What are the odds of "Will it rain in Houston on Aug 15, 2026?"?

The live Kalshi market currently prices this at 12%, meaning traders collectively imply about a 12% chance of YES. Prices move continuously as new information arrives.

Where does this number come from?

It's the live price of the Kalshi event contract, which trades between 1 and 99 cents. A price of 60 cents implies a 60% chance. ContractTax reads the public market price and adds price history and context.

Live odds / Weather

Will it rain in Houston on Aug 15, 2026?

Houston

12%

implied chance of YES

Price history builds as our scanner records this market. Check back soon for the path.

This is a live Kalshi event contract. The price, 12 cents, is the market’s implied probability of YES. Whether that number is well-calibrated is its own question: our Truth Machine measures how often markets at each price level actually settle YES. Confirm live prices on Kalshi before trading.

Priced about right

KALSHI CHARGES

12¢

MARKETS LIKE THIS SETTLED AT

12¢

Contracts like this one have settled YES 12.3% of the time against a 12c price, which is close enough to fair that the 1c fee eats whatever is left. Based on 432 settled markets across all categories in the 10-19c band (we do not yet hold enough weather history to price this by category, so this is the market-wide curve and is weaker evidence).

This is what this kind of contract has been worth, not a forecast for this one: a band average does not know what is happening in the news. See the Fair Value Board for every market scored this way, or the weather curve it came from.

What history says about this price

Across our settled record, markets priced near 10–19¢ have gone on to settle YES 12% of the time (n=432). That is history, not a forecast for this specific market. See the Truth Machine for the full curve.

See the full field for this event →

More live Weather markets

Will the maximum temperature be >81° on Aug 15, 2026?1%Will the maximum temperature be 80-81° on Aug 15, 2026?7%Will the maximum temperature be 74-75° on Aug 15, 2026?2%Will it rain in Miami on Aug 15, 2026?99%Will the maximum temperature be 76-77° on Aug 15, 2026?55%

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Odds reflect the live Kalshi market and move continuously. Educational only, not financial advice. Not affiliated with Kalshi.