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WEATHER · RESOLUTION REPORT

Highest temperature in Chicago on Oct 27, 2026: 68° to 69° — it happened. How PBE scored.

68° to 69°: YES. PBE's final pre-resolution forecast was 22% against a 31% market. The designated forecasts, the market at the same moments, and the scores — fixed before the outcome.

Published Model data as of Oct 27 05:00ZBy the PropBetEdge Predictions Desk1 min read

Photo: J. Crocker · Attribution · Wikimedia Commons

ResultYES68° to 69°
PBE at final22%pbe-weather-maxtemp@1.1.0
Market at final31%captured with the snapshot
Brier (PBE)0.129market 0.161

Resolved Oct 28 12:04Z · verified against NWS CLI CLIMDW product 202610280648-KLOT-CDUS43-CLIMDW

LIVE UPDATE · not part of the original story

Highest temperature in Chicago on Oct 27, 2026?

68° to 69° · RESOLVED

PBE · live intraday47%
KalshiNo two-sided quote
GapNo comparable quote

At KMDW: high so far 69.8°F · latest 59.0°F () · STALE

RESEARCH PBE Oct 27 22:32Z · market

Open the live forecast →

Quick read

  • Result: 68° to 69°: YES; official check 69 degF agrees with the venue.
  • PBE at the final pre-resolution snapshot: 22%; market at that moment 31%.
  • Mean Brier at the final checkpoint: PBE 0.129, market 0.161 (n=6).
  • Scoring snapshots were fixed by rule (designation/1) before the outcome existed.

What happened

Highest temperature in Chicago on Oct 27, 2026 resolved with 68° to 69°: YES. The venue settled at Oct 28 12:04Z (expiration value 69.00); PropBetEdge's independent check — NWS CLI CLIMDW product 202610280648-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
66° to 67°NO8%—8% (mkt 4%)
65° or belowNO4% (mkt 6%)—4% (mkt 2%)
68° to 69°YES22%—22% (mkt 31%)
70° to 71°NO31%—31% (mkt 57%)
72° to 73°NO21%—21% (mkt 5%)
74° or aboveNO14% (mkt 6%)—14%
Units: % probabilityAs of Oct 27 05:00ZSource: PBE forecast archive; designations designation/1
DISTRIBUTIONFinal pre-resolution distribution vs the market
PBE (final)Market at that snapshot
66° to 67°
8%
4%
65° or below
4%
2%
68° to 69° ✓
22%
31%
70° to 71°
31%
57%
72° to 73°
21%
5%
74° or above
14%
no two-sided quote
Units: % probabilityAs of Oct 27 05:00ZSource: PBE forecast archive; Kalshi
FORECAST PATH“68° to 69°” until resolutionEvery public snapshot; designated snapshots ringed
0%25%50%75%100%Oct 26 14:02ZOct 27 00:24ZOct 27 10:46ZFirst publishedFinal pre-resolutionPBE snapshot (ringed = designated for scoring) 22% · Oct 26 14:02ZPBE snapshot (ringed = designated for scoring) 22% · Oct 26 17:00ZPBE snapshot (ringed = designated for scoring) 22% · Oct 26 23:00ZPBE snapshot (ringed = designated for scoring) 22% · Oct 27 05:00Z
Kalshi mid (stored observations)PBE snapshot (ringed = designated for scoring)
Units: % probabilityAs of Oct 27 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 0.129 against 0.161 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 publishedBrier0.1290.00362
First publishedLog loss0.3990.05962
Final pre-resolutionBrier0.1290.16165
Final pre-resolutionLog loss0.3990.42365
Units: Brier score / log loss (lower is better)As of Oct 28 12:04ZSource: pred_scores

This event adds 6 resolved contracts to the model's live record (996 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
66° to 67°pbe-weather-maxtemp@1.1.0 · RESEARCHfa89b017-ac9f-4308-831e-02a24c95e0fce767b934-666f-417b-9852-14aaedd59006Oct 27 05:00ZOct 27 05:00Z4%
65° or belowpbe-weather-maxtemp@1.1.0 · RESEARCH52b62f0b-47c1-45f5-88d5-9c00025602b907e5c628-0561-4611-9b7b-a3b57449bf0bOct 27 05:00ZOct 27 05:00Z2%
68° to 69°pbe-weather-maxtemp@1.1.0 · RESEARCH1697c3de-b213-48d8-8486-5c5636c17556fe2e6782-f39b-47e0-87be-f8eb5d2fdd84Oct 27 05:00ZOct 27 05:00Z31%
70° to 71°pbe-weather-maxtemp@1.1.0 · RESEARCH1f9564d1-abe3-4850-b458-a500cd9f294d4bdb4995-4707-4b22-ac1e-d2753c9aca43Oct 27 05:00ZOct 27 05:00Z57%
72° to 73°pbe-weather-maxtemp@1.1.0 · RESEARCH5d472f84-bcd2-4041-8dae-08f33eadc3c3eba0414e-88d8-4120-90f1-28fd82a31f2fOct 27 05:00ZOct 27 05:00Z5%
74° or abovepbe-weather-maxtemp@1.1.0 · RESEARCH862c5999-b9b2-408e-a18a-9f64f605cbda5119f32e-bcce-4e7a-9091-8bd062b9030cOct 27 05:00ZOct 27 05:00Z—

Source families: NWS CLI CLIMDW product 202610280648-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 2026-10-27, 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 27, 2026, is between 68-69° 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.