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WEATHER · RESOLUTION REPORT

Highest temperature in Chicago on Oct 20, 2026: 69° to 70° — it happened. How PBE scored.

69° to 70°: YES. PBE's final pre-resolution forecast was 21% against a 50% market. The designated forecasts, the market at the same moments, and the scores — fixed before the outcome.

Published Model data as of Oct 20 05:00ZBy the PropBetEdge Predictions Desk1 min read

Photo: J. Crocker · Attribution · Wikimedia Commons

ResultYES69° to 70°
PBE at final21%pbe-weather-maxtemp@1.1.0
Market at final50%captured with the snapshot
Brier (PBE)0.133market 0.093

Resolved Oct 21 12:04Z · verified against NWS CLI CLIMDW product 202610210633-KLOT-CDUS43-CLIMDW

LIVE UPDATE · not part of the original story

Highest temperature in Chicago on Oct 20, 2026?

69° to 70° · RESOLVED

PBE · live intraday44%
KalshiNo two-sided quote
GapNo comparable quote

At KMDW: high so far 69.8°F · latest 51.8°F () · STALE

RESEARCH PBE Oct 20 22:27Z · market

Open the live forecast →

Quick read

  • Result: 69° to 70°: YES; official check 69 degF agrees with the venue.
  • PBE at the final pre-resolution snapshot: 21%; market at that moment 50%.
  • Mean Brier at the final checkpoint: PBE 0.133, market 0.093 (n=6).
  • Scoring snapshots were fixed by rule (designation/1) before the outcome existed.

What happened

Highest temperature in Chicago on Oct 20, 2026 resolved with 69° to 70°: YES. The venue settled at Oct 21 12:04Z (expiration value 69.00); PropBetEdge's independent check — NWS CLI CLIMDW product 202610210633-KLOT-CDUS43-CLIMDW — recorded 69 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
65° to 66°NO22% (mkt 14%)—22% (mkt 6%)
64° or belowNO12%—12% (mkt 2%)
67° to 68°NO31%—31% (mkt 46%)
69° to 70°YES21%—21% (mkt 50%)
71° to 72°NO10%—10% (mkt 3%)
73° or aboveNO5% (mkt 3%)—5%
Units: % probabilityAs of Oct 20 05:00ZSource: PBE forecast archive; designations designation/1
DISTRIBUTIONFinal pre-resolution distribution vs the market
PBE (final)Market at that snapshot
65° to 66°
22%
6%
64° or below
12%
2%
67° to 68°
31%
46%
69° to 70° ✓
21%
50%
71° to 72°
10%
3%
73° or above
5%
no two-sided quote
Units: % probabilityAs of Oct 20 05:00ZSource: PBE forecast archive; Kalshi
FORECAST PATH“69° to 70°” until resolutionEvery public snapshot; designated snapshots ringed
0%25%50%75%100%Oct 19 14:02ZOct 20 00:30ZOct 20 10:58ZFirst publishedFinal pre-resolutionPBE snapshot (ringed = designated for scoring) 21% · Oct 19 14:02ZPBE snapshot (ringed = designated for scoring) 31% · Oct 19 17:00ZPBE snapshot (ringed = designated for scoring) 21% · Oct 19 23:00ZPBE snapshot (ringed = designated for scoring) 21% · Oct 20 05:00Z
Kalshi mid (stored observations)PBE snapshot (ringed = designated for scoring)
Units: % probabilityAs of Oct 20 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 0.133 against 0.093 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 publishedBrier0.1330.01062
First publishedLog loss0.4110.08862
Final pre-resolutionBrier0.1330.09365
Final pre-resolutionLog loss0.4110.28165
Units: Brier score / log loss (lower is better)As of Oct 21 12:04ZSource: pred_scores

This event adds 6 resolved contracts to the model's live record (702 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
65° to 66°pbe-weather-maxtemp@1.1.0 · RESEARCH5f747006-7737-4cbd-bfab-dd15519b92ceb7bada1a-533a-4822-9a16-f836a2cbb9a6Oct 20 05:00ZOct 20 05:00Z6%
64° or belowpbe-weather-maxtemp@1.1.0 · RESEARCHdb64a97a-ac30-4f36-8ee9-987428afcd2ff68463dd-8f9b-426e-a5a3-60ce1661096dOct 20 05:00ZOct 20 05:00Z2%
67° to 68°pbe-weather-maxtemp@1.1.0 · RESEARCHf8d3e7bd-d7a5-4270-90ee-52453eb8b10b8e7fcc7e-33ab-4a1a-ae65-118ad94b3e35Oct 20 05:00ZOct 20 05:00Z46%
69° to 70°pbe-weather-maxtemp@1.1.0 · RESEARCH6c9b5f9c-5d18-43d4-ada7-5ac8e5e0ccc63d85b714-ace7-40a4-84fb-90e5bffb83c2Oct 20 05:00ZOct 20 05:00Z50%
71° to 72°pbe-weather-maxtemp@1.1.0 · RESEARCHc8f89f48-db02-4422-bee1-6a651ce785a01fa7a024-3a53-4638-88a5-c24dd2f9083cOct 20 05:00ZOct 20 05:00Z3%
73° or abovepbe-weather-maxtemp@1.1.0 · RESEARCHb66c06ea-68a8-42f1-b82f-a5e981306c688a36dd87-af91-4a2b-8d40-473919d00b7bOct 20 05:00ZOct 20 05:00Z—

Source families: NWS CLI CLIMDW product 202610210633-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 2026-10-20, 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 20, 2026, is between 69-70° 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.