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WEATHER · RESOLUTION REPORT

Highest temperature in Chicago on Oct 12, 2026: 88° to 89° — it happened. How PBE scored.

88° to 89°: YES. PBE's final pre-resolution forecast was 14% against a 32% market. The designated forecasts, the market at the same moments, and the scores — fixed before the outcome.

Published Model data as of Oct 12 05:00ZBy the PropBetEdge Predictions Desk1 min read

Photo: J. Crocker · Attribution · Wikimedia Commons

ResultYES88° to 89°
PBE at final14%pbe-weather-maxtemp@1.1.0
Market at final32%captured with the snapshot
Brier (PBE)0.158market 0.130

Resolved Oct 13 12:04Z · verified against NWS CLI CLIMDW product 202610130635-KLOT-CDUS43-CLIMDW

LIVE UPDATE · not part of the original story

Highest temperature in Chicago on Oct 12, 2026?

88° to 89° · RESOLVED

PBE · live intraday92%
KalshiNo two-sided quote
GapNo comparable quote

At KMDW: high so far 88.0°F · latest 77.0°F () · STALE

RESEARCH PBE Oct 12 22:17Z · market

Open the live forecast →

Quick read

  • Result: 88° to 89°: YES; official check 88 degF agrees with the venue.
  • PBE at the final pre-resolution snapshot: 14%; market at that moment 32%.
  • Mean Brier at the final checkpoint: PBE 0.158, market 0.130 (n=6).
  • Scoring snapshots were fixed by rule (designation/1) before the outcome existed.

What happened

Highest temperature in Chicago on Oct 12, 2026 resolved with 88° to 89°: YES. The venue settled at Oct 13 12:04Z (expiration value 88.00); PropBetEdge's independent check — NWS CLI CLIMDW product 202610130635-KLOT-CDUS43-CLIMDW — recorded 88 degF, which agrees with the settlement (source).

What PBE said before it happened

The snapshots that count were fixed by rule before the outcome: the first published forecast, the forecast in force 24 hours before the reference time (only if one existed), and the last forecast before it. Each is shown with the Kalshi mid captured at the same moment.

CHECKPOINTSDesignated forecasts and the market at the same momentPBE % (market % captured with that snapshot)
OutcomeResultFirst publishedT−24 hFinal pre-resolution
84° to 85°NO31%—29% (mkt 12%)
83° or belowNO34%—21% (mkt 3%)
86° to 87°NO21%—27% (mkt 55%)
88° to 89°YES10% (mkt 27%)—14% (mkt 32%)
90° to 91°NO3%—6% (mkt 5%)
92° or aboveNO1%—3% (mkt 2%)
Units: % probabilityAs of Oct 12 05:00ZSource: PBE forecast archive; designations designation/1
DISTRIBUTIONFinal pre-resolution distribution vs the market
PBE (final)Market at that snapshot
84° to 85°
29%
12%
83° or below
21%
3%
86° to 87°
27%
55%
88° to 89° ✓
14%
32%
90° to 91°
6%
5%
92° or above
3%
2%
Units: % probabilityAs of Oct 12 05:00ZSource: PBE forecast archive; Kalshi
FORECAST PATH“88° to 89°” until resolutionEvery public snapshot; designated snapshots ringed
0%25%50%75%100%Oct 11 14:01ZOct 12 00:25ZOct 12 10:50ZFirst publishedFinal pre-resolutionPBE snapshot (ringed = designated for scoring) 10% · Oct 11 14:01ZPBE snapshot (ringed = designated for scoring) 14% · Oct 11 17:01ZPBE snapshot (ringed = designated for scoring) 10% · Oct 11 23:00ZPBE snapshot (ringed = designated for scoring) 14% · Oct 12 05:00Z
Kalshi mid (stored observations)PBE snapshot (ringed = designated for scoring)
Units: % probabilityAs of Oct 12 05:00ZSource: PBE forecast archive; Kalshi

How it scored

Scores compare PBE and the market on the same designated snapshot — a lower Brier score or log loss is better. At the final pre-resolution checkpoint PBE's mean Brier score across 6 contracts was 0.158 against 0.130 for the market. One event is not evidence of skill in either direction.

