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Will the high temp in Chicago be 78-79° on Apr 13, 2026? — 78° to 79°

The Setup

This market asks if the high temperature at Chicago Midway today will land in a precise 2-degree window of 78-79 degrees. The crowd is currently pricing this at 42 cents, anchoring to regional forecasts of upper 70s. However, narrow temperature bins are notoriously fragile, especially during volatile spring weather patterns featuring gusty winds and afternoon storm chances.

With the official NWS forecast at 77 degrees and yesterday's high hitting 81 degrees, this narrow 2-degree bin is squeezed between high-probability undershoot and overshoot risks.

Market
58c
Our Estimate
67-82c
Edge
+16c

Bull Case

The official NWS point forecast for Chicago Midway is 77 degrees, which sits just below the target bin. This creates an immediate undershoot risk if the expected afternoon cloud cover and 20 to 40 percent chance of showers arrive early, capping the diurnal heating cycle before it can reach 78 degrees. The overshoot risk is equally severe. Yesterday, Midway reached 81 degrees under similar warm-sector conditions. With strong southwest winds at 15 to 25 mph, gusting up to 40 mph, driving warm air advection, any prolonged sun breaks will easily push temperatures past the 79-degree ceiling. A narrow 2-degree temperature bin is statistically fragile. The market requires the temperature to thread the needle between the 77-degree forecast and the 81-degree persistence, which is highly unlikely given the volatile spring setup. The dual threat of rain-cooled undershoots and wind-driven overshoots makes a perfect landing mathematically improbable.

Bear Case

Private meteorological models show a slightly warmer baseline than the NWS. Specific runs from AccuWeather and Weathertrends360 forecast exactly 78 degrees or 79 degrees, placing the expected high exactly within the winning bin and suggesting the NWS might be slightly too cool. The NWS Area Forecast Discussion explicitly calls for highs in the upper 70s to lower 80s. If the 81-degree air mass from yesterday cools slightly due to the forecasted decreasing clouds transitioning to mostly cloudy, the temperature could naturally plateau in the 78 to 79 degree range. If the afternoon showers arrive exactly between 2:00 PM and 3:00 PM, evaporative cooling could perfectly truncate the diurnal heating curve just as it crosses the 78-degree threshold. This precise timing would lock in a YES resolution before an overshoot into the 80s can occur.

What Could Go Wrong

IF the afternoon cloud cover perfectly modulates the diurnal heating, allowing just enough sun to reach 78 degrees but not enough to hit 80 degrees, THEN the market will resolve YES. IF the NWS point forecast of 77 degrees systematically underestimates the southwest wind warming effect by exactly 1 to 2 degrees, THEN the temperature will land perfectly in the 78 to 79 degree window.

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