StreetSpread · Politics · Polymarket

Cap on gambling loss deductions repealed before 2027?

Politics Resolves December 31, 2026 Polymarket

Polymarket is pricing this contract at 18¢ (18% implied probability). Resolves December 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will resolve to "Yes" if the 90% cap on gambling loss deductions enacted in the 2025 "Big Beautiful Bill" is fully repealed by December 31, 2026, 11:59 PM ET.

Live price

PlatformCentsImpliedVolume
Polymarket18¢18%$71K

Resolution criteria

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will resolve to "Yes" if the 90% cap on gambling loss deductions enacted in the 2025 "Big Beautiful Bill" is fully repealed by December 31, 2026, 11:59 PM ET.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