SCOREPBE vs market on the designated snapshotsMean across this event’s contracts
CheckpointMethodPBEMarketn (PBE)n (market)
First publishedBrier0.1780.54061
First publishedLog loss0.5611.32861
Final pre-resolutionBrier0.1580.13066
Final pre-resolutionLog loss0.4920.35966
Units: Brier score / log loss (lower is better)As of Oct 13 12:04ZSource: pred_scores

This event adds 6 resolved contracts to the model's live record (366 resolved in total). Live calibration is published once 30 have resolved.

Evidence & method

What this story is based on. Every value above was read from these immutable records.

OutcomeModelSnapshotCompared withCapturedData cutoffMarket
84° to 85°pbe-weather-maxtemp@1.1.0 · RESEARCHa4665940-65be-4be6-b46e-232c935dfafc4adde734-27fe-4225-bf25-6ccfb6835a7dOct 12 05:00ZOct 12 05:00Z12%
83° or belowpbe-weather-maxtemp@1.1.0 · RESEARCH237c664c-40e0-4ef8-9be7-086efa21c8801613e56b-950a-4d1b-b2d0-218121917d12Oct 12 05:00ZOct 12 05:00Z3%
86° to 87°pbe-weather-maxtemp@1.1.0 · RESEARCHd0e97c98-2c8f-4a3a-acb3-cb5a173f85e7d5303434-9b78-46ac-b211-abfe33bb5be7Oct 12 05:00ZOct 12 05:00Z55%
88° to 89°pbe-weather-maxtemp@1.1.0 · RESEARCHb6f6bf89-f665-4827-b1d1-d5da2e1417eefe28836a-e59c-48f2-bd3f-f194f8417770Oct 12 05:00ZOct 12 05:00Z32%
90° to 91°pbe-weather-maxtemp@1.1.0 · RESEARCH2b00ebe9-6f1a-44c1-b8de-75e19f7576f74a9c3c28-3112-4579-b165-33bf2fa2c5abOct 12 05:00ZOct 12 05:00Z5%
92° or abovepbe-weather-maxtemp@1.1.0 · RESEARCH3392ae2c-e381-4c2f-a360-b5409ac40166b791a4c9-4c49-4df2-bdae-23715aa1eff7Oct 12 05:00ZOct 12 05:00Z2%

Source families: NWS CLI CLIMDW product 202610130635-KLOT-CDUS43-CLIMDW. Market = Kalshi mid captured with each snapshot.

RESOLUTION RULE
Resolves on
The Weather Company (weather.com/kalshi) — The Weather Company daily maximum temperature for CLIMDW (weather.com/kalshi)
Independent check
NWS Daily Climate Report CLIMDW (WFO LOT); NOAA RCC-ACIS USW00014819
Measurement
Maximum temperature for the climate day 2026-10-12, 00:00-24:00 local standard time (UTC-6)
Rounding
Whole degrees Fahrenheit as reported; preliminary values may differ by rounding/conversion
Exceptions
Preliminary data may be revised; the exchange may hold expiration until a non-erroneous revision, else last fair price
If the maximum temperature recorded at Chicago (CLIMDW) for Oct 12, 2026, is between 88-89° fahrenheit according to The Weather Company, then the market resolves to Yes.
MODEL LIMITATIONS
  • Pre-window only; no current-conditions input
  • Guidance can run cold/hot in unusual regimes (see LA diagnostic, 2026-10-04)

Weather · daily high — inputs: National Blend of Models day max (GFS MOS fallback) + station empirical guidance-error tables. This model on the research board →

Market prices are a benchmark only and never enter a PropBetEdge model. Research-stage probabilities; not advice.