Will the cap on gambling loss reduction be repealed?
2.0 pts (24h)RegulationOne-OffPoliticsUS Politics5mo
KalshiCheck availabilityKYC required2% feeVerified resolution dataRoughly calibratedCurrent implied probabilityBefore 2027 20%+2.0pt
Market quality
63 / 100
Medium quality24h Volume
$515
Liquidity
$95.1K
High liquidityBid / Ask
17.0% / 20.0%
Spread
3.0 pt
Moderate spreadMarket data
Updated 22 minutes ago
Nov 25, 25, 2:00 AMJan 1, 27, 3:00 PM
Trends
Paper funds only — no real moneyNot financial advice
Selected outcome
Before 202720%
Compare venues· Before 2027
Ranked by market quality, then liquidity and 24h volume| Venue | Quality | Probability | vs reference | 24h Vol | Liq | Freshness | |
|---|---|---|---|---|---|---|---|
| KalshiThis pageBest overall | Medium | 20% | — | $515 | $95.1K | 22 minutes ago | |
 Polymarket85% match · auto | Low | 83% | — | $17.3 | $552.1 | 22 minutes ago | Open → |
Also available on Polymarket
Cap on gambling loss deductions repealed before 2027?
1.0 pts5mo
-0.0pt83%
+0.0pt17%
48 • Low qualityModerate spreadLow liquidityThin market
Total Vol$71K
24h Vol$17.3
POLYMARKETRules
If bill that removes/changes the gambling tax provision in the One Big Beautiful Bill Act ("OBBB") becomes law before before Sep 1, 2026, then the market resolves to Yes.
- If bill that removes/changes the gambling tax provision in the One Big Beautiful Bill Act ("OBBB") becomes law before Jan 1, 2027, then the market resolves to Yes.
Probabilities may differ due to different market structures, fees, and participant pools.
Volume trend
$515Jul 226d of dataJul 28
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If bill that removes/changes the gambling tax provision in the One Big Beautiful Bill Act ("OBBB") becomes law before before Sep 1, 2026, then the market resolves to Yes.
- If bill that removes/changes the gambling tax provision in the One Big Beautiful Bill Act ("OBBB") becomes law before Jan 1, 2027, then the market resolves to Yes.