Michael Kim Dominates the 3M Open After Two Rounds
A commanding halfway lead has made him the tournament favorite, though the title remains genuinely contested at roughly one-in-three odds.
Source: Kalshi market “3M Open End of Round 2 Leader”
Michael Kim has seized control of the 3M Open, holding the 36-hole lead with a grip so firm that the probability of anyone else standing atop the leaderboard at day's end has effectively collapsed to nothing. The real question the money is now asking is not who leads after two rounds, but whether Kim can convert that lead into a trophy on Sunday.
That question is live and open. Kim enters the weekend as the clear favorite to win the tournament — the deeper, far more heavily traded market prices him at roughly 32% — but a one-in-three chance of winning a four-round event is a plurality, not a coronation. The field still has real claims. Scottie Scheffler, the world number one, sits in the mix, though the two major venues pricing his chances diverge in a way worth noting: the substantially deeper market, dwarfing the thinner venue by a factor of roughly 860 to one in today's volume, puts him at 13%, meaningfully below the 18% quoted elsewhere. When that kind of depth speaks at a discount, it earns weight.
What makes Kim's position striking is the speed of his ascent in the betting. His outright win probability surged more than 30 points in a single day — a move that scale of repricing, on volume north of $20 million, reflects genuine conviction rather than noise. The market is not drifting toward Kim; it sprinted there once his scorecard made the case plain.
The collapse of Ben Kohles — who shed more than 30 points off his own win probability in the same window — tells the complementary story. Whatever position Kohles held through the early going, the money has walked away almost entirely. The halfway cut and the scorecards together appear to have closed that chapter decisively.
For Kim, the path forward is well-mapped and historically familiar: a wire-to-wire conversion from 54-hole leader to champion is the most likely single outcome, but the weekend's pressure on a leaderboard full of touring professionals makes it far from inevitable. The scenario the consensus would be underpricing is a stumble on moving-day that hands the initiative to a chasing pack that, right now, the money has largely dismissed. What would break the market's read is simple — a low Saturday from anywhere in the field combined with Kim giving shots back. Until then, the money says the 3M Open is his tournament to lose.
Where the money stands
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