The risks student-athletes face amid sports betting boom

PBS
 
The risks student-athletes face amid sports betting boom

Well, brackets are set for the men's and women's NCAA Tournaments, meaning March Madness is officially here, and, with it, the billions of dollars in bets on the games.

We recently reported on sports betting companies partnering with universities to promote their brands on campus, and the threats it poses for students, many of whom are under the legal betting age. But it turns out problems are even more acute for student athletes.

Paul Solman is back now with our latest report.

And this story is a partnership with the Shirley Povich Center for Sports Journalism and the Howard Center for Investigative Journalism, both at the University of Maryland's Merrill College of Journalism.

Paul Solman:

That is, money universities receive, mainly from TV deals and advertisers, not a dime of which, until recently, went to players.

These days, star college athletes can make serious money through name, image and likeness sponsorship deals. But with sports betting now legalized in many states, student athletes no longer have to fix games to become vilified. For example, in the state of Ohio, where sports gambling became legal in January, the University of Dayton basketball team lost a heartbreaker after leading big at halftime.

Accusations, presumably by gamblers who lost bets, promptly followed.

"You rigging games for sure. What a chump," tweeted someone.

"Hope you get caught."

But there was absolutely no evidence of foul play. At a press conference, coach Anthony Grant recoiled at the new gambling environment.

Anthony Grant, University of Dayton Head Basketball Coach: It could really change the landscape of what college sports is all about. And when we have people that make it about themselves and attack kids because of their own agenda, it sickens me.