College Sports Eye Gambling Money Amid Safeguard Concerns

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NCAA rules remain clear when it comes to gambling on sports: Don’t do it. Those rules are unlikely to change for athletes and athletic department employees even as legal sports betting becomes more pervasive.

Holt said regulated sports betting in the United States was on track to take in $125 billion this year.

“What we’ve done, in fact, is brought sports wagering out of the dark corners and put sunshine on it and more transparency on it. And more eyes on it. That’s a positive, that’s not a negative,” he said. First, college conferences do not require teams and coaches to disclose the injury status and the availability of players for games. The NFL, in contrast, releases an injury report three times per week.

“Say you have Tommy’s Used Car Shop giving the quarterback at name the university $100,000 a year and an NIL ," Holt said."Well, the owner of Tommy’s Used Car Shop should not be able to bet on that university. It’s a conflict of interest. He has a direct influence over the player."

 

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