NCAA Launches Responsible Gaming Campaign During March Madness Basketball
It’s the NCAA’s busiest time of the year, as its men’s and women’s college basketball game tournaments — aka March Madness — are in good swing. In alignment with the intemperately wager hoops games, the governing dead body of collegiate sports deployed a young responsible gaming campaign.
Titled “Draw the Line,” the initiative seeks to amend school students almost participating in sports betting. The cause debuted on societal media this hebdomad during the tipoff of the March Madness tournaments.
“Draw the Line” is aimed at college students and includes a toolkit for universities and colleges that provides resources to assist those who seek help.
The American Gaming Association expects the 2024 Mar Madness brackets to draw in over $2.7 billion in legal bets, many of which testament be placed past college students. An NCAA meditate lastly year found that 67% of 18- to 22-year-olds residing on college campuses had wager on sports whether lawfully or illegally.
Sports betting is everywhere — especially on college campuses — so it’s vital student-athletes capture the existent story near how it canful wallop them,” said NCAA President Charlie Baker.
Baker is supportive of legal, regulated sports betting but has campaigned for stronger student-athlete protections similar prohibiting oddsmakers from offering prop bets on an item-by-item player’s performance.
“We cognize some bettors are harassing student-athletes, so that’s wherefore we are advocating for policy changes at the land spirit level and launch monitoring tools around championships to touch on serious threats to law of nature enforcement. The NCAA is doing to a greater extent than of all time to protect the wholeness of the spunky and build up student-athletes with the the true nearly sports betting,” Baker added.
Portnoy Bets Big
While he presumably has the bankroll to comfortably wee such a wager, Barstool Sports father Dave Portnoy made a vainglorious wager on the men’s Mar Madness tournament. The man of affairs and social media personality revealed this hebdomad on x that he has $600,000 equitation on the University of Constitution State to gelded push down the nets at State Farm Stadium inwards Glendale close Phoenix.
Portnoy risked $600,000 on UConn at +360 to win the NCAA national title for a endorse sequent year. If the Huskies draw turned the feat, it would live only if the 9th time a computer program won the natty back-to-back. Portnoy would net $2.76 million.
The businessman, who sold Barstool to William Penn Entertainment for due north of $500 million only if to purchase it indorse for just now $1 after William Penn encountered regulatory concerns because of Portnoy, acknowledged that the big play should in all likelihood have a larger return.
+360 is non outstanding odds but at the same clip outstanding odds. Yes, i am worried that everybody is pick them,” Portnoy said.
Portnoy placed the wager with DraftKings. William Penn folded on its Barstool Sportsbook in favor of utilizing the ESPN brand for its sports betting business organisation in a deal worth $1.5 billion.
Portnoy also has $25,000 on the longshot New Mexico Lobos to win it all. The wager would sack $575,000 if the unlikely scenario happens.
Brackets Busted
Portnoy certainly isn’t unaccompanied inward cerebration the Huskies are the squad to beat. ESPN’s Tournament Challenge reported that nearly 25% of the brackets have UConn sledding all the way.
After just now the First Round of the men’s bracket, no more brackets remain perfectly intact. Upsets by Oakland, Yale, Grand Canyon, Henry James Madison, Duquesne, and CO rendered all brackets imperfect.
Mathematicians say the odds of someone completing a perfect angle bracket are well-nigh ace in 9.2 quintillion.
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