OptionVotes
YES
NO
1275
784
15502
65
1782
520
OptionProbability
Gambling losses deduction remains limited to 90% as laid out in OBBB
Mainstream pro gamblers move primarily to prediction markets for tax treatment
Administrative action classifies sports prediction markets as gambling for tax purposes
Court ruling classifies sports prediction markets as gambling for tax purposes
Legislation classifies sports prediction markets as gambling for tax purposes
Major sports book goes bankrupt because of OBBB by 2027-01-01
Major sports book restructures as a prediction market before 2026-01-01
Congress explicitly intervenes to restore 100% deduction (example Rep Titus FAIR BET act enacted)
66
51
42
38
37
34
32
102
98
Get the latest stories live on any device.
Top Stories