OptionVotes
YES
NO
1474
843
2078
835
1323
806
OptionProbability
1070
804
1210
826
1075
955
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
209
156
64
200
50