Will 2024 be the hottest year on record? 8/11 odds now given that this year will be the hottest despite wet April!

OLBG look at the chances that 2024 is the hottest on record with bookies now making it odds on that we see yet another increase in the overall temperature across the world.
Will 2024 be the hottest year on record? 8/11 odds now given that this year will be the hottest despite wet April!
Nigel Skinner
Nigel Skinner Expert Guide

Many people bet based on headlines or hunches. I dig into research and market moves behind political odds & manager markets, so you can back decisions, not guesses.

  • Odds now at 8/11 that 2024 will be the hottest year there has been
  • Data given via the Global Land-Ocean Temperature Index
  • Warmer air is able to hold more moisture meaning we've seen more rain in the UK

Odds now at 8/11 that 2024 will be the hottest year there has been

2024 could well be the hottest year there has ever been with last month being the world's warmest March on record with temperature records more common now.

March extended the run of monthly temperature records at 10 in-a-row and we may well see 2024 become the hottest there has ever been judging by the numbers.

Betting odds are now given on the potential of this year being the hottest with the latest odds at 8/11 that 2024 will break the overall record.

NASA's "Global Temperature Index" is the marker that we go off, with last year breaking the record with an increase of 1.17C.

Will 2024 be the hottest year on record?OddsProbability
Yes8/1157.9%
No6/440.0%
What the expert says...
Despite much wetter times in the UK in recent months, the latest betting odds suggest that we will see another record year for temperatures across the world with the latest odds at 8/11 that 2024 is the hottest on record!

Nigel Skinner - Current Affairs Betting Expert - OLBG.com

Data given via the Global Land-Ocean Temperature Index

The data is provided by the Global Land-Ocean Temperature Index and looks at whether 2024 shows an increase of 1.18°C or greater when it is released.

NASA's explanation of the Global Land-Ocean Temperature Index is, "Land-Ocean Temperature Index is a measure of how global average temperatures have changed over long periods of time. A temperature anomaly is how much warmer or cooler a particular year was compared to a 30-year average. The temperature anomaly is computed using observations from weather stations for land data"

Previous markets for this have gone off NASA's GISTEMP Surface Temperature Analysis which gives the temperature based on the land-ocean reading that is given on the climate.nasa.gov site.

Warmer air is able to hold more moisture meaning we've seen more rain in the UK

Despite March being the warmest on record globally, the UK has seen non-stop rainfall with the 2024 Winter being warmer and wetter than average.

With Climate Change becoming more and more prevalent it's predicted by the Met Office that winters in the UK will be up to 30% wetter than they were in 1990.

Crown/BBC.

Met Office stats showed that it was much warmer than the average and wetter too with the above graphic giving further detail.

Current Affairs Author Contribution

Nigel Skinner

Current Affairs Betting Expert

Current Affairs are key and Nigel is an expert at all things across a broad spectrum of betting angles available including Time Person of the Year, Royal Family betting and much more.

- Nigel Skinner, Expert Guide

Jake Ashton

Jake Ashton

- Your Betting Odds Guide 👍

Jake is our News Content Manager and Entertainment Betting Expert. He reviews all content, fact-checks the data, edits the copy and enhances all of the OLBG News content from our expert team ahead of publication.

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