We present a novel algorithm that predicts the probability that time derivative of the horizontal component of the ground magnetic field $dB/dt$ exceeds a specified threshold at a given location. This quantity provides important information that is physically relevant to Geomagnetically Induced Currents (GIC), which are electric currents induced by sudden changes of the Earth's magnetic field due to Space Weather events. The model follows a 'gray-box' approach by combining the output of a physics-based model with a machine learning approach. Specifically, we use the University of Michigan's Geospace model, that is operational at the NOAA Space Weather Prediction Center, with a boosted ensemble of classification trees. We discuss in detail the issue of combining a large dataset of ground-based measurements ($\sim$ 20 years) with a limited set of simulation runs ($\sim$ 2 years) by developing a surrogate model for the years in which simulation runs are not available. We also discuss the problem of re-calibrating the output of the decision tree to obtain reliable probabilities. The performance of the model is assessed by typical metrics for probabilistic forecasts: Probability of Detection and False Detection, True Skill Score, Heidke Skill Score, and Receiver Operating Characteristic curve.