How much will it rain in Los Angeles by the end of October?
Let's see what the prediction markets, sponsored by Kalshi, are saying about how much rain Los Angeles will see by the end of October.
FILE: Enhanced King Tides slam Southeast and West Coast with record coastal flooding
Parts of Florida saw some of the worst coastal flooding yet on Tuesday from the ongoing fall King Tide event, with flood levels continuing to surpass records set by several hurricanes. Several low-lying neighborhoods in South Florida were completely flooded with several feet of water during high tide. While peak flooding is expected to continue through Wednesday across the Southeast coast, relief for some of these neighborhoods will be gradual as high tide cycles slowly begin to recede. Meanwhile, California also set tidal flooding records in Los Angeles and San Francisco Tuesday, with West Coast tidal flooding expected to remain an issue through Friday.
LOS ANGELES, Calif. – As the spooky season ends, wet weather won’t give up yet, with rain and storms expected to persist as October wraps up over the next few days.
Despite recent nasty weather, Los Angeles has experienced just 0.69 inches of rain so far this month, according to the National Weather Service (NWS).
This comes as portions of the California coast are expected to see severe conditions and higher-than-normal tides throughout the week, with record high tides already observed in Los Angeles.
Coastal flood advisories are in effect.
Los Angeles, CaliforniaJan. 4, 2023Mathew Prado, who works at the Sheraton Hotel at Universal Studio, sweeps water from the front drive.
(Carolyn Cole / Los Angeles Times / Getty Images)
As Halloween approaches, Los Angeles is set to see showers on Saturday and Sunday for the holiday weekend.
In light of the severe conditions and precipitation headed to the City of Angels, prediction markets at Kalshi are breaking down the chances of how much rain will fall by the end of the month.
Experts at Kalshi expect a 15% chance of more than an inch of rainfall in Los Angeles by the end of October, though the city has a small chance of reaching that level.
WATCH: SANTA FE ROCKED BY FIRST TORNADO IN 50 YEARS AS RARE TWISTER LEAVES BEHIND WIDESPREAD DAMAGE
These chances could change as the holiday weekend approaches and weather conditions develop starting Saturday.