Antecedent (if this happens)
KXPGATOP5-VATO26-JHIG
Valero Texas Open: Will Joe Highsmith finish top 5?
Series: KXPGATOP5
Entity: Joe Highsmith
Expiration: 2026-04-19T00:00:00Z
Volume: 1800
YES ask: 0.1100
NO ask: 1.0000
Last: 0.0200
View on Kalshi
Rules
If Joe Highsmith finishes in the top 5 (including ties) in the 2026 Valero Texas Open, then the market resolves to Yes.
Consequent (then it means this happened or will happen)
KXPGATOP20-VATO26-JHIG
Valero Texas Open: Will Joe Highsmith finish top 20?
Series: KXPGATOP20
Entity: Joe Highsmith
Expiration: 2026-04-19T00:00:00Z
Volume: 810
YES ask: 0.1400
NO ask: 1.0000
Last: 0.3200
View on Kalshi
Rules
If Joe Highsmith 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: 2026-04-01T08:19:38Z
Reasoning: A top 5 finish necessarily implies a top 20 finish. The reverse does not hold.
Strategy: Buy NO on antecedent + YES on consequent
Yield:
N/A
Cost:
$1.1400
Days to maturity:
N/A
Hurdle yield:
N/A
Excess yield:
N/A