occurring, at least according to the group wisdom of the platform. For example, if the “Yes” contract is $0.40 and the “No” contract is priced at $0.60 for whether a hurricane will make landfall in Florida, then the group wisdom suggests there is a 40% chance the hurricane will come onto the Florida coast first before hitting any other state.
When the event ends, the incorrect event contracts settle at $0, so the trader gets nothing. Meanwhile, the correct contracts settle at $1, so traders who purchased these event contracts will get a profit that’s equal to $1 minus the price they paid for the event contract, and minus any trading fees where applicable. In our example, if you purchased the correct event contract for $0.40, then you’d get $0.60 for each contract you purchased, minus any fees.
No, you can exit and enter contracts as many times as you please before the event ends, provided the site has the liquidity to fulfill your sell order. Platforms with more traders will have higher liquidity, and less slippage, which means exiting and entering contracts is easier and more likely to be at the expected price. Some traders exit a contract to lock in a guaranteed profit, while other traders may exit a contract early to mitigate a loss.
Keep in mind that you may incur fees for every trade. Whether there are fees depends on the specific platform, as well as what sorts of orders you’re placing. For example, Polymarket charges fees for Takers only, which are the people who place orders that execute immediately.
The key takeaway here is that most platforms are going to operate in a largely similar manner, with the main difference being how easy it is to enter and exit contracts, as well as the fees you may incur from your trades. And that brings us to the next point…
| Prediction Markets | Welcome Bonus | App Availability |
|---|---|---|
| Polymarket Review | Deposit $20, Get $50 Trading Bonus | iOS & Android |
| Kalshi Review | Trade $10, Get $10 in Bonus Trades | iOS & Android |
| Crypto.com Review | Deposit Match up to $50 in Bonus Trades | iOS & Android |
| Robinhood Review | Up to $200 in Reward Stock | iOS & Android |
| OG.com | Up to $100 in Bonus Trades | iOS & Android |
| FanDuel Predicts | Deposit $10 Get $10 | iOS & Android |
| Underdog Predict | N/A | iOS & Android |
| PrizePicks Review | Play $5, Get $50 | iOS & Android |
| Fanatics Markets | Trade $75, Get $75 in Trade Credits | iOS & Android |
| Coinbase | N/A | iOS & Android |
| DraftKings Predict | 100% First Trade Match, Up to $75 | iOS & Android |
| Sleeper Markets | N/A | iOS & Android |
| MooMoo | Up to $1,000 in NVDA Stock | iOS & Android |
| ROLR | N/A | Website only |
| Gemini | N/A | iOS & Android |
| WeBull | N/A | iOS & Android |
| Interactive Brokers | $10 in Bonus Trades on Signup | iOS & Android |
| Novig | Spend $5 Get $50 in Novig Coins | iOS & Android |
| ProphetX | Trade $10, Get $20 | Website only |
| TruthPredict | N/A | Website only |
Now that you know what these sites are all about, let’s turn our attention to the three of the most popular trading platforms: Kalshi, Polymarket and Crypto.com. You can’t go wrong with joining any of these sites. But having said that, each of these sites has features that suit different traders, including convenience, regulatory oversight, and high liquidity. Let’s take a look to see which one is right for you:
This platform is regulated by the CFTC (Commodities Futures Trading Commission) as a DCM (Designated Contract Market), and is generally considered the most regulated and compliant platform for users in the United States. It’s also a fairly large platform and offers dozens of hurricane prediction markets for both short-term and long-term timeframes. Like Polymarket, this site has a lot of traders, so liquidity tends to be high, especially for popular questions.
New users may receive a bonus, such as a $20 trading credit, after making a deposit and fulfilling other requirements. Take note that these bonuses rotate frequently, and at times they’re unavailable. The site charges fees for all trades, though these fees are variable depending on the market category, the contract pricing, and the type of order you place (limit orders vs. market orders). There are multiple fiat deposit and withdrawal options, such as ACH bank transfers, bank wires, and bank cards. ACH transactions are generally free, although the other options may incur transaction fees.
If you primarily value a well-regulated platform alongside a large number of hurricane markets, you’ll want to tap the brand’s banner on this page to take a closer look at one of the best prediction sites for US users.
This platform tends to have a large number of climate prediction markets, including those related to hurricanes, alongside a very large number of users. This means that it’s easier to enter and exit markets quickly due to the high liquidity. This platform offers dozens of hurricane-related predictions, such as “Will a category 5 hurricane make landfall in the US before 2027?” and “Will two or more hurricanes make landfall in the US in 2026?” The predictions also extend globally, such as predicting whether a certain typhoon will hit Japan before a certain date.
Take note that this is an international platform, although United States users are walled off from the international side of the site. The U.S. section of the site is compliant with state and federal laws, and regulated by the CFTC. Prediction market trading in the Climate category usually doesn’t have any trading fees for Takers, while Makers may receive a small rebate. Funding and withdrawing your account on this blockchain-powered platform also doesn’t incur any fees, except for network fees. Also note that bonuses are often available to new traders, such as “deposit $10 and receive $20 in trading credits.”
If you’re looking for a blockchain-powered platform with the largest number of climate markets and high liquidity, then you’ll want to check out the Polymarket banners on this page. Indeed, we’d consider this one of the best weather prediction market sites.
