NCAA Not Allowing Sports Betting Data To Be Broadcasted

• NCAA won’t allow betting data to be broadcasted by TV networks.
• There are tournaments being played in states with legal sports betting.

INDIANAPOLIS — The NCAA has announced that they will not be permitting any sort of sports betting data to be broadcasted during March Madness. They are, however, open to the growth of the sports betting industry.

There are college basketball games that are taking place in different states that allow sports betting. Sportsbooks in states such as Illinois and Michigan have recently opened in time for March Madness, anticipating a large number of bets to come on the Tournament.

No Betting Data Broadcasted

The NCAA has recently announced that it will not allow for any sort of sports betting data to be broadcasted during March Madness. This comes as no surprise as they have strict rules and regulations that prohibit the interaction of student-athletes and sports betting.

“The NCAA has longstanding rules prohibiting student-athletes and university administrators from wagering on sports or providing information to others who are associated with sports wagering,” said Stacey Osburn, NCAA Director of communications to ESPN.

“As part of its ongoing efforts to protect the integrity of competitions, the NCAA monitors sports wagering both domestically and in the global betting market. This includes pregame and in-game monitoring of regular and postseason competition, enhanced monitoring of officials and periodic risk assessments of all competition.”

Basketball Locations

There will and have been games played in states that have either approved or launched legal sports betting. Indiana and New York are listed locations for the first two rounds of the tournament as well as the East Regional Final. In addition to those sites, Las Vegas has been home to many conference tournaments since the 1990s.

There has been a report of an attempted match-fixing involving a college basketball player in New York. But, the person involved has pleaded guilty and the NCAA does not seem to hold that against the state. From the looks of things, locations that have legal sports betting are not frowned upon by the NCAA.

“It wasn’t that long ago when people said, ‘Hey, would a sports team make it in Vegas?—and you look at the Vegas Golden Knights and Las Vegas Raiders, and these repeat tournaments we have, the answer is a resounding ‘yes,’” said Scott Butera, president of interactive gaming at MGM Resorts International.

March Madness Betting

The month of March includes one of the biggest sporting events of the year. It is also the biggest sports betting event of the year as well. Last year, there was a total of $8.5 billion in bets placed on March Madness. This year it is expected to reach $10 billion.

The projection amount has sportsbooks rushing to open in time to get a piece of it. CBS, who is a television provider for March Madness also just recently announced a partnership with William Hill Sportsbook to have sports betting data displayed on-screen during games.

Being that this is frowned upon by the NCAA, that aspect of their partnership will have to apply for other events besides the NCAA Tournament.

News tags: March Madness | March Madness Betting | NCAA Betting | NCAA Tournament