Pair #12867

Antecedent (if this happens)

KXPGAMAJORWIN-26-CSMI

Who will win a PGA Tour Major in 2026?

Series: KXPGAMAJORWIN
Entity: Cameron Smith
Expiration: 2026-12-31T15:00:00Z
Volume: 13381

YES ask: 0.0100
NO ask: 1.0000
Last: 0.0100

View on Kalshi

Rules If Cameron Smith 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)

KXPGATOP40-THOC26-CSMI

The Open Championship: Will Cameron Smith finish top 40?

Series: KXPGATOP40
Entity: Cameron Smith
Expiration: 2026-08-02T04:00:00Z
Volume: 224

YES ask: 0.3000
NO ask: 0.9700
Last: 0.3000

View on Kalshi

Rules If Cameron Smith finishes in the top 40 (including ties) in the 2026 The Open Championship, then the market resolves to Yes.
LLM Screening

Confidence: none
Model: claude-sonnet-5
Screened: 2026-07-15T07:45:37Z
Code version: ecbe685

Reasoning: [structural reuse of KXPGAMAJORWIN-26-PREE/KXPGATOP40-THOC26-PREE] [structural reuse of KXPGAMAJORWIN-26-JROS/KXPGATOP40-THOC26-JROS] Winning any major (e.g. Masters) does not require a top40 finish at The Open specifically.

Strategy: Buy NO on antecedent + YES on consequent
Est. yield (after fees): -44.81% (negative yield)
Cost: $1.3000 + ~$0.0147 est. fees
Days to maturity: 168
Hurdle yield: 4.44%
Excess yield: -49.25% BELOW HURDLE

Human Review

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