Antecedent (if this happens)
KXPGAR3LEAD-VATO26-BCAU
Will Bud Cauley lead at the end of Round 3 in the Valero Texas Open?
Series: KXPGAR3LEAD
Entity: Bud Cauley
Expiration: 2026-04-19T00:00:00Z
Volume: 584
YES ask: 0.0300
NO ask: 1.0000
Last: 0.0400
View on Kalshi
Rules
If Bud Cauley is the leader at the end of Round 3 in the 2026 Valero Texas Open, then the market resolves to Yes.
Consequent (then it means this happened or will happen)
KXPGATOP5-VATO26-BCAU
Valero Texas Open: Will Bud Cauley finish top 5?
Series: KXPGATOP5
Entity: Bud Cauley
Expiration: 2026-04-19T00:00:00Z
Volume: 5601
YES ask: 0.1900
NO ask: 1.0000
Last: 0.1900
View on Kalshi
Rules
If Bud Cauley finishes in the top 5 (including ties) in the 2026 Valero Texas Open, then the market resolves to Yes.
Confidence: none
Model: claude-sonnet-4-6
Screened: 2026-04-05T08:02:45Z
Reasoning: Leading after R3 does not guarantee a top 5 finish (could collapse in R4), and finishing top 5 does not require leading after R3. No logical necessity in either direction.
Strategy: Buy NO on antecedent + YES on consequent
Yield:
N/A
Cost:
$1.1900
Days to maturity:
N/A
Hurdle yield:
N/A
Excess yield:
N/A