Recent legislative momentum for repealing the 90% cap on gambling loss deductions has stalled amid partisan divides over federal revenue. The provision, enacted in the One Big Beautiful Bill Act of 2025 and effective for tax year 2026, limits deductions to 90% of winnings despite the longstanding rule that losses cannot exceed gains. House Republicans rejected the FAIR BET Act as an amendment to the National Defense Authorization Act, citing its projected $1.14 billion revenue impact through 2034. While UFC President Dana White recently urged President Trump to reverse the cap in an official letter, and related bills have been introduced, the lack of a confirmed floor vote or bipartisan support before the 2026 tax debate window has reinforced trader expectations that the cap will remain through 2027.
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$68,293 Vol.
$68,293 Vol.
Dec 31, 2026
$68,293 Vol.
$68,293 Vol.
Dec 31, 2026
This market will resolve to "Yes" if the 90% cap on gambling loss deductions enacted in the 2025 "Big Beautiful Bill" is fully repealed by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".
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. Recent legislative momentum for repealing the 90% cap on gambling loss deductions has stalled amid partisan divides over federal revenue. The provision, enacted in the One Big Beautiful Bill Act of 2025 and effective for tax year 2026, limits deductions to 90% of winnings despite the longstanding rule that losses cannot exceed gains. House Republicans rejected the FAIR BET Act as an amendment to the National Defense Authorization Act, citing its projected $1.14 billion revenue impact through 2034. While UFC President Dana White recently urged President Trump to reverse the cap in an official letter, and related bills have been introduced, the lack of a confirmed floor vote or bipartisan support before the 2026 tax debate window has reinforced trader expectations that the cap will remain through 2027.
This market will resolve to "Yes" if the 90% cap on gambling loss deductions enacted in the 2025 "Big Beautiful Bill" is fully repealed by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".
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.
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
Volume
$68,293Petsa ng Pagtatapos
Dec 31, 2026Binuksan ang Market
Nov 5, 2025, 2:32 PM ETResolver
0x65070BE91...This market will resolve to "Yes" if the 90% cap on gambling loss deductions enacted in the 2025 "Big Beautiful Bill" is fully repealed by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".
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. Recent legislative momentum for repealing the 90% cap on gambling loss deductions has stalled amid partisan divides over federal revenue. The provision, enacted in the One Big Beautiful Bill Act of 2025 and effective for tax year 2026, limits deductions to 90% of winnings despite the longstanding rule that losses cannot exceed gains. House Republicans rejected the FAIR BET Act as an amendment to the National Defense Authorization Act, citing its projected $1.14 billion revenue impact through 2034. While UFC President Dana White recently urged President Trump to reverse the cap in an official letter, and related bills have been introduced, the lack of a confirmed floor vote or bipartisan support before the 2026 tax debate window has reinforced trader expectations that the cap will remain through 2027.
This market will resolve to "Yes" if the 90% cap on gambling loss deductions enacted in the 2025 "Big Beautiful Bill" is fully repealed by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".
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.
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.
Volume
$68,293Petsa ng Pagtatapos
Dec 31, 2026Binuksan ang Market
Nov 5, 2025, 2:32 PM ETResolver
0x65070BE91...Recent legislative momentum for repealing the 90% cap on gambling loss deductions has stalled amid partisan divides over federal revenue. The provision, enacted in the One Big Beautiful Bill Act of 2025 and effective for tax year 2026, limits deductions to 90% of winnings despite the longstanding rule that losses cannot exceed gains. House Republicans rejected the FAIR BET Act as an amendment to the National Defense Authorization Act, citing its projected $1.14 billion revenue impact through 2034. While UFC President Dana White recently urged President Trump to reverse the cap in an official letter, and related bills have been introduced, the lack of a confirmed floor vote or bipartisan support before the 2026 tax debate window has reinforced trader expectations that the cap will remain through 2027.
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
Mag-ingat sa mga external link.
Mag-ingat sa mga external link.
Mga Madalas na Tanong