Antecedent (if this happens)
KXPGAR1LEAD-VATO26-ASMA
Will Alex Smalley lead at the end of Round 1 in the Valero Texas Open?
Series: KXPGAR1LEAD
Entity: Alex Smalley
Expiration: 2026-04-19T00:00:00Z
Volume: 48609
YES ask: 0.0100
NO ask: 1.0000
Last: 0.0200
View on Kalshi
Rules
If Alex Smalley is the leader at the end of Round 1 in the 2026 Valero Texas Open, then the market resolves to Yes.
Consequent (then it means this happened or will happen)
KXPGATOP20-VATO26-ASMA
Valero Texas Open: Will Alex Smalley finish top 20?
Series: KXPGATOP20
Entity: Alex Smalley
Expiration: 2026-04-19T00:00:00Z
Volume: 1291
YES ask: 0.8000
NO ask: 0.2400
Last: 0.7900
View on Kalshi
Rules
If Alex Smalley finishes in the top 20 (including ties) in the 2026 Valero Texas Open, then the market resolves to Yes.
Confidence: none
Model: claude-sonnet-4-6
Screened: 2026-04-02T08:15:27Z
Reasoning: Finishing top 20 overall does not require leading after Round 1, and leading after Round 1 does not guarantee a top 20 finish. No logical necessity in either direction.
Strategy: Buy NO on antecedent + YES on consequent
Yield:
N/A
Cost:
$1.8000
Days to maturity:
N/A
Hurdle yield:
N/A
Excess yield:
N/A