Pair #8256

Antecedent (if this happens)

KXPGAMAJORWIN-26-CSMI

Who will win a PGA Tour Major in 2026?

Series: KXPGAMAJORWIN
Entity: Cameron Smith
Expiration: 2026-12-31T15:00:00Z
Volume: 10169

YES ask: 0.0500
NO ask: 1.0000
Last: 0.0100

View on Kalshi

Rules If Cameron Smith wins any of the four golf major tournaments (The Masters, the PGA Championship, the U.S. Open, and The Open Championship) in 2026, then the market resolves to Yes.
Consequent (then it means this happened or will happen)

KXPGATOP5-MAST26-CAS

The Masters: Will Cameron Smith finish top 5?

Series: KXPGATOP5
Entity: Cameron Smith
Expiration: 2026-04-12T23:00:00Z
Volume: 7619

YES ask: 0.0500
NO ask: 0.9900
Last: 0.0900

View on Kalshi

Rules If Cameron Smith finishes in the top 5 (including ties) in the 2026 The Masters, then the market resolves to Yes.
LLM Screening

Confidence: none
Model: claude-sonnet-4-6
Screened: 2026-04-07T08:29:19Z

Reasoning: Winning a major in 2026 does not require finishing top 5 at The Masters — Smith could win a different major. Finishing top 5 at The Masters does not imply winning any major. No logical implication in either direction.

Strategy: Buy NO on antecedent + YES on consequent
Yield: -8.02% (negative yield)
Cost: $1.0500
Days to maturity: 213
Hurdle yield: 4.28%
Excess yield: -12.30% BELOW HURDLE

Human Review

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