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Sports Prediction Markets taxed as gambling?

ActiveTaxesEnds Apr 16, 2027

The market prices Yes at 23.0% and No at 77.0%.

24h volume
$0
Total volume
$45.1K
Whales
0
Fresh wallets
0
Trade on Polymarket ↗
Chance
Yes 23.0%No 77.0%Yes +13.0pp 1W
OutcomeChance24hTrade on Polymarket
Yes23.0%+0.5Buy Yes 23.0¢
No77.0%−0.5Buy No 77.0¢