In 2026 a new rule (the OBBBA 90% loss cap) taxes sports bettors on "phantom income." See your number in 10 seconds — free, no signup.
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Add up your winning bets/sessions and your losing ones separately — not your net. (Most bettors are surprised how big the gross numbers are.)
Most casual bettors take the standard deduction — which means you can't deduct gambling losses at all, and you're taxed on every dollar of winnings.
🔒 Calculated on your device — your numbers are never sent anywhere.
Your actual net result
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Income the IRS taxes you on anyway
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Old rule (through 2025)—
New 2026 rule — what you'll owe—
Extra cost of the new rule—
Quick estimate only — this uses one flat marginal rate. The Verodd app does the full progressive bracket math (your gambling stacks on top of your other income) plus multi-state, so your real number can differ.
Track it all year so tax season isn't a surprise.
Verodd is the bettor-first tracker: your data free forever, plus a running "set aside $X for taxes" number across every book. Get early access.