Antecedent (if this happens)
KXPGATOP5-VATO26-PWAR
Valero Texas Open: Will Paul Waring finish top 5?
Series: KXPGATOP5
Entity: Paul Waring
Expiration: 2026-04-19T00:00:00Z
Volume: 477
YES ask: 0.0500
NO ask: 1.0000
Last: 0.0100
View on Kalshi
Rules
If Paul Waring 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-PWAR
Valero Texas Open: Will Paul Waring finish top 20?
Series: KXPGATOP20
Entity: Paul Waring
Expiration: 2026-04-19T00:00:00Z
Volume: 614
YES ask: 0.1800
NO ask: 0.9300
Last: 0.2000
View on Kalshi
Rules
If Paul Waring 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: 2026-04-02T08:16:38Z
Reasoning: Finishing top 5 necessarily means finishing top 20. The reverse does not hold.
Strategy: Buy NO on antecedent + YES on consequent
Yield:
N/A
Cost:
$1.1800
Days to maturity:
N/A
Hurdle yield:
N/A
Excess yield:
N/A