Sports Betting News: Prediction Markets Tax Benefits: How To Beat Sports Betting Taxes

Choose a language:

Sports Betting Advice

Details: Written by Bing News Search Results; Category: Sports Betting Advice; Published: 17 December 2025; Created: 17 December 2025; Last Updated: 17 December 2025

Prediction markets like Kalshi and Underdog may offer significant tax advantages over sports betting under the IRS 60/40 rule.
Original Image Link
Source:www.forbes.com

Posted: 2025-12-17 04:05:00

Get Full News Story On Bing Sports Betting News Network

Listen to this article. Speaker link opens in a new window.
Text To Speech BETA Test Version.

More News From This Category
Sports Betting News: Best sports betting apps 2025: Top betting sites reviewed
Wed, 17 Dec 2025 14:07:26 +0000

This page may contain affiliate links to legal sports betting partners. If you sign up or place a wager, FOX Sports may be compensated. Read more about Sports Betting on FOX Sports.Sports betting is ...
Original Image Link
Source:www.msn.com

Sports Betting News: Robinhood doubles down on sports betting via prediction markets
Wed, 17 Dec 2025 08:07:41 +0000

Since the end of last year, 11 billion event contracts have been traded on Robinhood’s platform which allows investors to wager on sports, politics, and other categories.
Original Image Link
Source:www.msn.com

Sports Betting News: Where to Bet on Jake Paul vs Anthony Joshua: Best Legal Betting Apps in Your State
Wed, 17 Dec 2025 08:07:41 +0000

From DraftKings and FanDuel to BetMGM and bet365, the top legal apps provide secure, regulated access for responsible wagering. Find the sportsbook in your state, claim the latest promotions, and gear ...
Original Image Link
Source:www.msn.com

Sports Betting News: One Lawmaker, Three Bills That Would Change Sports Betting In New York
Wed, 17 Dec 2025 02:07:26 +0000

Assemblymember Alex Bores has big ideas on player limiting, push notifications, and one of the basic tenets of responsible gambling ...
Original Image Link
Source:sports.yahoo.com

Related Bing News Results
2025 Week 16 NFL games: odds, tips and betting trends
Tue, 16 Dec 2025 20:56:00 GMT
The New England Patriots meet the Baltimore Ravens at 8:20 p.m. ET on Sunday at M&T Bank Stadium in Baltimore, Maryland. The San Francisco 49ers will take on the Indianapolis Colts at 8:15 p.m. ET on ...

December 15, 2025 NBA games: Odds, tips and betting trends
Sun, 14 Dec 2025 18:56:00 GMT
Monday's NBA lineup features several top-tier games, including a matchup between the Houston Rockets and the Denver Nuggets. Before Monday's NBA action, here's an in-depth dive into the betting odds.

Heisman Trophy odds: Ranking betting favorites after finalists revealed
Tue, 09 Dec 2025 10:42:29 GMT
The four 2025 Heisman Trophy finalists were unveiled last night on ESPN ahead of Monday Night Football. Notre Dame running back Jeremiyah Love, Indiana quarterback Fernando Mendoza, Vanderbilt ...

See Ohio State football's betting odds to win national championship
Sun, 07 Dec 2025 07:09:00 GMT
Ohio State is still the betting favorite to win the national championship despite losing to Indiana in the Big Ten championship.

Prediction and betting odds for Mavericks vs. Thunder
Fri, 05 Dec 2025 05:15:00 GMT
Mavericks: Cooper Flagg (thumb splint) is available. Kyrie Irving (torn ACL) is out. Dereck Lively II (foot injury management) is out. PJ Washington (ankle sprain) is questionable. Daniel Gafford ...