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Cap on gambling loss deductions repealed before 2027?
Foretrace AI research
Understand the odds. Examine the reasoning.
Polymarket shows market prices. Foretrace adds AI probability estimates, opposing evidence and a price-dependent outcome or pass decision for each open market.
Choose a market to analyze 1 open question · Evidence required
24h volumeUnavailable
Total volume$72.6K
Liquidity$301.4
Event end date · UTCJan 1, 2027
Price history
Market probabilityLoading price history…
Polymarket · UTC
Sampled market observations, not AI forecasts. Lines connect available observations. Legend values are current provider quotes; chart points may be older.
Outcomes & resolution rules
1 marketThese are market-implied probabilities, not AI forecasts. A displayed quote may differ from the price available for your order.
Accepting ordersMarket odds28.5%
Cap on gambling loss deductions repealed before 2027?
Yes28.5%Polymarket estimate
No71.5%Polymarket estimate
- Liquidity
- $323.8
- Deadline · UTC
- Jan 1, 2027
- Yes bid / ask
- 10.0¢ / 47.0¢
- Trading fees
- Enabled · verify on Polymarket
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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will resolve to "Yes" if the 90% cap on gambling loss deductions enacted in the 2025 "Big Beautiful Bill" is fully repealed by December 31, 2026, 11:59 PM ET.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.