Antecedent (if this happens)
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.
Consequent (then it means this happened or will happen)
KXPGAMAKECUT-VATO26-MPEN
Valero Texas Open: Will Marco Penge make the cut?
Series: KXPGAMAKECUT
Entity: Marco Penge
Expiration: 2026-04-03T22:00:00Z
Volume: 262
YES ask: 1.0000
NO ask: 0.0100
Last: 0.6700
View on Kalshi
Rules
If Marco Penge has made the cut at the 2026 Valero Texas Open, then the market resolves to Yes.
Confidence: high
Model: claude-sonnet-4-6
Screened: 2026-04-02T08:08:28Z
Reasoning: Finishing top 20 in a tournament requires completing the weekend rounds, which means the player must have made the cut. So top 20 implies making the cut. 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:
$1.3000
Days to maturity:
N/A
Hurdle yield:
N/A
Excess yield:
N/A