Alright, let’s talk about what just happened — because it’s not getting nearly enough attention.

Trump signed a 1,100+ page monster called the “One Big Beautiful Bill”, and buried inside it is a tax rule that quietly nukes sports bettors while letting his son walk away untouched.

📉 The Tax Rule That Changes Everything

Here’s the exact change:
Starting January 1, 2026, gambling losses will only be 90% deductible against gambling winnings.

Let me say that again:

It’s part of the amendments to Section 165(d) of the Internal Revenue Code — which governs gambling loss deductions. The old rule? You could deduct 100% of your losses, up to the amount you won. That’s gone.

So let’s break it down:

🚫 Old Rule (2025 and earlier):

• Win $100,000

• Lose $100,000
  → Net $0 = No taxable income = No federal tax owed

💀 New Rule (2026 and beyond):

• Win $100,000

• Lose $100,000
  → Only $90,000 of those losses are deductible
  → You now owe taxes on $10,000
  → At a 24% bracket, that’s $2,400 out of pocket
  → Even though you didn’t profit a cent

You tracking that? You could be completely even on the year — and still owe the IRS thousands. That’s not gambling… that’s government theft with a federal stamp.

😡 This Is a Setup — And the Exemption Is Obvious

So now ask yourself… who benefits from this?

It’s sure as hell not the grinders, the casuals, or the sharps. It’s not the guys trying to stay profitable on 3% edges.

But guess who’s not affected by this new tax squeeze?
Traders.

And guess what Kalshi — a CFTC-regulated prediction market — is classified as?
A trading exchange.
Not a sportsbook. Not a DFS platform. A marketplace.

Even better:
Donald Trump Jr. just joined Kalshi as a strategic advisor.

You think that’s a coincidence? Please.
This was a surgical play. Trump signs a tax bill that crushes the entire sports betting ecosystem, and the one platform that’s immune to it… just happens to be the one his son advises?

Come on. This wasn’t policy. This was a move.

✅ What I’m Doing — And What You Should Too

I’m not gonna sit around and get hit with phantom taxes. I’m adapting early. I’m moving plays and event trading to Kalshi, because:

• It’s legally categorized as a financial exchange

• It’s exempt from this new gambling deduction limit

• It’s backed by legit infrastructure and now has serious political backing

And I’m hooking you ALL UP:

🎁 Use my link and you’ll get:

• ✅ $10 free on your first $100 in trades

• ✅ 1 free day of The Lock Talk Premium (private plays, insights, breakdowns)

• ✅ A seat at the table before this becomes mainstream and the promo goes away

👉 Click here to join Kalshi

⚠️ DISCLAIMER (Read this)

This isn’t financial or tax advice. I’m not a CPA.
This is my opinion based on what I’m seeing, reading, and how I’m personally moving.

You should absolutely talk to a tax pro about how this affects your setup. But let me be real with you:

Help another bettor out — forward this to a friend who needs sharper lines and better info.

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