Antecedent (if this happens)
KXPGATOP20-VATO26-JSPA
Valero Texas Open: Will J.J. Spaun finish top 20?
Series: KXPGATOP20
Entity: J.J. Spaun
Expiration: 2026-04-19T00:00:00Z
Volume: 5847
YES ask: 0.6800
NO ask: 0.3300
Last: 0.6700
View on Kalshi
Rules
If J.J. Spaun finishes in the top 20 (including ties) in the 2026 Valero Texas Open, then the market resolves to Yes.
Consequent (then it means this happened or will happen)
KXPGAMAKECUT-VATO26-JSPA
Valero Texas Open: Will J.J. Spaun make the cut?
Series: KXPGAMAKECUT
Entity: J.J. Spaun
Expiration: 2026-04-03T22:00:00Z
Volume: 722
YES ask: 1.0000
NO ask: 0.0100
Last: 0.6300
View on Kalshi
Rules
If J.J. Spaun has made the cut at the 2026 Valero Texas Open, then the market resolves to Yes.
Confidence: high
Model: claude-sonnet-4-6
Screened: 2026-04-01T08:13:26Z
Reasoning: If Spaun finishes top 20 at the Valero Texas Open, he must have made the cut to play the weekend rounds and achieve that finish. The reverse does not hold — making the cut does not guarantee a top 20 finish.
Strategy: Buy NO on antecedent + YES on consequent
Yield:
N/A
Cost:
$1.3300
Days to maturity:
N/A
Hurdle yield:
N/A
Excess yield:
N/A