Bipartisan legislation such as the FAIR BET Act and FULL HOUSE Act has been introduced to restore the full 100% deductibility of gambling losses against winnings, following the 90% cap enacted in the 2025 One Big Beautiful Bill Act that took effect for tax year 2026. House Ways and Means Committee Chair Jason Smith and some Republican senators have publicly described the cap as a mistake and supported repeal efforts, with industry figures like Dana White also pressing the administration. However, Senate Republicans blocked early reversal attempts in 2025, and subsequent proposals have not advanced through committee or floor votes amid competing legislative priorities. With the 2026 midterm elections approaching and limited remaining session time, trader consensus assigns an 84% probability to no repeal before 2027, reflecting the procedural and political barriers to swift tax code changes.
Ringkasan eksperimental yang dihasilkan AI dengan referensi data Polymarket. Ini bukan saran trading dan tidak berperan dalam bagaimana pasar ini diselesaikan. · Diperbarui$71,073 Vol.
$71,073 Vol.
$71,073 Vol.
$71,073 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.
Pasar Dibuka: 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 such as the FAIR BET Act and FULL HOUSE Act has been introduced to restore the full 100% deductibility of gambling losses against winnings, following the 90% cap enacted in the 2025 One Big Beautiful Bill Act that took effect for tax year 2026. House Ways and Means Committee Chair Jason Smith and some Republican senators have publicly described the cap as a mistake and supported repeal efforts, with industry figures like Dana White also pressing the administration. However, Senate Republicans blocked early reversal attempts in 2025, and subsequent proposals have not advanced through committee or floor votes amid competing legislative priorities. With the 2026 midterm elections approaching and limited remaining session time, trader consensus assigns an 84% probability to no repeal before 2027, reflecting the procedural and political barriers to swift tax code changes.
Ringkasan eksperimental yang dihasilkan AI dengan referensi data Polymarket. Ini bukan saran trading dan tidak berperan dalam bagaimana pasar ini diselesaikan. · Diperbarui



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