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World Cup bets on prediction markets may get tax edge over gambling

  • Posted on July 12, 2026
  • By Fortune
  • 1 Views
  • 1 min read
World Cup bets on prediction markets may get tax edge over gambling
World Cup bets on prediction markets may get tax edge over gambling

Treating prediction market bets like investments allows taxpayers to fully deduct losses and, under the most aggressive strategy, apply a lower tax rate.
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Author
Fortune

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