The Josh Innes Show - College Athletes May Be Allowed To Bet On Pro Sports
Episode Date: June 25, 2025This is actually very interesting. The NCAA may allow athletes to bet on professional sports. I'm intrigued by the difference things that could happen here. Could it be really bad? Learn more abo...ut your ad choices. Visit megaphone.fm/adchoices
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Oh, you ever hear I'm sure you have you hear it all the time that Mary Hwarnie is a gateway
drug.
You hear that a lot from people right like marijuana.
It's a gateway drug.
You start smoking pot and then you can't get high anymore and you start doing pills and
you start doing crack.
You start doing coke and then before you know it, you're heroin and you're dead, right? It's a gateway drug and that's
what you heard forever. I feel like opening up the it's an
interesting it's actually an interesting debate though.
Because on one hand, like these are adult people like a college
football player is an adult person. A college football
player can go to a casino, right? A college football
player can drink alcohol, right? Assuming you're of age in all these cases, right? Like,
you can do a lot of shit. You're an adult person, right? You just so happen to play
college sports. So why shouldn't you be able to get the Draft Kings app or get the FanDuel
app and bet on the Saints game on Sunday, right? Now, you might... Here's the thing
though. Boy, there's a lot of elements to
this that I think are interesting. Let's play a couple
commercials and let's get into these. So the first thought is
like there's no direct way for you to be able to impact a game
betting on it, right? So if you're a college athlete, let's
say you're a college football player. like, well, let's go back to
what's his name? Who was the wide receiver? Was it boot? It
was Kaishan Booty, who was the receiver at LSU who like blew a
ton of money betting on on college games and different
betting shit. But he also bet on himself in some instances as
well. Like, first off, there are so many elements here, like I don't even know where to start. There are so many elements here.
Like I don't even know where to start.
There are so many elements.
But obviously there's no direct way for a player to impact a pro game if he is not playing
in the pro game.
Might he be able to get some inside information that others can't get?
That's quite possible, but that's just cool because you have access.
It's like it's not illegal.
It's not illegal for you to make a bet on
something because you have inside information. Now if
someone goes out and throws the game on purpose for you to win
a bet, that's a different scenario. But if you're
talking with someone and you know you have a buddy that you
went to college with and that buddy's in the locker room and
he's playing for the I don't know he's playing for the
Vikings and he knows that Justin Jefferson isn't going to play like he's pretty confident
like Justin Jefferson is on crutches
and he's not gonna be able to be impactful yet he's gonna try to play on
Sunday and you have this inside information about him
perhaps you know you could win and it's possible that some guy who's still in
college as buddies
with someone who's in his first or second year in the NFL and he could pass that
information to him on whether he knows his buddy is betting on
it or not but his buddy might text me man what's up with Jets is he all right like what's
the deal and he's like dude I don't think this dude's gonna be able to go I'll be shocked
if he's 100% he's barely 50% but he's gonna try to go so then you can go out there maybe
take the under on Justin Jefferson yards and catch it you can take the other team to cover
so like you would have some sort of inside information. That's not illegal, right? To have that kind
of to have a source. It's just it's frowned upon, I would imagine. But it's part of the
game, right? Like you go and you get the scoop from guys, and you know what kind of stuff
they have. So cool. Where I think you open up a gateway here is like, so let's say a college player does that
exact thing and loses that bet and now he's down. He's down a couple thousand dollars,
whatever. He didn't know where he's going to find this money. What is stopping that
college player from somehow getting himself tangled up with someone
where like he owes money here there. Now granted if you're doing this online you have to pay
the money so it's not like you have a bookie that you owe. And I gotta read the details
of the story I don't know if it would just be limited to online sports betting or what
now it's a lot harder to trace shit when it's not online so if I'm a player I wouldn't use
fan duel or draft kings inings in that instance, I
would get a buddy of mine and I'd give him the cash and I
would send him to a an actual sports book or give somebody the
money and go to a sports book. If I were in that instance, I
would probably do that instead of leaving some sort of paper
trail. There's far less of a paper trail. If you find some
guy on the campus or somebody of yours and he's got a couple
grand or you give him a couple grand and he goes to make these bets. You're not going to find yourself in a
position more than likely where it's old school dudes out to
break your legs if you don't throw the game in the college
game to help him out right like you're probably not going to
run into that this isn't the 1970s. This isn't you know the
Boston College betting scandal or something so or Arizona State
scandal.
