NCAA division one votes to allow players to bet on professional sports

[mussels]

I guess a lot of them already are, so it just recognizes that its happening and that it shouldn’t impact the college game. But still. How far a step is it for someone that uses an app to bet professional sports to throw in a college game in now and then? And then maybe one that you’re playing in…

DI Administrative Committee adopts proposal to allow student-athletes, staff to bet on pro sports - NCAA.org

The Division I Administrative Committee on Wednesday adopted a proposal that would permit student-athletes and athletics department staff members to bet on professional

www.ncaa.org

 

[Fishy]

Their rationale is insane.

I think they are doing some housekeeping to clear the way for future partnerships with the gambling sites.

 

[Rich]

I guess a lot of them already are, so it just recognizes that its happening and that it shouldn’t impact the college game. But still. How far a step is it for someone that uses an app to bet professional sports to throw in a college game in now and then? And then maybe one that you’re playing in…

DI Administrative Committee adopts proposal to allow student-athletes, staff to bet on pro sports - NCAA.org

The Division I Administrative Committee on Wednesday adopted a proposal that would permit student-athletes and athletics department staff members to bet on professional

www.ncaa.org

IMO absolutely no good can come of this. None. But those FanDuel, MGM, DraftKings etc. partnerships are tough to resist. Just ask the four major professional sports leagues.

And this doesn't even address the burgeoning prediction markets.

 

[superjohn]

This is insanity. Legalized sports gambling is a scourge and this will end horribly.

College sports are just gross now.

 

[Fishy]

This is insanity. Legalized sports gambling is a scourge and this will end horribly.

College sports are just gross now.

Horribly.

Absolutely horribly.

Online gambling and lotteries are the weirdest ideas where the government decides that a partnership designed to make people with little money into people with no money is something where they want a financial stake.

 

[Hans Sprungfeld]

This is insanity. Legalized sports gambling is a scourge and this will end horribly.

Until now, I would have bet against the possibility of my filling out a foursome comprised of @Fishy, @freescooter, you, and me... but here we are.

 

[superjohn]

Horribly.

Absolutely horribly.

Online gambling and lotteries are the weirdest ideas where the government decides that a partnership designed to make people with little money into people with no money is something where they want a financial stake.

A friend told me last night his younger brother just revealed to his family why his wife took the kids and left him. He lost well over $150K making sports bets on his phone and taking cash advances to try and dig out of the hole.

So many people are being ruined with the legalization and ease of sports gambling.

 

[80shusky]

Incredibly bad idea. NCAA at its finest.

 

[Waquoit]

The NCAA wants them to blow their NIL money.

 

[Jaydumo20]

Horribly.

Absolutely horribly.

Online gambling and lotteries are the weirdest ideas where the government decides that a partnership designed to make people with little money into people with no money is something where they want a financial stake.

One of your best posts. No way around it. Even when people win there is a darkness to it.

 

[QuickDraw]

The NCAA wants them to blow their NIL money.

Truer than we care to believe.

 

[HooperScooper]

A friend told me last night his younger brother just revealed to his family why his wife took the kids and left him. He lost well over $150K making sports bets on his phone and taking cash advances to try and dig out of the hole.

So many people are being ruined with the legalization and ease of sports gambling.

Another story for you. One of our office tenants stopped paying rent and I had to take them to court. The founder of this small company told me that an employee was fired for "financial improprieties" and that's why they were in trouble. He told me before our court appearance that the CFO had stolen $2 million from the business. I said I hope they're going after this person for the money. He said all the money is gone because the CFO was an addicted gambler and lost all of it. The founder himself said he lost $500,000 of his own money because of this.

 

[superjohn]

Another story for you. One of our office tenants stopped paying rent and I had to take them to court. The founder of this small company told me that an employee was fired for "financial improprieties" and that's why they were in trouble. He told me before our court session that the CFO had stolen $2 million from the business. I said I hope they're going after this person for the money. He said all the money is gone because the CFO was an addicted gambler and lost all of it. The founder himself said he lost $500,000 of his own money because of this.

 

[Fishy]

A friend told me last night his younger brother just revealed to his family why his wife took the kids and left him. He lost well over $150K making sports bets on his phone and taking cash advances to try and dig out of the hole.

So many people are being ruined with the legalization and ease of sports gambling.

Just brutal.

 

[FfldCntyFan]

Just brutal.

Wait until the day comes when Draft Kings buys the naming rights to the final four.

 

[Flipside]

I remember betting football parlays IN middle & junior high school, in the 1970s and 80s! ... and later in life hitting Hartford Jai Alai almost daily after work, for years, until the strike ruined things ...

Access to gambling has always been easy ... imho, it's a sickness less driven by access, and more by the individual and their choices

 

[Flipside]

Wait until the day comes when Draft Kings buys the naming rights to the final four.

It's not far off, after all, we had The Poulan/Weed Eater Independence Bowl, and (Crypto, Flipto, Blipto) FTX did have a run with the Miami Heat

 

[Fishy]

Wait until the day comes when Draft Kings buys the naming rights to the final four.

Honestly, I think this is really just clearing the road for that sort of thing.