Cap on gambling loss deductions repealed by March 31?

Prediction market · Polymarket

Overview

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will resolve to "Yes" if the 90% cap on gambling loss deductions enacted in the 2025 "Big Beautiful Bill" is fully repealed by March 31, 2026, 11:59 PM ET.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.

Ticker

cap-on-gambling-loss-deductions-repealed-by-march-31

Volume

92.5K

24h volume

743

1w volume

6.7K

Open interest

0

Liquidity

12.2K

Liquidity CLOB

12.2K

Start

Nov 5, 2025

End

Mar 31, 2026

Status

Active

Access

Restricted

Created

Nov 5, 2025

Event ID

73214

Slug

cap-on-gambling-loss-deductions-repealed-by-march-31

Markets

1

Raw event data
{
  "id": "73214",
  "ticker": "cap-on-gambling-loss-deductions-repealed-by-march-31",
  "slug": "cap-on-gambling-loss-deductions-repealed-by-march-31",
  "title": "Cap on gambling loss deductions repealed by March 31?",
  "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will resolve to \"Yes\" if the 90% cap on gambling loss deductions enacted in the 2025 \"Big Beautiful Bill\" is fully repealed by March 31, 2026, 11:59 PM ET.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. ",
  "resolutionSource": "",
  "startDate": "2025-11-05T19:40:51.164626Z",
  "creationDate": "2025-11-05T19:40:51.164624Z",
  "endDate": "2026-03-31T00:00:00Z",
  "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,
  "archived": false,
  "new": false,
  "featured": false,
  "restricted": true,
  "liquidity": 12205.58058,
  "volume": 92487.63361600008,
  "openInterest": 0,
  "createdAt": "2025-11-04T22:13:44.781852Z",
  "updatedAt": "2026-03-15T21:49:57.243433Z",
  "competitive": 0.8209580744920938,
  "volume24hr": 742.535294,
  "volume1wk": 6691.106940999997,
  "volume1mo": 14331.548033000003,
  "volume1yr": 92487.63361599998,
  "enableOrderBook": true,
  "liquidityClob": 12205.58058,
  "commentCount": 0,
  "markets": [
    {
      "id": "665503",
      "question": "Cap on gambling loss deductions repealed by March 31?",
      "conditionId": "0x5a8c5193008f76941e75598a31ef2915125ef0a8a7cfcb7369e8c451511c4452",
      "slug": "cap-on-gambling-loss-deductions-repealed-by-march-31",
      "resolutionSource": "",
      "endDate": "2026-03-31T00:00:00Z",
      "liquidity": "12205.58058",
      "startDate": "2025-11-05T19:32:54.596Z",
      "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",
      "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 March 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. ",
      "outcomes": "[\"Yes\", \"No\"]",
      "outcomePrices": "[\"0.033\", \"0.967\"]",
      "volume": "92487.63361600008",
      "active": true,
      "closed": false,
      "marketMakerAddress": "",
      "createdAt": "2025-11-04T22:13:45.388285Z",
      "updatedAt": "2026-03-15T21:49:45.065881Z",
      "new": false,
      "featured": false,
      "submitted_by": "0x91430CaD2d3975766499717fA0D66A78D814E5c5",
      "archived": false,
      "resolvedBy": "0x65070BE91477460D8A7AeEb94ef92fe056C2f2A7",
      "restricted": true,
      "groupItemTitle": "",
      "groupItemThreshold": "0",
      "questionID": "0xaf8488658e9c35e38e49a5de9ab8b3fdd5c657a53fecd4c987141a2ace646620",
      "enableOrderBook": true,
      "orderPriceMinTickSize": 0.001,
      "orderMinSize": 5,
      "volumeNum": 92487.63361600008,
      "liquidityNum": 12205.58058,
      "endDateIso": "2026-03-31",
      "startDateIso": "2025-11-05",
      "hasReviewedDates": true,
      "volume24hr": 742.535294,
