PolymarketCheck availabilityNo KYC2% feeVerified resolution dataFairly calibratedCurrent implied probabilityNo 83.2%
Market quality
49 / 100
Low quality24h Volume
$0
Liquidity
$10.6K
Medium liquidityBid / Ask
15.0% / 18.0%
Spread
3.0 pt
Moderate spreadMarket data
Updated 22 minutes ago
Nov 5, 25, 7:33 PMDec 31, 26, 12:00 AM
Trends
Paper funds only — no real moneyNot financial advice
Selected outcome
Yes17%
Compare venues· No
Ranked by market quality, then liquidity and 24h volume| Venue | Quality | Probability | vs reference | 24h Vol | Liq | Freshness | |
|---|---|---|---|---|---|---|---|
 KalshiBest overall85% match · auto | Medium | 18% | — | $206.1 | $94.6K | 22 minutes ago | Open → |
| PolymarketThis page | Low | 84% | — | $0 | $10.6K | 22 minutes ago |
Also available on Kalshi
Will the cap on gambling loss reduction be repealed?
1.0 pts5mo
+1.0pt18%
2%
61 • Medium qualityModerate spreadHigh liquidity
Total Vol$274K
24h Vol$206.1
KALSHIRules
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will resolve to "Yes" if the 90% cap on gambling loss deductions enacted in the 2025 "Big Beautiful Bill" is fully repealed by December 31, 2026, 11:59 PM ET.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.
Probabilities may differ due to different market structures, fees, and participant pools.
Volume trend
$3Jul 416d of dataJul 26
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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will resolve to "Yes" if the 90% cap on gambling loss deductions enacted in the 2025 "Big Beautiful Bill" is fully repealed by December 31, 2026, 11:59 PM ET.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.