Cap on gambling loss deductions repealed before 2027?
As of Tue, 20 Oct 2026 03:06:09 UTC, Polymarket traders price Yes (33.5%). The market has $73K in volume and closes on Fri, 01 Jan 2027.
Updated:
Current odds
| Outcome | Chance | Yes price | No price |
|---|---|---|---|
| Yes | 33.5% | 33.5¢ | 66.5¢ |
Market details
- Venue: Polymarket
- Volume: $73K
- Liquidity: $1K
- Closes:
Resolution rules
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will resolve to "Yes" if the 90% cap on gambling loss deductions enacted in the 2025 "Big Beautiful Bill" is fully repealed by December 31, 2026, 11:59 PM ET.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.
Sources
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