{"source":"polymarket","id":"73215","ticker":"cap-on-gambling-loss-deductions-repealed-before-2027","slug":"cap-on-gambling-loss-deductions-repealed-before-2027","title":"Cap on gambling loss deductions repealed before 2027?","description":"This market will resolve to \"Yes\" if the 90% cap on gambling loss deductions enacted in the 2025 \"Big Beautiful Bill\" is fully repealed by December 31, 2026, 11:59 PM ET.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\".\n\nTo qualify as a repeal, the cap must be entirely remove any cap limiting gambling loss deductions to below 100%.\n\nModifications—such as increasing the limit, delaying implementation or changing how it is calculated will not qualify.\n\nThe resolution source for this market will be a consensus of credible reporting.","image":"https://polymarket-upload.s3.us-east-2.amazonaws.com/will-big-beautiful-bill-cap-gambling-loss-deductions-v4t_kSaIk_p9.jpg","icon":"https://polymarket-upload.s3.us-east-2.amazonaws.com/will-big-beautiful-bill-cap-gambling-loss-deductions-v4t_kSaIk_p9.jpg","active":true,"closed":false,"start_date":"2025-11-05T19:33:17.488000Z","end_date":"2026-12-31T00:00:00Z","closed_time":null,"volume":71023.54533900002,"volume_24hr":2.5,"volume_24h_change":null,"normalized_vol_24hr":0.656732976436615,"normalized_volume":25.34640121459961,"liquidity":10619.7346,"open_interest":4353.415384,"categories":["Politics"],"tags":[{"id":"105160","slug":"fiscal","label":"Fiscal"},{"id":"100207","slug":"taxes","label":"Taxes"},{"id":"2","slug":"politics","label":"Politics"}],"synthetic":false,"is_group":false,"group_key":null,"parent_event_id":null,"probability":null,"spread":null,"top_outcome":"","top_outcome_probability":0.16,"top_outcome_prob_24h_change":-0.014999999999999986,"top_outcome_volume_24h_change":-8.84,"updated_at":"2026-07-25T22:33:39.072972Z","fetched_at":"2026-07-25T22:33:39.072972Z","added_at":null,"url":"https://polymarket.com/event/cap-on-gambling-loss-deductions-repealed-before-2027","chart_24h":[11.34,11.34,11.34,11.34,11.34,11.34,11.34,11.34,11.34,11.34,6.81,6.81,6.81,6.81,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"markets":[{"source":"polymarket","id":"665504","event_id":"73215","slug":"cap-on-gambling-loss-deductions-repealed-before-2027","question":"Cap on gambling loss deductions repealed before 2027?","group_item_title":null,"description":"This market will resolve to \"Yes\" if the 90% cap on gambling loss deductions enacted in the 2025 \"Big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\".\n\nTo qualify as a repeal, the cap must be entirely remove any cap limiting gambling loss deductions to below 100%.\n\nModifications—such as increasing the limit, delaying implementation or changing how it is calculated will not qualify.\n\nThe resolution source for this market will be a consensus of credible reporting. ","image":"https://polymarket-upload.s3.us-east-2.amazonaws.com/will-big-beautiful-bill-cap-gambling-loss-deductions-v4t_kSaIk_p9.jpg","icon":"https://polymarket-upload.s3.us-east-2.amazonaws.com/will-big-beautiful-bill-cap-gambling-loss-deductions-v4t_kSaIk_p9.jpg","outcomes":["Yes","No"],"outcome_prices":[0.16,0.84],"probability":0.16,"spread":0.02,"active":true,"closed":false,"start_date":"2025-11-05T19:33:17.488000Z","end_date":"2026-12-31T00:00:00Z","closed_time":null,"volume":71023.54533900002,"volume_24hr":2.5,"prob_24h_change":-0.014999999999999986,"volume_24h_change":-8.84,"normalized_vol_24hr":0.7334030866622925,"normalized_volume":34.6529655456543,"liquidity":10619.7346,"categories":["Politics"],"countries":["United States"],"updated_at":"2026-07-25T22:40:11.145688Z","fetched_at":"2026-07-25T22:33:39.791733Z","added_at":null,"url":"https://polymarket.com/event/cap-on-gambling-loss-deductions-repealed-before-2027/cap-on-gambling-loss-deductions-repealed-before-2027","event_title":"Cap on gambling loss deductions repealed before 2027?","chart_24h":[0.175,0.175,0.175,0.16]}],"_meta":{"attribution":"pdata.world — aggregated prediction-market data across 8 platforms","canonical_url":"https://pdata.world/events/polymarket/73215","as_of":"2026-07-25T22:58:08.637687Z","docs":"https://api.pdata.world/docs","cite_as":"According to pdata.world (tracking Polymarket): \"Cap on gambling loss deductions repealed before 2027?\" — top market at 16% probability across 1 outcome","source_url":null}}