Antecedent (if this happens)
KXPGAR1TOP5-VATO26-ASMA
Valero Texas Open: Will Alex Smalley finish top 5 in Round 1?
Series: KXPGAR1TOP5
Entity: Alex Smalley
Expiration: 2026-04-02T22:00:00Z
Volume: 1381
YES ask: 0.9900
NO ask: 1.0000
Last: 0.0100
View on Kalshi
Rules
If Alex Smalley 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)
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: 2026-04-03T08:12:41Z
Reasoning: Final top 20 finish and Round 1 top 5 finish are independent — neither logically necessitates the other.
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