Antecedent (if this happens)
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.
Consequent (then it means this happened or will happen)
KXPGAMAKECUT-VATO26-JHIG
Valero Texas Open: Will Joe Highsmith make the cut?
Series: KXPGAMAKECUT
Entity: Joe Highsmith
Expiration: 2026-04-03T22:00:00Z
Volume: 648
YES ask: 1.0000
NO ask: 0.1000
Last: 0.9900
View on Kalshi
Rules
If Joe Highsmith has made the cut at the 2026 Valero Texas Open, then the market resolves to Yes.
Confidence: high
Model: claude-sonnet-4-6
Screened: 2026-04-02T08:13:22Z
Reasoning: Finishing top 20 in the tournament requires making the cut — you cannot finish in the top 20 overall without having survived 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:
$2.0000
Days to maturity:
N/A
Hurdle yield:
N/A
Excess yield:
N/A