Antecedent (if this happens)
KXPGAR1LEAD-MAST26-JKNA
Will Jake Knapp lead at the end of Round 1 in the The Masters?
Series: KXPGAR1LEAD
Entity: Jake Knapp
Expiration: 2026-04-26T23:00:00Z
Volume: 267467
YES ask: 0.0170
NO ask: 0.9850
Last: 0.0170
View on Kalshi
Rules
If Jake Knapp 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-JKNA
The Masters: Will Jake Knapp finish top 5 in Round 1?
Series: KXPGAR1TOP5
Entity: Jake Knapp
Expiration: 2026-04-10T00:00:00Z
Volume: 1092
YES ask: 0.1000
NO ask: 0.9500
Last: 0.1100
View on Kalshi
Rules
If Jake Knapp 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: 2026-04-07T08:40:57Z
Reasoning: If Jake Knapp leads after Round 1, he is necessarily in the top position, which means he is in the top 5. However, being top 5 in Round 1 does not require being the outright leader.
Strategy: Buy NO on antecedent + YES on consequent
Yield:
N/A
Cost:
$1.0850
Days to maturity:
N/A
Hurdle yield:
N/A
Excess yield:
N/A