The 85.5% implied probability on "No" reflects trader consensus that bipartisan repeal bills like the FAIR BET Act and FULL HOUSE Act—introduced earlier this year by Reps. Horsford, Miller, and Sens. Cruz—face steep procedural barriers in a divided Congress. The House Rules Committee rejected the FAIR BET Act as an amendment last week, stalling momentum despite gaming industry lobbying. IRS proposed regulations published April 17 further solidify the 90% cap on gambling loss deductions under IRC Section 165(d), effective for 2026 tax year via the 2025 One Big Beautiful Bill Act. Absent attachment to a must-pass bill like appropriations or debt ceiling talks, repeal by December 31 remains unlikely amid Republican revenue safeguard concerns.
Resumen experimental generado por IA con datos de Polymarket. Esto no es asesoramiento de trading y no influye en cómo se resuelve este mercado. · ActualizadoSí
$65,544 Vol.
$65,544 Vol.
Sí
$65,544 Vol.
$65,544 Vol.
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.
Mercado abierto: Nov 5, 2025, 2:32 PM ET
Resolver
0x65070BE91...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.
Resolver
0x65070BE91...The 85.5% implied probability on "No" reflects trader consensus that bipartisan repeal bills like the FAIR BET Act and FULL HOUSE Act—introduced earlier this year by Reps. Horsford, Miller, and Sens. Cruz—face steep procedural barriers in a divided Congress. The House Rules Committee rejected the FAIR BET Act as an amendment last week, stalling momentum despite gaming industry lobbying. IRS proposed regulations published April 17 further solidify the 90% cap on gambling loss deductions under IRC Section 165(d), effective for 2026 tax year via the 2025 One Big Beautiful Bill Act. Absent attachment to a must-pass bill like appropriations or debt ceiling talks, repeal by December 31 remains unlikely amid Republican revenue safeguard concerns.
Resumen experimental generado por IA con datos de Polymarket. Esto no es asesoramiento de trading y no influye en cómo se resuelve este mercado. · Actualizado
Cuidado con los enlaces externos.
Cuidado con los enlaces externos.
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