Prediction Market Taxes 2026: The IRS Still Won’t Answer
Halfway through 2026 the IRS still has not said how prediction market winnings are taxed, leaving traders with three defensible answers.
From the Desk · Gaming Intelligence
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Halfway through 2026 the IRS still has not said how prediction market winnings are taxed, leaving traders with three defensible answers.
Virginia court stays the Stake Drake lawsuit, sending claims to arbitration—not a merits dismissal.
Google tightened its gambling ad rules twice, and loosened them once 16 days earlier on a…
The viral Duel casino hack claim said Freakbob drained $20M. The OP called it a shitpost…
Fauci takes the Fifth 100+ times after diary release as contempt and prediction odds swirl.
Jacqueline Davis turned a $50 BetMGM deposit into a $3.29M displayed balance before the freeze.
Wisconsin says betting on an election you then vote in is a felony, escalating its prediction-market…
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Browse every report →Plain-English guides to how the games actually work — from first principles to advanced strategy.
Browse all guides18 red · 18 black · 1 zero
EV = 18/37 − 19/37 = −1/37 → −2.7027%
The zero is the price. A symmetrical-looking ±1-unit wager, negative expectation, same advertised 1:1 payout.
House edgeEUR 2.70%SLOT 4%AMER 5.26%
Crypto vs traditional casino bonuses: the 25x break-even rule, rakeback's $10,000 gate, and the volatility that moves a bonus's value.
How the Kelly Criterion sizes bets from your edge: the formula, devigging, worked examples, and why fractional Kelly wins.
How crash games work: the rising-multiplier loop, the odds formula, provably-fair verification, and what an hour of Aviator really costs.
An eight-step checklist to verify a casino's license, spot fake seals, and get paid if it goes wrong.
How to play Jacks or Better: read the pay tables, learn optimal holds, and cut the house edge to 0.46%.
A new industry-funded study estimates US users traded up to $34 billion on banned offshore prediction markets despite the CFTC ban.
P(A) = n(A) / n(Ω) · Σpᵢ = 1
Count mutually exclusive, collectively exhaustive outcomes.
RTP = Σpᵢrᵢ · EV = RTP − 1
RTP locates the mean; variance describes the path.
f* = (bp − q) / b · σ² = Σp(x − μ)²
Kelly sizes a genuine edge; it cannot manufacture one.
commit = SHA-256(seed) · HMAC-SHA256(seed, client:nonce)
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Nevada made its first arrest in the Fresno State betting scandal, filing fraud and money-laundering charges with more suspects to come.
The CFTC's proposed sports prediction market rules would let Kalshi keep most bets — but 38 states are fighting back.
Analysts project $60 billion in global wagers on the 2026 World Cup — the biggest betting event ever staged.
Bet college football smarter with CFB-specific strategies for spreads, futures, conference angles, bowl games, and the 12-team playoff.
Learn how to bet on CS2, League of Legends, and Dota 2 with game-specific markets, bet types, and strategies.
Learn how futures betting works, from championship winners to MVP awards. Strategies for timing, hedging, and bankroll management.
Tested for fairness, payout speed, and real-world support — not affiliate spin.
Crypto casino and sportsbook benchmark: Originals, deep sports, VIP-led rewards, fast cashouts — with offshore licensing caveats.
Fast-payout crypto casino and sportsbook with SHFL rewards, rakeback VIP, and provably fair Originals.
Streamer-native crypto casino with Live RTP, wager-free rakeback, Originals, and a full sportsbook under Curaçao licensing.
Legacy crypto casino with RLB rewards, sportsbook, and multi-product depth under Curaçao licensing.
Long-running crypto super-app: huge library, 100+ coins, Originals, and tokenized rewards — with trust caveats on big wins.
Social crypto casino with chat rains, mega giveaways, hybrid sports, and a long-running Royalty Club VIP ladder.
Every card carries the same five specs in the same order, so one line reads straight across the hand.
Hands-on reviews with the real numbers — RTP, volatility, hit frequency and max win — not the marketing sheet.

Wanted Dead or a Wild from Hacksaw Gaming features DuelReels™ multiplier duels up to 100x, three volatile bonuses, and 12,500x max win in a dark Wild West setting.

Play Chaos Crew 3 by Hacksaw Gaming with punk-rock characters, stacking multipliers, and 30,000x max win.

Jumping Wilds reach 512x multipliers while Razor Splits double symbols. 200,000x max win on insane (12/10) volatility.

Sweet Bonanza 1000 boosts multiplier bombs to 1,000x—ten times the original's cap—with a 25,000x max win.

Experience Duel at Dawn by Hacksaw Gaming with DuelReels, 200x multipliers, and 15,000x max win potential.