Antecedent (if this happens)
KXPGAR1LEAD-VATO26-MTHO
Will Michael Thorbjornsen lead at the end of Round 1 in the Valero Texas Open?
Series: KXPGAR1LEAD
Entity: Michael Thorbjornsen
Expiration: 2026-04-19T00:00:00Z
Volume: 133075
YES ask: 0.0100
NO ask: 1.0000
Last: 0.0100
View on Kalshi
Rules
If Michael Thorbjornsen 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)
KXPGAR1TOP5-VATO26-MTHO
Valero Texas Open: Will Michael Thorbjornsen finish top 5 in Round 1?
Series: KXPGAR1TOP5
Entity: Michael Thorbjornsen
Expiration: 2026-04-02T22:00:00Z
Volume: 1644
YES ask: 0.9900
NO ask: 1.0000
Last: 0.0100
View on Kalshi
Rules
If Michael Thorbjornsen finishes in the top 5 (including ties) in the 1st Round of the 2026 Valero Texas Open, then the market resolves to Yes.
Confidence: high
Model: claude-sonnet-4-6
Screened: 2026-04-03T08:07:17Z
Reasoning: If Thorbjornsen leads after Round 1, he is in 1st place, which is necessarily within the top 5. The reverse does not hold — finishing top 5 does not imply leading.
Strategy: Buy NO on antecedent + YES on consequent
Yield:
N/A
Cost:
$1.9900
Days to maturity:
N/A
Hurdle yield:
N/A
Excess yield:
N/A