Antecedent (if this happens)
KXPGAR1LEAD-MAST26-CMOR
Will Collin Morikawa lead at the end of Round 1 in the The Masters?
Series: KXPGAR1LEAD
Entity: Collin Morikawa
Expiration: 2026-04-26T23:00:00Z
Volume: 170378
YES ask: 0.0160
NO ask: 0.9870
Last: 0.0160
View on Kalshi
Rules
If Collin Morikawa is the leader at the end of Round 1 in the 2026 The Masters, then the market resolves to Yes.
Consequent (then it means this happened or will happen)
KXPGAR1TOP5-MAST26-CMOR
The Masters: Will Collin Morikawa finish top 5 in Round 1?
Series: KXPGAR1TOP5
Entity: Collin Morikawa
Expiration: 2026-04-10T00:00:00Z
Volume: 751
YES ask: 0.1000
NO ask: 0.9100
Last: 0.1000
View on Kalshi
Rules
If Collin Morikawa finishes in the top 5 (including ties) in the 1st Round of the 2026 The Masters, then the market resolves to Yes.
Confidence: high
Model: claude-sonnet-4-6
Screened: 2026-04-07T08:10:45Z
Reasoning: If Morikawa is the outright leader after Round 1, he is necessarily in the top 5 (being #1 is within top 5). The reverse does not hold — finishing top 5 does not mean he is the sole leader.
Strategy: Buy NO on antecedent + YES on consequent
Yield:
N/A
Cost:
$1.0870
Days to maturity:
N/A
Hurdle yield:
N/A
Excess yield:
N/A