Bettors shouldn't owe taxes on money they never made.

The OBBBA is now law. Starting in tax year 2026, bettors who break even will owe taxes on income they never made. There's a fix in Congress — but it is stalled. Please sign the petition to get it moving again.

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Add your name to the petition

Petition to Amend the Federal Tax Code

To: The Congress of the United States, Washington, D.C.

Statement of Purpose: We, the undersigned citizens of the United States, urge Congress to pass the Fair Bet Act to eliminate the phantom income tax burden on American sports bettors created by the 90% gambling loss deduction cap in the One Big Beautiful Bill Act, and to establish fair, consistent, and transparent gambling tax rules.

By signing below, I affirm I am a U.S. citizen and that this is my first time signing this petition.

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0MBETTORS AFFECTED
0BIPARTISAN CO-SPONSORS
0HOUSE SIGNATURES TO FORCE A VOTE

Why It Matters

The Phantom Income Problem

The IRS taxes every winning bet as income. Losses are only deductible if you itemize — which 90% of Americans don't. The OBBBA §70114 makes it worse: even itemizers can now only deduct 90% of their losses. Effective tax year 2026.

The Phantom Income Problem

You win (reported on W-2G)+$10,000
You lose (actual losses)−$10,000
Deduction allowed (90% cap)−$9,000
Phantom taxable income$1,000

You broke even. You kept nothing. You owe taxes anyway.

The Legislation

There Is a Fix — and It's Already Written

H.R. 4304
The FAIR BET Act, sponsored by Rep. Dina Titus of Nevada, repeals the 90% loss-deduction cap and restores full deductibility. 25 bipartisan cosponsors. Right now it's stalled in House Ways & Means.
Discharge Petition 119-16
There's a way around the stall. 218 House signatures force the bill to the floor, bypassing the committee sitting on it. That's the number we're driving toward — one Representative at a time.

Take Action

What You Can Do

You can't pass a bill. But 25 million bettors moving together can force Congress to. Here's what you can do to help.

1

Sign the petition.

Every signature is a constituent on record — routed by district to the offices that need the pressure.

2

Share your story.

A verified story from your district moves an office more than any national number. Two minutes, anonymous by default.

3

Call your Representative.

We'll tell you who yours is and exactly what to ask: cosponsor H.R. 4304, or sign the discharge petition.

4

Spread the word

Send this to someone you know, ask them to sign & share their story.

5

Ask the AI Advocate.

Want to learn more about Gambling tax laws in your state? Talk to our AI Advocate, sourced from real-authoritative information in our knowledge graph — not the hallucinated opinions of ChatGPT & Gemini.

Our Advantages

The Power of FairBetAct

Four advantages no other gambling advocacy organization has.

Our AI Advocate

Backed by a curated knowledge graph of federal and state gambling tax law. Most AI gets this wrong — ours doesn't.

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Knowledge Graph

Federal and state gambling tax law — organized by jurisdiction, statute, and IRS ruling. Updated as law changes. Every answer our AI Advocate gives is sourced from this graph.

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Community Stories

A living, district-organized record of verified bettor stories — the evidence that moves Congressional offices.

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CPA & Legal Network

A vetted network of CPAs and tax attorneys who specialize in gambling taxation. Get matched with a professional who understands your situation.

COMING SOON

Your Voice

Your Story Is Evidence

Congressional offices respond to verified constituent reports — not abstract numbers. When you share your experience on FairBetAct, it's organized by state, congressional district, and tax exposure. Your stories feed the Community Knowledge Graph that supports other users, and helps turn the tide in congressional offices.

Anonymous by default. Opt-in to share name with Congressional offices. Your data is never sold.

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Who We Are

About FairBetAct

FairBetAct is not a single-bill campaign. We are a permanent community advocating for the equal rights of all American gamblers — sports, casino, poker, horse racing, lottery, fantasy. The OBBBA is the first fight. There will be more.

We evaluate every gambling-related bill in Congress and organize constituents for targeted, district-level pressure campaigns.