RIPS

Will a hurricane warning be issued for the Gulf Coast today?

Weather · Kalshi-style market · snapshot 2026-10-23 15:16 UTC

In short

The market prices "Yes" at 4¢, which means traders see about a 4% chance of it happening. A correct share pays $1 when the market resolves, so 4¢ could return about 23x.
Yes4%
No96%

Down 7 points in the last hour

Illustrative price path ending at the snapshot price. Live charts are in the app.

Yes price
4¢
No price
96¢
Pays if right
$1 per share (about 23x on Yes)
Spread
1¢
Liquidity
$15k
Volume
$48k

What this market means

Traders buy Yes or No shares. Each share pays $1 if it is right and nothing if it is wrong, so the price is the crowd's chance. Right now Yes costs 4¢: if you think the real chance is higher than 4%, Yes looks cheap; if lower, No does. With about $15k of liquidity this is one of the deeper markets in its category.

On RIPS you don't trade this order book. You rip a pack: the pack draws live markets like this one at their current price, tells you in plain words what you hold, and lets you cash out any card at the live price before it resolves.

Your first pack is free

Get markets like this in a pack

Packs draw 3 to 10 live weather markets like this one. You see the odds and the pack value before you pay, then hold to the result or cash out at the live price.

18+. Packs are random and carry a house edge: 86% of the price comes back as shown value on average.

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FAQ

What are the odds for "Will a hurricane warning be issued for the Gulf Coast today?"?

The market prices "Yes" at 4¢, which means traders see about a 4% chance of it happening. A correct share pays $1 when the market resolves, so 4¢ could return about 23x. These are snapshot prices from Fri, 23 Oct 2026 15:16:18 UTC.

How much does a correct Yes share pay?

$1 per share at resolution. At 4¢ that is about 23x your stake. No costs 96¢ and pays about 1.0x.

Can I get this market on RIPS?

It can land in a RIPS pack. Packs draw 3 to 10 random live weather markets from a pool like this; you see the odds and pack value before paying, and you can hold to the result or cash out at the live price.

When does it resolve?

Around Fri, 23 Oct 2026 17:03:18 UTC based on the snapshot. The venue's own rules decide the final outcome; voided markets are refunded in RIPS.