This platform offers a much smaller number of climate prediction markets than Kalshi and Polymarket, and at times you may not find any hurricane prediction markets available, depending on the current hurricane activity. However, when there are hurricane prediction markets available, this platform is a good choice for existing users, as you can do all your trading from the same account and wallet.
It’s important to note that this site has fewer users than Kalshi and Polymarket, so the lower liquidity leads to the possibility of higher slippage. However, the site does offer customizable slippage controls, which is helpful. Although this is a blockchain-powered platform, there are fiat currency onramps for those who need it. You typically won’t incur any fees for funding or withdrawing your account, except for the standard network fees. The fees for trading tend to range from $0.01 to $0.0175 for Takers and zero for Makers, which is fair.
If you’re already a Crypto.com user (or you plan on being one), then jumping from your existing onsite trades to the prediction markets is a seamless, convenient experience. Check the brand’s banners on this page to learn more.
Whether you’re laser-focused on hurricane markets, or you’re interested in other weather-related markets, the three platforms you just learned about are good options. Kalshi is great for those who value regulatory oversight, Polymarket is awesome because it’s so large, and Crypto.com is a good choice for existing users who want to trade in prediction markets.
Now that you have a good overview of these sites, let’s look at how to get started…
Sponsored by Crypto.com – Not investment advice. Trading prediction markets and crypto involves risk, including potential loss of your stake. Consider your risk tolerance before participating. Crypto.com connects U.S. users to CDNA (regulated by CFTC) for derivatives trading. CDNA membership required. Trading may not be suitable for all—you could lose your entire investment plus fees. Past performance doesn’t guarantee future results. This is not a solicitation or recommendation to trade.
Although the exact specifics of how to use these sites is going to vary a bit, here’s a general overview of how to get started:
Tap the banner of the brand that interests you.
Tap the sign up/register button on the brand’s website.
Complete your profile.
Complete the identity verification process when prompted to do so.
Fund your account.
Start exploring the markets and trading!
There are a couple important items to note here:
And on that note, here are five additional tips for making the most of these platforms and your trading activities…
You’re probably eager to check out these platforms and start trading, but you’ll want to first check out the following tips:
Even if you’re not actively trading on a particular platform, it’s a good idea to compare the markets and the event contracts available. For example, Polymarket is so large that if the group wisdom sends a prediction market surging in one direction, you’ll often find that the other platforms start surging in the same direction. In other words, you can use Polymarket as a trading tool, even if you didn’t purchase your event contracts there.
Some people jump into a market and start trading just based on a gut feeling. However, since you’re risking real money to make these trades, it’s a good idea for you to study the relevant topics carefully. In this case, you’ll want to get your hands on information from hurricane experts so that you’re making an informed decision rather than purely guessing about the outcome. The same goes for any other market. For example, if you’re trading on one of the best earthquake prediction market sites, then it’s a good idea to learn all you can about what causes an earthquake, and how likely it is to happen in any one specific location.
If you’re new to this type of trading, then don’t blow your entire trading budget buying up as many contracts as possible. Instead, start with one question, and spend 1% to 2% of your entire budget to buy your event contracts. Here you might test whether your theories are correct regarding hurricanes. If all goes well, then you can buy more contracts across different questions, as well as more contracts at a time for any one prediction market. If you’re able to secure a bonus from one of the platforms, you can use those free site credits to learn the ropes with a smaller risk to you.
Before you start trading, you’ll want to read the site’s terms, conditions, and any applicable rules (such as bonus rules). It’s a good idea to familiarize yourself with the terminology used on the site, as well as the fee schedules. This may not be the most fun way to spend five minutes, but reading these documents and policies will help protect your funds and your account.
Once you get the hang of trading, you may look beyond hurricanes and try your hand at predicting other climate-related markets. For example, Kalshi and Polymarket are largely considered the best tornado prediction markets sites, so if that is something that interests you, you can expand into those markets. And of course you might expand beyond the climate category and make predictions about politics, sports, pop culture, economics, and much more. The same advice applies to other markets, in that you should study the markets and start small, then scale up as you feel more confident about your trades.
Now let’s wrap up this discussion so you can jump in and start trading…
As you just discovered, there are three solid platforms for trading on weather-related prediction markets, including hurricanes. Kalshi is your go-to if you primarily value strong regulatory oversight, Polymarket is great for those who are in search of a large number of markets and plenty of liquidity, and Crypto.com is a convenient choice for those who are already using that platform or plan to in the future. You can’t go wrong with any of these sites, and they all offer markets beyond hurricane predictions if you want to broaden your trading horizons.
To get started, all you have to do is tap the banners that interest you, sign up, fund your account, and start trading. Enjoy!
There are dozens of weather-related prediction markets, covering temperature, volcanoes, earthquakes, tornadoes, floods, rainy days, and more. Some of the markets are directly related to weather (such as temperatures), while others may be geological events that have weather-related impacts. If you’re looking to expand your markets – such as if you’re hunting for the best volcano prediction market sites – the platforms mentioned above will be good options for these other predictions.
Your losses are capped at $1 minus the price of the event contract you purchased, plus fees. Naturally, you multiply this by the number of event contracts you purchased. For example, if you purchased 100 contracts for $0.60 each, that’s $60. If each contract incurred a $0.02 fee, that’s $2 for fees. Add the $2 to the $60 for a total of $62. If you’re wrong, you lose the entire $62 – no more and no less.
This process is in place to combat money laundering, and any regulated and compliant site will require you to complete it before you can start trading.
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