Gambling on sports by collegiate athletes is illegal and puts your scholarship in jeopardy. The NCAA opposes all forms of legal and illegal sports wagering on college sports. Sports wagering has become a serious problem that threatens the well-being of the student-athlete and the integrity of college sports.
With the internet becoming easier and easier to access, betting on sports is becoming easier and easier. The NCAA adopted rules that prohibits not only student athletes, but coaches, athletic department staff members, and conference office staff from engaging in sports wagering. The rules apply to any institutional practice or competition in an NCAA-sanctioned sport. An athlete that bets or is involved in sports wagering on the student-athletes institution permanently loses all remaining regular season and post season eligibility in all sports.
If the student-athlete is involved in sports wagering activity that involves college sports or professional athletics through internet gambling, the student-athlete will lose all regular season and postseason eligibility for at least one year.
An athlete can bet on collegiate sports and not even know it. Every spring when march madness rolls around, there are brackets posted all over the web and all around communities. If an athlete pays to fill out a bracket, this is considered gambling and they can lose their eligibility.
Gambling has played a huge roll in sports over the years, quite possibly the most famous case was Pete Rose of the Cincinnati Reds. Rose was caught and charged for betting on games, and was even accused of intentionally throwing games, Rose was expelled from the MLB forever, and he forever tarnished his name.
Athletes have to be careful about gambling, because it would be an awful punishment for an honest mistake. It is easiest to just stay away from gambling all together, to avoid putting yourself in a tough situation.