More First-Time Bettors Could Lower Your FIFA World Cup Betting Odds: Here's Why You'll Lose More on Gambling Tax in 2026

When deciding where to place your 2026 World Cup bet, new data suggests you might want to avoid team favorites, especially since gambling winnings will be taxed higher this year.

# More First-Time Bettors Could Lower Your FIFA World Cup Betting Odds: Here's Why You'll Lose More on Gambling Tax in 2026 When deciding where to place your 2026 World Cup bet, new data suggests you might want to avoid team favorites, especially since gambling winnings will be taxed higher this year. **Read the full article:** [Kiplinger](https://www.kiplinger.com/taxes/world-cup-betting-odds-and-gambling-tax) *This article was originally published by Kiplinger. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*