Pair #12935

Antecedent (if this happens)

KXPGATOP40-THOC26-MTHO

The Open Championship: Will Michael Thorbjornsen finish top 40?

Series: KXPGATOP40
Entity: Michael Thorbjornsen
Expiration: 2026-08-02T04:00:00Z
Volume: 2627

YES ask: 0.3500
NO ask: 0.8900
Last: 0.3500

View on Kalshi

Rules If Michael Thorbjornsen finishes in the top 40 (including ties) in the 2026 The Open Championship, then the market resolves to Yes.
Consequent (then it means this happened or will happen)

KXPGAMAKECUT-THOC26-MTHO

The Open Championship: Will Michael Thorbjornsen make the cut?

Series: KXPGAMAKECUT
Entity: Michael Thorbjornsen
Expiration: 2026-07-18T02:00:00Z
Volume: 397

YES ask: 0.5800
NO ask: 0.4400
Last: 0.5700

View on Kalshi

Rules If Michael Thorbjornsen has made the cut at the 2026 The Open Championship, then the market resolves to Yes.
LLM Screening

Confidence: medium
Model: claude-sonnet-5
Screened: 2026-07-15T07:45:37Z
Code version: ecbe685

Reasoning: [structural reuse of KXPGAMAKECUT-THOC26-MJOR/KXPGATOP40-THOC26-MJOR] [structural reuse of KXPGAMAKECUT-THOC26-JROS/KXPGATOP40-THOC26-JROS] A top40 finish requires having made the cut, though making the cut alone doesn't guarantee top40.

Strategy: Buy NO on antecedent + YES on consequent
Est. yield (after fees): -99.97% (negative yield)
Cost: $1.4700 + ~$0.0239 est. fees
Days to maturity: 18
Hurdle yield: 4.23%
Excess yield: -104.20% BELOW HURDLE

Human Review

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