      "volume1wk": 6691.106940999997,
      "volume1mo": 14331.548033000003,
      "volume1yr": 92487.63361599998,
      "clobTokenIds": "[\"67565972075898091709163371829761231762318232475740950317083391526954889294846\", \"103839456992405565726868179020008626822011827310693291614954291931191338865400\"]",
      "umaBond": "500",
      "umaReward": "5",
      "volume24hrClob": 742.535294,
      "volume1wkClob": 6691.106940999997,
      "volume1moClob": 14331.548033000003,
      "volume1yrClob": 92487.63361599998,
      "volumeClob": 92487.63361600008,
      "liquidityClob": 12205.58058,
      "customLiveness": 0,
      "acceptingOrders": true,
      "negRisk": false,
      "negRiskRequestID": "",
      "ready": false,
      "funded": false,
      "acceptingOrdersTimestamp": "2025-11-05T19:32:33Z",
      "cyom": false,
      "competitive": 0.8209580744920938,
      "pagerDutyNotificationEnabled": false,
      "approved": true,
      "clobRewards": [
        {
          "id": "49196",
          "conditionId": "0x5a8c5193008f76941e75598a31ef2915125ef0a8a7cfcb7369e8c451511c4452",
          "assetAddress": "0x2791Bca1f2de4661ED88A30C99A7a9449Aa84174",
          "rewardsAmount": 0,
          "rewardsDailyRate": 5,
          "startDate": "2025-12-12",
          "endDate": "2500-12-31"
        }
      ],
      "rewardsMinSize": 20,
      "rewardsMaxSpread": 3.5,
      "spread": 0.006,
      "oneDayPriceChange": -0.006,
      "oneWeekPriceChange": -0.001,
      "oneMonthPriceChange": -0.0395,
      "lastTradePrice": 0.03,
      "bestBid": 0.03,
      "bestAsk": 0.036,
      "automaticallyActive": true,
      "clearBookOnStart": true,
      "manualActivation": false,
      "negRiskOther": false,
      "umaResolutionStatuses": "[]",
      "pendingDeployment": false,
      "deploying": false,
      "deployingTimestamp": "2025-11-05T19:32:07.368403Z",
      "rfqEnabled": false,
      "holdingRewardsEnabled": false,
      "feesEnabled": false,
      "requiresTranslation": false,
      "feeType": null
    }
  ],
  "series": [
    {
      "id": "10569",
      "ticker": "gambling-loss-deduction-cap",
      "slug": "gambling-loss-deduction-cap",
      "title": "Gambling Loss Deduction Cap",
      "seriesType": "single",
      "recurrence": "annual",
      "image": "",
      "icon": "",
      "active": true,
      "closed": false,
      "archived": false,
      "featured": false,
      "restricted": true,
      "createdAt": "2025-11-05T20:34:07.576774Z",
      "updatedAt": "2026-03-15T21:50:19.875132Z",
      "volume24hr": 757.365294,
      "volume": 153970.38736900018,
      "liquidity": 19014.19808,
      "commentCount": 5,
      "requiresTranslation": false
    }
  ],
  "tags": [
    {
      "id": "2",
      "label": "Politics",
      "slug": "politics",
      "forceShow": false,
      "publishedAt": "2023-10-25 18:55:50.674+00",
      "updatedBy": 13,
      "createdAt": "2023-10-25T18:55:50.681Z",
      "updatedAt": "2026-03-09T22:35:26.76623Z",
      "forceHide": true,
      "requiresTranslation": false
    },
    {
      "id": "100207",
      "label": "Taxes",
      "slug": "taxes",
      "forceShow": false,
      "updatedAt": "2026-03-09T22:31:04.098941Z",
      "requiresTranslation": false
    }
  ],
  "cyom": false,
  "showAllOutcomes": true,
  "showMarketImages": true,
  "enableNegRisk": false,
  "automaticallyActive": true,
  "seriesSlug": "gambling-loss-deduction-cap",
  "negRiskAugmented": false,
  "cumulativeMarkets": false,
  "pendingDeployment": false,
  "deploying": false,
  "requiresTranslation": false
}