Antecedent (if this happens)
KXPGATOP5-MAST26-PREE
Masters Tournament: Will Patrick Reed finish top 5?
Series: KXPGATOP5
Entity: Patrick Reed
Expiration: 2026-04-12T23:00:00Z
Volume: 250581
YES ask: 0.2000
NO ask: 0.8100
Last: 0.1900
View on Kalshi
Rules
If Patrick Reed finishes in the top 5 (including ties) in the 2026 Masters Tournament, then the market resolves to Yes.
Consequent (then it means this happened or will happen)
KXPGAMAKECUT-MAST26-PREE
The Masters: Will Patrick Reed make the cut?
Series: KXPGAMAKECUT
Entity: Patrick Reed
Expiration: 2026-04-11T10:00:00Z
Volume: 13451
YES ask: 0.9900
NO ask: 0.0200
Last: 0.9900
View on Kalshi
Rules
If Patrick Reed has made the cut at the 2026 The Masters, then the market resolves to Yes.
Confidence: high
Model: claude-sonnet-4-6
Screened: 2026-04-07T08:03:33Z
Reasoning: If Patrick Reed finishes top 5 in the full tournament, he must have made the cut — you cannot finish in the top 5 overall without surviving the cut. The reverse does not hold: making the cut does not guarantee a top 5 finish.
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