Antecedent (if this happens)
KXPGAR1LEAD-VATO26-RHEN
Will Russell Henley lead at the end of Round 1 in the Valero Texas Open?
Series: KXPGAR1LEAD
Entity: Russell Henley
Expiration: 2026-04-19T00:00:00Z
Volume: 79207
YES ask: 0.0100
NO ask: 1.0000
Last: 0.0100
View on Kalshi
Rules
If Russell Henley is the leader at the end of Round 1 in the 2026 Valero Texas Open, then the market resolves to Yes.
Consequent (then it means this happened or will happen)
KXPGAR1TOP5-VATO26-RHEN
Valero Texas Open: Will Russell Henley finish top 5 in Round 1?
Series: KXPGAR1TOP5
Entity: Russell Henley
Expiration: 2026-04-02T22:00:00Z
Volume: 425
YES ask: 0.9900
NO ask: 1.0000
Last: 0.1200
View on Kalshi
Rules
If Russell Henley finishes in the top 5 (including ties) in the 1st Round of the 2026 Valero Texas Open, then the market resolves to Yes.
Confidence: high
Model: claude-sonnet-4-6
Screened: 2026-04-01T08:05:30Z
Reasoning: If Henley leads after Round 1, he is necessarily in the top 5 (and top 1) after Round 1. The reverse does not hold — top 5 in R1 does not require being the outright leader.
Strategy: Buy NO on antecedent + YES on consequent
Yield:
N/A
Cost:
$1.9900
Days to maturity:
N/A
Hurdle yield:
N/A
Excess yield:
N/A