Market icon

Will Big Beautiful Bill cap gambling loss deductions?

>99% chance
Polymarket

$39,905 Vol.

This market will resolve to "Yes" if the next reconciliation bill Donald Trump signs into law imposes a cap on the deductibility of gambling losses—such as limiting deductible gambling losses to 90% of actual losses—by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

The bill must be explicitly passed using the budget reconciliation process, which allows for expedited consideration in the Senate and requires only a simple majority.

Legislation which includes specific exceptions (e.g. certain types of gambling activities or taxpayers are excluded from the cap) will still qualify, as long as the primary effect of the provision is to limit the deductibility of gambling losses to less than 100% of actual losses.

This market will resolve based on the first reconciliation bill signed into law by Donald Trump during the market’s timeframe that includes major federal tax policy changes.

If it becomes impossible for Trump to sign legislation (e.g. he resigns), this market will resolve to "No".

This market's primary resolution source will be official information from the Trump administration, however a consensus of credible information will also be used.
音量
$39,905
終了日
Jul 31, 2025
作成日時
Jul 2, 2025, 8:24 PM ET
This market will resolve to "Yes" if the next reconciliation bill Donald Trump signs into law imposes a cap on the deductibility of gambling losses—such as limiting deductible gambling losses to 90% of actual losses—by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No". The bill must be explicitly passed using the budget reconciliation process, which allows for expedited consideration in the Senate and requires only a simple majority. Legislation which includes specific exceptions (e.g. certain types of gambling activities or taxpayers are excluded from the cap) will still qualify, as long as the primary effect of the provision is to limit the deductibility of gambling losses to less than 100% of actual losses. This market will resolve based on the first reconciliation bill signed into law by Donald Trump during the market’s timeframe that includes major federal tax policy changes. If it becomes impossible for Trump to sign legislation (e.g. he resigns), this market will resolve to "No". This market's primary resolution source will be official information from the Trump administration, however a consensus of credible information will also be used.

提案された結果: Yes

異議申し立てなし

最終結果: Yes

外部リンクに注意してください。

Frequently Asked Questions

"Will Big Beautiful Bill cap gambling loss deductions?" is a prediction market on Polymarket where traders buy and sell "Yes" or "No" shares based on whether they believe this event will happen. The current crowd-sourced probability is 100% for "Yes." For example, if "Yes" is priced at 100¢, the market collectively assigns a 100% chance that this event will occur. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "Will Big Beautiful Bill cap gambling loss deductions?" has generated $39.9K in total trading volume since the market launched on Jul 3, 2025. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "Will Big Beautiful Bill cap gambling loss deductions?," simply choose whether you believe the answer is "Yes" or "No." Each side has a current price that reflects the market's implied probability. Enter your amount and click "Trade." If you buy "Yes" shares and the outcome resolves as "Yes," each share pays out $1. If it resolves as "No," your "Yes" shares pay $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current probability for "Will Big Beautiful Bill cap gambling loss deductions?" is 100% for "Yes." This means the Polymarket crowd currently believes there is a 100% chance that this event will occur. These odds update in real-time based on actual trades, providing a continuously updated signal of what the market expects to happen.

The resolution rules for "Will Big Beautiful Bill cap gambling loss deductions?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.
Market icon

Will Big Beautiful Bill cap gambling loss deductions?

>99% chance
Polymarket

$39,905 Vol.

This market will resolve to "Yes" if the next reconciliation bill Donald Trump signs into law imposes a cap on the deductibility of gambling losses—such as limiting deductible gambling losses to 90% of actual losses—by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

The bill must be explicitly passed using the budget reconciliation process, which allows for expedited consideration in the Senate and requires only a simple majority.

Legislation which includes specific exceptions (e.g. certain types of gambling activities or taxpayers are excluded from the cap) will still qualify, as long as the primary effect of the provision is to limit the deductibility of gambling losses to less than 100% of actual losses.

This market will resolve based on the first reconciliation bill signed into law by Donald Trump during the market’s timeframe that includes major federal tax policy changes.

If it becomes impossible for Trump to sign legislation (e.g. he resigns), this market will resolve to "No".

This market's primary resolution source will be official information from the Trump administration, however a consensus of credible information will also be used.
音量
$39,905
終了日
Jul 31, 2025
作成日時
Jul 2, 2025, 8:24 PM ET
This market will resolve to "Yes" if the next reconciliation bill Donald Trump signs into law imposes a cap on the deductibility of gambling losses—such as limiting deductible gambling losses to 90% of actual losses—by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No". The bill must be explicitly passed using the budget reconciliation process, which allows for expedited consideration in the Senate and requires only a simple majority. Legislation which includes specific exceptions (e.g. certain types of gambling activities or taxpayers are excluded from the cap) will still qualify, as long as the primary effect of the provision is to limit the deductibility of gambling losses to less than 100% of actual losses. This market will resolve based on the first reconciliation bill signed into law by Donald Trump during the market’s timeframe that includes major federal tax policy changes. If it becomes impossible for Trump to sign legislation (e.g. he resigns), this market will resolve to "No". This market's primary resolution source will be official information from the Trump administration, however a consensus of credible information will also be used.

提案された結果: Yes

異議申し立てなし

最終結果: Yes

外部リンクに注意してください。

Frequently Asked Questions

"Will Big Beautiful Bill cap gambling loss deductions?" is a prediction market on Polymarket where traders buy and sell "Yes" or "No" shares based on whether they believe this event will happen. The current crowd-sourced probability is 100% for "Yes." For example, if "Yes" is priced at 100¢, the market collectively assigns a 100% chance that this event will occur. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "Will Big Beautiful Bill cap gambling loss deductions?" has generated $39.9K in total trading volume since the market launched on Jul 3, 2025. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "Will Big Beautiful Bill cap gambling loss deductions?," simply choose whether you believe the answer is "Yes" or "No." Each side has a current price that reflects the market's implied probability. Enter your amount and click "Trade." If you buy "Yes" shares and the outcome resolves as "Yes," each share pays out $1. If it resolves as "No," your "Yes" shares pay $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current probability for "Will Big Beautiful Bill cap gambling loss deductions?" is 100% for "Yes." This means the Polymarket crowd currently believes there is a 100% chance that this event will occur. These odds update in real-time based on actual trades, providing a continuously updated signal of what the market expects to happen.

The resolution rules for "Will Big Beautiful Bill cap gambling loss deductions?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.