The 90% cap on gambling loss deductions took effect January 1, 2026, under the One Big Beautiful Bill Act passed in July 2025. Multiple repeal bills, including the FAIR BET Act, WAGER Act, and FULL HOUSE Act, have drawn bipartisan sponsorship from lawmakers in key states, yet none have advanced to enactment amid broader congressional priorities and procedural hurdles. Industry advocacy, including a May 2026 appeal from UFC's Dana White to the administration, produced only temporary shifts in related prediction markets before probabilities stabilized. With the provision already applying to current tax years and no fast-track repeal succeeding, traders assign an 82.5% implied probability that the cap remains intact through 2026.
Resumen experimental generado por IA con datos de Polymarket. Esto no es asesoramiento de trading y no influye en cómo se resuelve este mercado. · ActualizadoSí
$71,073 Vol.
$71,073 Vol.
Sí
$71,073 Vol.
$71,073 Vol.
To qualify as a repeal, the cap must be entirely remove any cap limiting gambling loss deductions to below 100%.
Modifications—such as increasing the limit, delaying implementation or changing how it is calculated will not qualify.
The resolution source for this market will be a consensus of credible reporting.
Mercado abierto: Nov 5, 2025, 2:32 PM ET
Resolver
0x65070BE91...To qualify as a repeal, the cap must be entirely remove any cap limiting gambling loss deductions to below 100%.
Modifications—such as increasing the limit, delaying implementation or changing how it is calculated will not qualify.
The resolution source for this market will be a consensus of credible reporting.
Resolver
0x65070BE91...The 90% cap on gambling loss deductions took effect January 1, 2026, under the One Big Beautiful Bill Act passed in July 2025. Multiple repeal bills, including the FAIR BET Act, WAGER Act, and FULL HOUSE Act, have drawn bipartisan sponsorship from lawmakers in key states, yet none have advanced to enactment amid broader congressional priorities and procedural hurdles. Industry advocacy, including a May 2026 appeal from UFC's Dana White to the administration, produced only temporary shifts in related prediction markets before probabilities stabilized. With the provision already applying to current tax years and no fast-track repeal succeeding, traders assign an 82.5% implied probability that the cap remains intact through 2026.
Resumen experimental generado por IA con datos de Polymarket. Esto no es asesoramiento de trading y no influye en cómo se resuelve este mercado. · Actualizado



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