Antecedent (if this happens)
KXPGATOP5-VAC26-ASMA
Valspar Championship: Will Alex Smalley finish top 5?
Series: KXPGATOP5
Entity: Alex Smalley
Expiration: 2026-04-05T00:00:00Z
Volume: 529
YES ask: 0.0400
NO ask: 1.0000
Last: 0.0200
View on Kalshi
Rules
If Alex Smalley finishes top 5 (including ties) in the 2026 Valspar Championship golf tournament, then the market resolves to Yes.
Consequent (then it means this happened or will happen)
KXPGATOP20-VAC26-ASMA
Valspar Championship: Will Alex Smalley finish top 20?
Series: KXPGATOP20
Entity: Alex Smalley
Expiration: 2026-04-05T00:00:00Z
Volume: 11024
YES ask: 0.3400
NO ask: 0.6700
Last: 0.3400
View on Kalshi
Rules
If Alex Smalley finishes top 20 (including ties) in the 2026 Valspar Championship golf tournament, then the market resolves to Yes.
Confidence: high
Model: claude-sonnet-4-6
Screened: 2026-03-21T08:03:02Z
Reasoning: If Alex Smalley finishes top 5, he necessarily finishes top 20 as well. The reverse does not hold — a top 20 finish does not guarantee a top 5 finish.
Strategy: Buy NO on antecedent + YES on consequent
Yield:
N/A
Cost:
$1.3400
Days to maturity:
N/A
Hurdle yield:
N/A
Excess yield:
N/A