**Bipartisan legislation to restore full deductibility of gambling losses against winnings has advanced to the House Ways and Means Committee markup on September 16, 2026, as an amendment to the Digital Asset Tax Certainty Act.** The 90% cap originated in the 2025 One Big Beautiful Bill Act and took effect for tax year 2026. The FULL HOUSE Act, sponsored by Reps. Max Miller (R-OH) and Steven Horsford (D-NV), would repeal the limit retroactively to the start of 2026 and has drawn support from Nevada lawmakers and industry figures including UFC’s Dana White. Earlier repeal efforts, including the FAIR BET Act, stalled in committee and on the Senate floor. Traders price the probability of full repeal before 2027 at roughly 44% because the measure must still clear committee, secure House and Senate passage, and receive presidential signature amid competing tax priorities.
Eksperimental na AI-generated summary na nire-reference ang Polymarket data. Hindi ito trading advice at wala itong papel sa kung paano nire-resolve ang market na ito. · Na-update$72,200 Vol.
$72,200 Vol.
$72,200 Vol.
$72,200 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.
Binuksan ang Market: 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...**Bipartisan legislation to restore full deductibility of gambling losses against winnings has advanced to the House Ways and Means Committee markup on September 16, 2026, as an amendment to the Digital Asset Tax Certainty Act.** The 90% cap originated in the 2025 One Big Beautiful Bill Act and took effect for tax year 2026. The FULL HOUSE Act, sponsored by Reps. Max Miller (R-OH) and Steven Horsford (D-NV), would repeal the limit retroactively to the start of 2026 and has drawn support from Nevada lawmakers and industry figures including UFC’s Dana White. Earlier repeal efforts, including the FAIR BET Act, stalled in committee and on the Senate floor. Traders price the probability of full repeal before 2027 at roughly 44% because the measure must still clear committee, secure House and Senate passage, and receive presidential signature amid competing tax priorities.
Eksperimental na AI-generated summary na nire-reference ang Polymarket data. Hindi ito trading advice at wala itong papel sa kung paano nire-resolve ang market na ito. · Na-update



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