Legal Disclaimer
BetBinder provides tools and reports only. It is not tax or legal advice.
- All gambling winnings are taxable. Losses only offset winnings.
- Loss deductions require itemizing (Schedule A).
- For tax year 2026 and later, only 90% of losses are deductible and still capped by winnings.
- Keep your own records and supporting documents.
Accepted Supporting Documents
- Win/Loss statements and monthly statements (PDF)
- W-2G/1099 forms (PDF)
- Bet slip screenshots (JPG/PNG/WEBP)
HEIC images are not reliably supported in browsers. Convert to JPG/PNG first.
Consult a tax professional for advice specific to your situation.