Antecedent (if this happens)
KXPGAR1TOP5-VATO26-RHIS
Valero Texas Open: Will Ryo Hisatsune finish top 5 in Round 1?
Series: KXPGAR1TOP5
Entity: Ryo Hisatsune
Expiration: 2026-04-02T22:00:00Z
Volume: 329
YES ask: 0.9900
NO ask: 1.0000
Last: 0.1400
View on Kalshi
Rules
If Ryo Hisatsune finishes in the top 5 (including ties) in the 1st Round of the 2026 Valero Texas Open, then the market resolves to Yes.
Consequent (then it means this happened or will happen)
KXPGAR2LEAD-VATO26-RHIS
Will Ryo Hisatsune lead at the end of Round 2 in the Valero Texas Open?
Series: KXPGAR2LEAD
Entity: Ryo Hisatsune
Expiration: 2026-04-19T00:00:00Z
Volume: 20650
YES ask: 0.0100
NO ask: 1.0000
Last: 0.0100
View on Kalshi
Rules
If Ryo Hisatsune is the leader at the end of Round 2 in the 2026 Valero Texas Open, then the market resolves to Yes.
Confidence: none
Model: claude-sonnet-4-6
Screened: 2026-04-03T08:06:58Z
Reasoning: Leading after Round 2 does not require a top-5 finish in Round 1 (could be outside top 5 after R1 and lead after R2). Being top 5 after R1 does not imply leading after R2. No logical necessity in either direction.
Strategy: Buy NO on antecedent + YES on consequent
Yield:
N/A
Cost:
$1.0100
Days to maturity:
N/A
Hurdle yield:
N/A
Excess yield:
N/A