Pair #12967

Antecedent (if this happens)

KXPGAMAJORWIN-26-PREE

Who will win a PGA Tour Major in 2026?

Series: KXPGAMAJORWIN
Entity: Patrick Reed
Expiration: 2026-12-31T15:00:00Z
Volume: 11680

YES ask: 0.0300
NO ask: 0.9900
Last: 0.0300

View on Kalshi

Rules If Patrick Reed 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)

KXPGAR1TOP5-THOC26-PREE

The Open Championship: Will Patrick Reed finish top 5 in Round 1?

Series: KXPGAR1TOP5
Entity: Patrick Reed
Expiration: 2026-07-16T16:00:00Z
Volume: 442

YES ask: 0.1300
NO ask: 1.0000
Last: 0.0900

View on Kalshi

Rules If Patrick Reed finishes in the top 5 (including ties) in the 1st Round of the 2026 The Open Championship, then the market resolves to Yes.
LLM Screening

Confidence: none
Model: claude-sonnet-5
Screened: 2026-07-15T08:00:46Z
Code version: ecbe685

Reasoning: [structural reuse of KXPGAMAJORWIN-26-SWOO/KXPGAR1TOP5-THOC26-WKIM] Winning a major in 2026 doesn't require a top5 Round1 finish at The Open specifically.

Strategy: Buy NO on antecedent + YES on consequent
Est. yield (after fees): -23.11% (negative yield)
Cost: $1.1200 + ~$0.0086 est. fees
Days to maturity: 168
Hurdle yield: 4.44%
Excess yield: -27.56% BELOW HURDLE

Human Review

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