So you're probably not going to run into that kind of shit.
However, let's say you do get down, even on your own, like let's say you're down and you've
lost five grand or whatever betting on pro teams.
Well you know a way to get that back.
You're in control of what you do on the field.
A lot of states have prop bets for college athletes. For instance, Illinois does have you
can bet on prop bets for players. I think Louisiana you
can't I'm trying to think of the states that I've been in where
you can I think maybe in Michigan you can. I'm trying to
think of other places where you can bet on prop bets for college
athletes, maybe Pennsylvania you can bet on prop bets for college athletes. So in theory, you could then go out to try to get your own
money back and just bet the under on yourself to have six catches and you go out and you
have five and you drop a ball on purpose. Now there'd be a paper trail because you can't
bet on those games because they'll be able to find you. Well, that's where you find a
buddy that's also got an account. And you could have some plausible
deniability there, right? Because if you're allowed to
have an at that point, you're allowed to have a draft Kings
or a fan duel account. So there's deniability that your
buddies also got one and he just so happened to bet on you. And
if it's an over if you take the over, it's you know, even less
noticeable, the unders which are easier to control the unders
you could maybe have it traced back to you, but I think you're going
to start running into more situations like that when you
open the door for these guys to have these accounts in any way,
but let me read the actual story and see if that's where
they're going. A top NCAA policymaking group on Tuesday
voted to propose that the Association change its rules to
allow Division one athletes and athletic staff members to bet on professional sports events, the
association announced. The move by the NCAA Division I Council will not become
final until the group concludes meetings on June 25th and will not take effect
unless similar governance groups representing Division II and Division III
approve the move later this summer. In addition, it will require formal adoption by the Council in
October. This past April, the Division III Management Council
took action to support in concept, non-controversial
legislation regulating or deregulating betting on
professional sports. This was nearly identical to the Stans,
blah, blah, blah. Now give me the details on what this would
entail. At the time, let's see, to adopt legislation to deregulate
the prohibition on wagering on professional sports and directed the NCAA staff to develop concepts
for the appropriate committees to consider regarding a safe harbor, limited immunity,
or reduced penalties for student athletes who engage in sports wagering but seek help for problem gambling. Current NCAA Division I rules say athletes,
coaches, and administrators cannot knowingly participate in sports wagering activities
or provide information to individuals involved in or associated with any type of sports wagering
activities concerning intercollegiate, amateur, or professional athletics competition.
25 athletes from Ohio,
Iowa State and Iowa were arrested for illegal sports betting in 2023. Some of those athletes
were alleged to have bet on college games. Many of the criminal charges were based on
injury blah blah blah blah. So there's not a ton of details about this. There's a lot
of verbiage in here. But I'd be curious. Like I'd like to
know what the regulations and what the rules would actually
be. Can you have a draft Kings account? Like, can you have a
fan duel account? Do you have to make these bets in person? What
kind of stuff would be involved in that? Like, I think once you
start getting young people involved in betting, right, and
that's one of the biggest criticisms of sports betting and this kind of stuff is
you're getting people who are 17, 18, 19 years of age who really don't know any better, right,
and you're putting them in the situation to make these bets and they're going to get themselves
into a giant hole potentially and then don't know how to get out of that giant hole. The benefit,
I guess, the benefit of a fan duel or draft Kings
or an online betting is it's not like you can bet with
credit I did once and it was it set me back a gigantic amount
of money. I forgot which site it was one of the overseas ones
right because there was no fan duel or draft Kings to use at
the time. It was one of these overseas betting ones that I
was using forgot what it was. It may have been my bookie or one of them.
And they allowed you to use credit cards for that. This is when we were in Nashville.
And I would just go out, I'd use my credit card and I'd put, you know, 300, 500,000, whatever.
And before I knew it, this card that had a $10,000 limit was like, and I'm like, holy shit, Josh,
what the fuck were you thinking? Like, that's how easy it is to do that.
