Cap on gambling loss deductions repealed before 2027?

Cap on gambling loss deductions repealed before 2027?$11k liquidity$71k volumecloses 4.7mo
FiscalTaxesPolitics
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Buy YES on Polymarket

BUY YES

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Cost
19.0¢
Implied chance
19.0%
Return if right
426.3%
Spread cost
13%

If you put in $100

You get 526.3 shares at 19.0¢ each.

YES wins: $526.32 back, a profit of $426.32. YES loses: $0.00, and the whole $100 is gone.

The gap between buyers and sellers takes $61.92 of that profit. Without it you would make $488.24.

Assumes the whole order fills at this price. A large order eats into the book and averages worse.

Buy YES on Polymarket

Buy NO on Polymarket

BUY NO

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We keep it in one place with the price you saw, and email you when it settles or moves sharply. It is free, and the screener stays open to everyone either way.

Cost
85.0¢
Implied chance
85.0%
Return if right
17.6%
Spread cost
14%

If you put in $100

You get 117.6 shares at 85.0¢ each.

NO wins: $117.65 back, a profit of $17.65. NO loses: $0.00, and the whole $100 is gone.

The gap between buyers and sellers takes $2.83 of that profit. Without it you would make $20.48.

Assumes the whole order fills at this price. A large order eats into the book and averages worse.

Buy NO on Polymarket

Chance over time

0%25%50%75%100%18%Nov 6Aug 12

Latest: Aug 12, 01:54 AM

Latest news

headlines link to their publishers

No recent headlines matched this market. We only show an article when the names in the question appear in its headline, so a very local or very new market often has nothing. Showing nothing is deliberate: an unrelated story here would read like evidence about the price.

Headlines are matched on the names in “Cap on gambling loss deductions repealed before 2027?”. Nobody checks them by hand, so one may not be relevant. They also say nothing about whether the price has already moved on this news.

How this market resolves

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will resolve to "Yes" if the 90% cap on gambling loss deductions enacted in the 2025 "Big Beautiful Bill" is fully repealed by December 31, 2026, 11:59 PM ET.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.

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