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New York City — photograph (Photo: Fred Hsu on en.wikipedia · CC BY-SA 4.0 · via Wikimedia Commons)
WEATHER · RESOLUTION REPORT

Highest temperature in New York City on Oct 16, 2026: 74° or below — it happened. How PBE scored.

74° or below: YES. PBE's final pre-resolution forecast was 37% against a 79% market. The designated forecasts, the market at the same moments, and the scores — fixed before the outcome.

Published Model data as of Oct 15 23:00ZBy the PropBetEdge Predictions Desk1 min read

Photo: Fred Hsu on en.wikipedia · CC BY-SA 4.0 · Wikimedia Commons

ResultYES74° or below
PBE at final37%pbe-weather-maxtemp@1.1.0
Market at final79%captured with the snapshot
Brier (PBE)0.090market 0.019

Resolved Oct 17 11:14Z · verified against NWS CLI CLINYC product 202610170617-KOKX-CDUS41-CLINYC

LIVE UPDATE · not part of the original story

Highest temperature in New York City on Oct 16, 2026?

74° or below · RESOLVED

PBE · live intraday88%
KalshiNo two-sided quote
GapNo comparable quote

At KNYC: high so far 72.0°F · latest 63.0°F () · rain so far 0.18 in · STALE

RESEARCH PBE Oct 16 22:24Z · market

Open the live forecast →

Quick read

  • Result: 74° or below: YES; official check 72 degF agrees with the venue.
  • PBE at the final pre-resolution snapshot: 37%; market at that moment 79%.
  • Mean Brier at the final checkpoint: PBE 0.090, market 0.019 (n=6).
  • Scoring snapshots were fixed by rule (designation/1) before the outcome existed.

What happened

Highest temperature in New York City on Oct 16, 2026 resolved with 74° or below: YES. The venue settled at Oct 17 11:14Z (expiration value 72.00); PropBetEdge's independent check — NWS CLI CLINYC product 202610170617-KOKX-CDUS41-CLINYC — recorded 72 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
75° to 76°NO30%—31% (mkt 18%)
74° or belowYES23% (mkt 72%)—37% (mkt 79%)
77° to 78°NO28% (mkt 7%)—20% (mkt 3%)
79° to 80°NO12% (mkt 7%)—7% (mkt 2%)
81° to 82°NO5% (mkt 6%)—3%
83° or aboveNO3% (mkt 2%)—1%
Units: % probabilityAs of Oct 15 23:01ZSource: PBE forecast archive; designations designation/1
DISTRIBUTIONFinal pre-resolution distribution vs the market
PBE (final)Market at that snapshot
75° to 76°
31%
18%
74° or below ✓
37%
79%
77° to 78°
20%
3%
79° to 80°
7%
2%
81° to 82°
3%
no two-sided quote
83° or above
1%
no two-sided quote
Units: % probabilityAs of Oct 15 23:01ZSource: PBE forecast archive; Kalshi
FORECAST PATH“74° or below” until resolutionEvery public snapshot; designated snapshots ringed
0%25%50%75%100%Oct 15 14:02ZOct 15 21:31ZOct 16 05:00ZFirst publishedFinal pre-resolutionPBE snapshot (ringed = designated for scoring) 23% · Oct 15 14:02ZPBE snapshot (ringed = designated for scoring) 37% · Oct 15 17:00ZPBE snapshot (ringed = designated for scoring) 37% · Oct 15 23:01Z
Kalshi mid (stored observations)PBE snapshot (ringed = designated for scoring)
Units: % probabilityAs of Oct 15 23:01ZSource: 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 0.090 against 0.019 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 publishedBrier0.1300.01865
First publishedLog loss0.3940.10865
Final pre-resolutionBrier0.0900.01964
Final pre-resolutionLog loss0.2840.11964
Units: Brier score / log loss (lower is better)As of Oct 17 11:14ZSource: pred_scores

This event adds 6 resolved contracts to the model's live record (522 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
75° to 76°pbe-weather-maxtemp@1.1.0 · RESEARCH2534b5fd-7fca-47d2-aa1c-e38d89d61a62a1ebd3d6-a4ec-4d0a-bcca-2aada37af774Oct 15 23:01ZOct 15 23:00Z18%
74° or belowpbe-weather-maxtemp@1.1.0 · RESEARCH8217e78a-243b-477b-ab36-dfa2b3117ba06a2f0751-1d83-4ae4-b77e-0092265cec28Oct 15 23:01ZOct 15 23:00Z79%
77° to 78°pbe-weather-maxtemp@1.1.0 · RESEARCHbcb85de1-670a-4bcd-843a-3ae750f8f505258c915d-2105-474f-b2eb-5e6a2b7cdbd9Oct 15 23:01ZOct 15 23:00Z3%
79° to 80°pbe-weather-maxtemp@1.1.0 · RESEARCH719ab378-c05a-4c79-ad28-2b11b88cf108082ed9b8-2c52-4f2b-8980-2a5352fcf5baOct 15 23:01ZOct 15 23:00Z2%
81° to 82°pbe-weather-maxtemp@1.1.0 · RESEARCHf5735797-81d6-468b-822e-d8d9dbb69ccdd8cb67fc-b9e2-4ffb-85e1-a3efb4b3fd1cOct 15 23:01ZOct 15 23:00Z—
83° or abovepbe-weather-maxtemp@1.1.0 · RESEARCH1c1b3b82-53cd-48d7-b9d8-e8aa5a67d9b75ec145e8-9bdb-4d4a-9a82-b63d1b824dbbOct 15 23:01ZOct 15 23:00Z—

Source families: NWS CLI CLINYC product 202610170617-KOKX-CDUS41-CLINYC. Market = Kalshi mid captured with each snapshot.

RESOLUTION RULE
Resolves on
The Weather Company (weather.com/kalshi) — The Weather Company daily maximum temperature for CLINYC (weather.com/kalshi)
Independent check
NWS Daily Climate Report CLINYC (WFO OKX); NOAA RCC-ACIS USW00094728
Measurement
Maximum temperature for the climate day 2026-10-16, 00:00-24:00 local standard time (UTC-5)
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 New York City (CLINYC) for Oct 16, 2026, is less than 75° 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.