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Cap on gambling loss deductions repealed before 2027?

Vol total$71K
Vol 24h$328
Liquidity$529
Resolves129d

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Prediction

Cap on gambling loss deductions repealed before 2027?

Your pick: Yes — each share pays $1 if Yes wins.

Bets from $1 · deposits start at $3.

SideYes
Price$0.2200
Shares (est)22.73
Spend$5.00
Capital back$5.00
Profit if Yes wins+$17.73
If Yes wins pays$22.73
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Price history+4.50% · 1W
14%16%19%21%23%Aug 17Aug 18Aug 19Aug 21Aug 22Aug 24

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will resolve to "Yes" if the 90% cap on gambling loss deductions enacted in the 2025 "Big Beautiful Bill" is fully repealed by December 31, 2026, 11:59 PM ET.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