Pair #11828

Antecedent (if this happens)

KXPGAMAJORWIN-26-MPEN

Who will win a PGA Tour Major in 2026?

Series: KXPGAMAJORWIN
Entity: Marco Penge
Expiration: 2026-12-31T15:00:00Z
Volume: 900

YES ask: 0.0100
NO ask: 1.0000
Last: 0.0100

View on Kalshi

Rules If Marco Penge 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)

KXPGATOP20-THOC26-MPEN

The Open Championship: Will Marco Penge finish top 20?

Series: KXPGATOP20
Entity: Marco Penge
Expiration: 2026-08-02T04:00:00Z
Volume: 985

YES ask: 0.1200
NO ask: 0.9000
Last: 0.1200

View on Kalshi

Rules If Marco Penge finishes in the top 20 (including ties) in the 2026 The Open Championship, then the market resolves to Yes.
LLM Screening

Confidence: none
Model: claude-sonnet-5
Screened: 2026-07-14T07:45:35Z
Code version: ecbe685

Reasoning: [structural reuse of KXPGAMAJORWIN-26-PREE/KXPGATOP20-THOC26-PREE] [structural reuse of KXPGAMAJORWIN-26-BCAU/KXPGATOP20-THOC26-BCAU] Winning any major doesn't require winning/placing top20 specifically at The Open Championship, since he could win a different major instead.

Strategy: Buy NO on antecedent + YES on consequent
Est. yield (after fees): -22.93% (negative yield)
Cost: $1.1200 + ~$0.0074 est. fees
Days to maturity: 168
Hurdle yield: 4.44%
Excess yield: -27.37% BELOW HURDLE

Human Review

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