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Betting Surges on NYC Snowfall Predictions: $6M Wagered

1/27/2026

23 4 Full Breakdown

Summary

Bettors Predict Snowfall

Bettors wagered over $6 million on New York City snowfall predictions during a recent snowstorm, with an implied consensus of 11 inches.
Polymarket, an online prediction market, reported over $1.2 million wagered on New York City totals.
Kalshi, an online prediction market, saw more than $5 million wagered with a 99% chance of over 10 inches.
Outcomes depend on data from the National Oceanic and Atmospheric Administration.

Summary

Storm Causes Havoc

A major winter storm over the weekend caused at least 12 fatalities and more than one million power outages across the United States.
Bonito Lake, New Mexico, recorded 31 inches of snowfall.
Central Park in New York City set a daily snowfall record with 11.4 inches.
The storm caused extensive travel disruptions, including flight cancellations reminiscent of early pandemic days.

History

Historical Context

The Great Blizzard of 1888, occurring from March 11 to 14, was one of the deadliest blizzards in U.S. history, claiming over 400 lives and paralyzing the East Coast from Chesapeake Bay to Maine. The storm's severe impact on transportation and communication led to significant infrastructure changes, including the underground placement of telegraph lines, shaping modern emergency preparedness strategies in cities like New York.

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Bettors Predict Snowfall

Bettors wagered over $6 million on New York City snowfall predictions during a recent snowstorm, with an implied consensus of 11 inches.
Polymarket, an online prediction market, reported over $1.2 million wagered on New York City totals.
Kalshi, an online prediction market, saw more than $5 million wagered with a 99% chance of over 10 inches.
Outcomes depend on data from the National Oceanic and Atmospheric Administration.

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