Analytics
Resolved No on 1 Jan 2026.
The last daily price before settlement had No at 99.8%. Yes opened at 41% on 10 Jul 2025. Before it settled, across the 177 daily closes on record from 10 Jul 2025 to 1 Jan 2026, the highest close was 64% on 29 Jul 2025 and the lowest 0.3% on 1 Jan 2026. Its largest one-day move was 25 points up, to 59.5% on 23 Jul 2025. $210.5K traded over the market's life.
53 wallets still hold shares. Winners redeem theirs after settlement, so what is left is mostly the losing side.
Polymarket record as of Jan 2, 8:33 AM UTC
Daily closes of the Yes price, Polymarket CLOB, 177 points, 10 Jul 2025 – 1 Jan 2026
| Observed | Yes price |
|---|---|
| 10 Jul 2025 | 41.0% |
| 1 Jan 2026 | 0.3% |
Winners have redeemed their shares, so most of what is left is the losing side.
| Trader | Outcome | Shares |
|---|---|---|
| funding | Yes | 3K |
| lissartter | Yes | 1.33K |
| FrosenVerifiedVerified Polymarket profile |
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will resolve to "Yes" if the 90% cap on gambling loss deductions enacted in the 2025 "Big Beautiful Bill" is fully repealed by December 31, 2025, 11:59 PM ET.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.
Official listing: polymarket.com/event/will-the-cap-on-gambling-loss-deductions-be-repealed-in-2025
| Yes |
| 799.99 |
| Affectionate-Gun | Yes | 660 |
| FunkyMonkey564 | Yes | 634.15 |
| Bright Horizon 81D6 | Yes | 384 |
| Emerald Pioneer D14A | Yes | 269 |
| Kickstand7 | Yes | 249.65 |
| BFBB | Yes | 200 |
| M420ch4 | Yes | 173.75 |
Open a trader’s name to inspect the wallet’s available P&L, positions and recorded trades, with source dates and coverage. A large position alone does not establish a winning track record.
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