Antecedent (if this happens)
KXPGATOP5-VATO26-MKIM
Valero Texas Open: Will Michael Kim finish top 5?
Series: KXPGATOP5
Entity: Michael Kim
Expiration: 2026-04-19T00:00:00Z
Volume: 1635
YES ask: 0.2400
NO ask: 0.9300
Last: 0.2900
View on Kalshi
Rules
If Michael Kim 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-MKIM
Valero Texas Open: Will Michael Kim finish top 20?
Series: KXPGATOP20
Entity: Michael Kim
Expiration: 2026-04-19T00:00:00Z
Volume: 2468
YES ask: 0.8100
NO ask: 0.2300
Last: 0.7300
View on Kalshi
Rules
If Michael Kim 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: 2026-04-05T08:01:52Z
Reasoning: Finishing top 5 necessarily means finishing top 20 (top 5 is a subset of top 20). The reverse does not hold — top 20 does not require top 5.
Strategy: Buy NO on antecedent + YES on consequent
Yield:
N/A
Cost:
$1.7400
Days to maturity:
N/A
Hurdle yield:
N/A
Excess yield:
N/A