Pair #174

Antecedent (if this happens)

KXNHL-26-CGY

Will Calgary Flames win the 2025-26 Stanley Cup Finals?

Series: KXNHL
Entity: Calgary Flames
Expiration: 2026-07-01T14:00:00Z
Volume: 29520

YES ask: 0.0100
NO ask: 1.0000
Last: 0.0100

View on Kalshi

Rules If the Calgary Flames win the 2025-26 Stanley Cup Finals, then the market resolves to Yes.
Consequent (then it means this happened or will happen)

KXNHLWEST-26-CGY

Western Conference Finals Winner?

Series: KXNHLWEST
Entity: Calgary Flames
Expiration: 2026-07-01T14:00:00Z
Volume: 2250

YES ask: 0.0100
NO ask: 1.0000
Last: 0.0100

View on Kalshi

Rules If Calgary Flames wins the Western Conference Finals, then the market resolves to Yes.
LLM Screening

Confidence: high
Model: claude-sonnet-4-6
Screened: 2026-03-18T08:02:51Z

Reasoning: To win the Stanley Cup Finals, Calgary must first win the Western Conference Finals. So winning the Cup implies winning the Western Conference Finals. The reverse does not hold.

Strategy: Buy NO on antecedent + YES on consequent
Yield: -11.06% (negative yield)
Cost: $1.0100
Days to maturity: 31
Hurdle yield: 4.22%
Excess yield: -15.27% BELOW HURDLE

Human Review

Decision: confirmed
Reviewed at: 2026-03-18T09:31:22Z

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