Antecedent (if this happens)
KXPGATOP20-VATO26-BHOR
Valero Texas Open: Will Billy Horschel finish top 20?
Series: KXPGATOP20
Entity: Billy Horschel
Expiration: 2026-04-19T00:00:00Z
Volume: 3234
YES ask: 0.3300
NO ask: 0.7400
Last: 0.2800
View on Kalshi
Rules
If Billy Horschel 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-BHOR
Valero Texas Open: Will Billy Horschel make the cut?
Series: KXPGAMAKECUT
Entity: Billy Horschel
Expiration: 2026-04-03T22:00:00Z
Volume: 4423
YES ask: 1.0000
NO ask: 0.0100
Last: 0.9900
View on Kalshi
Rules
If Billy Horschel has made the cut at the 2026 Valero Texas Open, then the market resolves to Yes.
Confidence: high
Model: claude-sonnet-4-6
Screened: 2026-04-02T08:11:57Z
Reasoning: Finishing in the top 20 of a tournament requires having made 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:
$1.7400
Days to maturity:
N/A
Hurdle yield:
N/A
Excess yield:
N/A