Antecedent (if this happens)
KXPGAR1LEAD-THOC26-PREE
Will Patrick Reed lead at the end of Round 1 in the The Open Championship?
Series: KXPGAR1LEAD
Entity: Patrick Reed
Expiration: 2026-08-02T04:00:00Z
Volume: 11938
YES ask: 0.0120
NO ask: 0.9990
Last: 0.0120
View on Kalshi
Rules
If Patrick Reed is the leader at the end of Round 1 in the 2026 The Open Championship, then the market resolves to Yes.
Consequent (then it means this happened or will happen)
KXPGATOP20-THOC26-PREE
The Open Championship: Will Patrick Reed finish top 20?
Series: KXPGATOP20
Entity: Patrick Reed
Expiration: 2026-08-02T04:00:00Z
Volume: 9033
YES ask: 0.2900
NO ask: 0.7200
Last: 0.2900
View on Kalshi
Rules
If Patrick Reed finishes in the top 20 (including ties) in the 2026 The Open Championship, then the market resolves to Yes.
Confidence: none
Model: rule-screener-v1
Screened: 2026-07-13T07:45:26Z
Code version: ecbe685
Reasoning: rule: round-position and final-result markets don't imply each other
Strategy: Buy NO on antecedent + YES on consequent
Est. yield (after fees):
-99.66%
(negative yield)
Cost:
$1.2890
+ ~$0.0145 est. fees
Days to maturity:
17
Hurdle yield:
4.23%
Excess yield:
-103.89%
BELOW HURDLE