Pair #10212

Antecedent (if this happens)

KXPGAMAJORWIN-26-SBUR

Who will win a PGA Tour Major in 2026?

Series: KXPGAMAJORWIN
Entity: Sam Burns
Expiration: 2026-12-31T15:00:00Z
Volume: 22028

YES ask: 0.0300
NO ask: 0.9900
Last: 0.0200

View on Kalshi

Rules If Sam Burns wins any of the four golf major tournaments (The Masters, the PGA Championship, the U.S. Open, and The Open Championship) in 2026, then the market resolves to Yes.
Consequent (then it means this happened or will happen)

KXPGAR1LEAD-THOC26-SBUR

Will Sam Burns lead at the end of Round 1 in the The Open Championship?

Series: KXPGAR1LEAD
Entity: Sam Burns
Expiration: 2026-08-02T04:00:00Z
Volume: 44866

YES ask: 0.0150
NO ask: 0.9860
Last: 0.0180

View on Kalshi

Rules If Sam Burns is the leader at the end of Round 1 in the 2026 The Open Championship, then the market resolves to Yes.
LLM Screening

Confidence: none
Model: claude-sonnet-5
Screened: 2026-07-12T08:11:23Z
Code version: N/A

Reasoning: Winning a major (possibly a different one) doesn't require leading Round 1 of The Open, nor does leading R1 guarantee winning a major.

Strategy: Buy NO on antecedent + YES on consequent
Est. yield (after fees): -1.45% (negative yield)
Cost: $1.0050 + ~$0.0017 est. fees
Days to maturity: 168
Hurdle yield: 4.44%
Excess yield: -5.89% BELOW HURDLE

Human Review

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