Antecedent (if this happens)
KXPGATOUR-VATO26-MPEN
Will Marco Penge win the Valero Texas Open?
Series: KXPGATOUR
Entity: Marco Penge
Expiration: 2026-04-05T00:00:00Z
Volume: 1168127
YES ask: 0.0200
NO ask: 0.9900
Last: 0.0200
View on Kalshi
Rules
If Marco Penge wins the Valero Texas Open, then the market resolves to Yes.
Consequent (then it means this happened or will happen)
KXPGATOP20-VATO26-MPEN
Valero Texas Open: Will Marco Penge finish top 20?
Series: KXPGATOP20
Entity: Marco Penge
Expiration: 2026-04-19T00:00:00Z
Volume: 7163
YES ask: 0.7400
NO ask: 0.3000
Last: 0.7400
View on Kalshi
Rules
If Marco Penge finishes in the top 20 (including ties) in the 2026 Valero Texas Open, then the market resolves to Yes.
Confidence: high
Model: claude-sonnet-4-6
Screened: 2026-04-01T08:11:46Z
Reasoning: Winning the Valero Texas Open means finishing 1st, which is necessarily within the top 20. The reverse does not hold — top 20 does not require winning.
Strategy: Buy NO on antecedent + YES on consequent
Yield:
N/A
Cost:
$1.7300
Days to maturity:
N/A
Hurdle yield:
N/A
Excess yield:
N/A