The 90% cap on gambling loss deductions, enacted as part of the 2025 One Big Beautiful Bill Act and scheduled to apply starting in tax year 2026, faces limited prospects for repeal before 2027. Bipartisan legislation such as the FAIR BET Act has been introduced to restore the prior 100% deduction limit against winnings, with support from industry figures including a May 2026 letter to the administration, yet these measures have stalled without floor action or inclusion in must-pass fiscal packages. Congressional priorities in the current session have centered on other tax and appropriations matters, leaving repeal efforts without sufficient momentum to overcome procedural hurdles before the end of 2026. Trader consensus reflected in the 83.5% probability for no repeal aligns with the absence of recent legislative breakthroughs or scheduled votes capable of altering the timeline.
Riepilogo sperimentale generato dall'AI con riferimento ai dati di Polymarket. Questo non è un consiglio di trading e non ha alcun ruolo nella risoluzione di questo mercato. · AggiornatoSì
$71,073 Vol.
$71,073 Vol.
Sì
$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.
Mercato aperto: 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, enacted as part of the 2025 One Big Beautiful Bill Act and scheduled to apply starting in tax year 2026, faces limited prospects for repeal before 2027. Bipartisan legislation such as the FAIR BET Act has been introduced to restore the prior 100% deduction limit against winnings, with support from industry figures including a May 2026 letter to the administration, yet these measures have stalled without floor action or inclusion in must-pass fiscal packages. Congressional priorities in the current session have centered on other tax and appropriations matters, leaving repeal efforts without sufficient momentum to overcome procedural hurdles before the end of 2026. Trader consensus reflected in the 83.5% probability for no repeal aligns with the absence of recent legislative breakthroughs or scheduled votes capable of altering the timeline.
Riepilogo sperimentale generato dall'AI con riferimento ai dati di Polymarket. Questo non è un consiglio di trading e non ha alcun ruolo nella risoluzione di questo mercato. · Aggiornato



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