Antecedent (if this happens)
KXPGATOP5-THOC26-PREE
The Open Championship: Will Patrick Reed finish top 5?
Series: KXPGATOP5
Entity: Patrick Reed
Expiration: 2026-08-02T04:00:00Z
Volume: 1065
YES ask: 0.0900
NO ask: 0.9200
Last: 0.0900
View on Kalshi
Rules
If Patrick Reed finishes in the top 5 (including ties) in the 2026 The Open Championship, then the market resolves to Yes.
Consequent (then it means this happened or will happen)
KXPGATOP40-THOC26-PREE
The Open Championship: Will Patrick Reed finish top 40?
Series: KXPGATOP40
Entity: Patrick Reed
Expiration: 2026-08-02T04:00:00Z
Volume: 6381
YES ask: 0.5100
NO ask: 0.5400
Last: 0.5100
View on Kalshi
Rules
If Patrick Reed finishes in the top 40 (including ties) in the 2026 The Open Championship, then the market resolves to Yes.
Confidence: high
Model: claude-sonnet-5
Screened: 2026-07-14T08:00:36Z
Code version: ecbe685
Reasoning: [structural reuse of KXPGATOP5-THOC26-JROS/KXPGATOP40-THOC26-JROS] A top5 finish is necessarily also a top40 finish.
Strategy: Buy NO on antecedent + YES on consequent
Est. yield (after fees):
-99.95%
(negative yield)
Cost:
$1.4300
+ ~$0.0226 est. fees
Days to maturity:
18
Hurdle yield:
4.23%
Excess yield:
-104.18%
BELOW HURDLE