Antecedent (if this happens)
KXPGATOP10-VATO26-ASMA
Valero Texas Open: Will Alex Smalley finish top 10?
Series: KXPGATOP10
Entity: Alex Smalley
Expiration: 2026-04-19T00:00:00Z
Volume: 6996
YES ask: 0.5300
NO ask: 0.6200
Last: 0.4500
View on Kalshi
Rules
If Alex Smalley finishes in the top 10 (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-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: high
Model: claude-sonnet-4-6
Screened: 2026-04-03T08:12:41Z
Reasoning: Finishing top 10 necessarily means finishing top 20. The reverse does not hold — finishing top 20 does not guarantee top 10.
Strategy: Buy NO on antecedent + YES on consequent
Yield:
N/A
Cost:
$1.4200
Days to maturity:
N/A
Hurdle yield:
N/A
Excess yield:
N/A