Will the cap on gambling loss deduction be changed Odds · Before Jan 1, 2029
| Outcome | Chance | Odds | 24h |
|---|---|---|---|
| Before Jan 1, 2027 | 15% | +590 | ▲ 3 |
| Before Apr 1, 2027 | 25% | +300 | — |
| Before Sep 1, 2027 | 40% | +150 | — |
| Before Jan 1, 2028 | 60% | -147 | — |
| Before Jan 1, 2029 | 50% | -100 | ▼ 5 |
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Price history
Resolution rules
If a bill that removes/changes the gambling tax provision in the One Big Beautiful Bill Act ("OBBB") has become law after Issuance and before Jan 1, 2027, then the market resolves to Yes.
Source: Kalshi. The venue's rules are final.
FAQ
How are prediction market odds calculated?
Each contract pays $1 if the outcome happens and $0 if it doesn't, so its price is the market's implied probability: a 60¢ contract means roughly a 60% chance. We show the last trade, or the midpoint between the best bid and ask when the order book is tight.
When does this market close?
Kalshi lists Jan 1, 2027 as the end date. It can close earlier if the outcome is decided.
Where can I trade on Will the cap on gambling loss deduction be changed?
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