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Live market data

How low will Lake Mead drop?: live odds and probabilities

The market favorite is 1,028–1,033 ft at 50.6%, ahead of Below 1,028 ft at 32.0%. $23K traded across 4 outcomes.

Updated 2026-11-06 03:12 UTC · Source: Polymarket · 18+ · Market prices, not predictions or advice

Favorite

50.6%
1,028–1,033 ft · Trade →

24h move

+6.6
pts · 7d +9.1

Volume

$23K
24h $0 · liquidity $1K

Closes

April 16, 2027
161 days left

waterDroughtWeatherUnited StatesClimate & Science

All outcomes

OutcomeProbability24h7dVolumeSpread
1,028–1,033 ft50.6% +6.6+9.1$6K38.4¢
Below 1,028 ft32.0% -1.0-19.5$11K24.0¢
1,033–1,038 ft21.0% +0.1+3.4$2K20.6¢
Above 1,038 ft4.8% -0.1+1.8$5K8.3¢

Prices are the Polymarket mid or last trade at 2026-11-06 03:12 UTC. A price of 64¢ implies roughly a 64% chance. Prices include spread and are not forecasts by BetG8.

📱 Compare how the same event is priced across venues on Polymtrade.Referral link. 18+.

Price history

0%25%50%75%100%08-1809-2711-06
1,028–1,033 ftBelow 1,028 ft1,033–1,038 ftAbove 1,038 ft

Market rules and resolution

This market resolves based on the lowest daily elevation recorded at Lake Mead (Hoover Dam) between market creation and March 31, 2027, as published by the U.S. Bureau of Reclamation. See each individual market for its bracket and full resolution terms. Because a lower reading can occur at any point up to March 31, 2027, all outcomes are settled after the window closes, based on the lowest daily elevation recorded during the window. The resolution source is the minimum daily lake elevation published by the U.S. Bureau of Reclamation for Lake Mead at Hoover Dam, available at https://data.usbr.gov/catalog/4370/item/6123. USBR data is provisional and subject to revision; the lowest daily elevation reflected in USBR data as of April 15, 2027 governs, and revisions published after April 15, 2027 will not change the outcome. Daily elevation data published at https://lakemead.water-data.com/ may also be referenced, but if it disagrees with USBR, the USBR value governs. In the case that the Resolution Source publishes data, sufficient to settle a Market, that is clearly erroneous and the result of technical or operational error, or of unauthorized interference with the Resolution Source or its data, the Market may remain open for a period of up to seven (7) calendar days (ET) from the time of the original release, in anticipation of a correction by the Resolution Source. If the Resolution Source publishes a corrected value within that period, that value will be eligible for resolution. If no corrected value is published within that period, Polymarket will issue a Clarification to determine whether the originally published value may be eligible for resolution, or whether other action is required to preserve the orderly functioning of the Market.

This market resolves "Yes" if the lowest daily elevation recorded at Lake Mead (Hoover Dam, USBR site) between market creation and March 31, 2027 falls below 1,033.00 feet but does not fall below 1,028.00 feet. Otherwise, this market resolves "No." Resolution is determined by the lowest daily elevation recorded at Lake Mead (Hoover Dam, USBR site) between market creation and March 31, 2027. Because a lower reading can occur at any point up to March 31, 2027, all outcomes are settled after the window closes, based on the lowest daily elevation recorded during the window. The resolution source is the minimum daily lake elevation published by the U.S. Bureau of Reclamation for Lake Mead at Hoover Dam, available at https://data.usbr.gov/catalog/4370/item/6123. USBR data is provisional and subject to revision; the lowest daily elevation reflected in USBR data as of April 15, 2027 governs, and revisions published after April 15, 2027 will not change the outcome. Daily elevation data published at https://lakemead.water-data.com/ may also be referenced, but if it disagrees with USBR, the USBR value governs. In the case that the Resolution Source publishes data, suffi

How to read this market

Each share pays $1 if its outcome happens. Buying 1,028–1,033 ft at 51% risks 51¢ to win 49¢. Prices move with news and order flow, and thin markets can swing on small trades, so check volume and spread before treating a number as the crowd's view. See our guides to implied probability and how markets resolve.

Frequently asked questions

Who is favored in "How low will Lake Mead drop?"?
As of November 6, 2026, 1,028–1,033 ft is the favorite at 50.6%, followed by Below 1,028 ft at 32.0%.
When does this market resolve?
The market is scheduled to close on April 16, 2027. It resolves under Polymarket's rules once the outcome is known, which can be earlier or later than the listed date.
How much has been traded?
$23K in total and $0 in the last 24 hours, with about $1K of resting liquidity.
Can I trade this market?
Polymarket restricts access by location; the US version (Polymarket US) and the offshore site have different rules and fee schedules. Check availability in your jurisdiction. BetG8 earns a referral fee from the Polymtrade links on this page.

Related on BetG8

Data: Polymarket Gamma and CLOB APIs, fetched by BetG8 at the time shown above. Venues may restrict access by location. 18+ only.