When you're doing shit on credit.
The perk of a fan duel or a DraftKings for the most part is, is a lot of the credit cards
don't let you pay or put in money via credit.
Like it's almost like you have to put in cash.
So at least the money you're losing is all you're going to lose.
It's not going to be like, oh, I now owe $10,000 to credit cards that I won't be able to pay off. And
soon collections is going to come and they're going to take
all my shit like it's at least not like that. But I am of the
belief that once you start getting more of these college
dudes who are highly competitive people betting on baseball,
basketball, football, like you heard the K Sean Butte story,
this dude was gambling at all hours of the day. He was a
regular Josh Ennis. He's out here like table tennis, Ukrainian
table tennis, soccer. Like it sounded like this dude was just
betting non fucking stop. Like the number of bets this dude
made put me to shame. I'm like, holy shit, and then started
betting on himself, which is an easy thing to get caught up in.
Or as I said earlier, which I think is a true advantage for
people is you can go out and talk to your buddy who plays for the Chiefs,
the Vikings, the Rams and ask about the quarterback and how
healthy he actually is and you can get legit inside information
or at the like at the high end of it. You could compromise the
outcome of an NFL game potentially because you have
direct access to guys who are playing in it, right like the
average person in theory could have direct access. But a former player or a current college
player would no doubt know somebody who is on a roster in
the NFL and can get some sort of inside information. Right? And
could that impact how that game goes? Right? Or could the NFL
which an NFL guy more than likely wouldn't risk this,
right? But like, would an NFL player more than likely wouldn't risk this right but like would an NFL
player go hey you got a buddy like he's talking to do in the locker room his buddy whatever he's
like so your buddy has an account right on FanDuel how about this they got me at five and a half
catches take the under and let's you know split this thing right now once now the other risk is
once you start putting in huge bets they flag you. So it's one thing to bet 500 bucks, 250 bucks, like small little
amounts that aren't going to draw attention. Once you would
get money, like basically the money that would have to be
involved for something like that to be beneficial to somebody,
like a four like a player, like for a player in the NFL to get
involved in it and talk to his buddy in the locker room whose
buddy is in college and blah, blah, blah. Like, obviously,
there are guys in college athletics right now who have
direct pipelines to NFL locker rooms and can talk to players
and coaches because they know them. That's totally real. For
it to be worth it for an NFL player who's making six figures
mid to high six figures at the lowest and millions at the most,
it would have to have a lot of money on the line. It couldn't
be like, oh, here's a $500 bet, they're not going to risk their
livelihood of getting caught for 500 bucks. So if you're going to
put in, you know, 50 grand, well, they're gonna flag that
almost immediately and go, hmm, let's see where this is coming
from. And then they'll piece it all together. And it's somehow
going to get back to you. So it's not really worth the risk
for a lot of these guys. It's not worth the risk enough for many people to try
it for it to become an epidemic. So big picture. I don't think it's going to become a big issue
for the NFL or for college athletics. I do think for individuals as someone who's now
been sports betting for seemingly forever now and has lost a lot of money doing it and
has found myself in some dark places because of it. I wouldn't tell you to not do it because I do enjoy doing it. And I found ways to kind of just,
you know, not be as fucking stupid with it as I used to be.
But as someone who's done it, it's very easy for a 17 1819
year old dude, to be like, you know, in college, not much to do
other than play ball. And before you know it, you don't realize
that you're losing money. And then before you know it, you've
lost 100 you want to get that back. So you double it up and now you've lost 3400. And before you know it, you don't realize that you're losing money. And then before you know it, you've lost 100, you want to get that back. So you double it up and now you've
lost 3400. And before you know it, you're down a couple grand
and you don't know the fuck to do. That is real. I just don't
think there's enough that's going to happen. The risk is
far too great for what the potential reward is if you
really cover all your bases. So for a guy in the NFL to risk
throwing an NFL game or taking an under like we saw with the dude who
was the dude, the former Missouri basketball player who
did it in the in the NBA and was taken like unders and shit.
Like it is you're going to get caught. Especially if you're
involving any amount of money that is legitimate enough to
make your nipples hard 50 bucks, you're probably not going to
get caught. And it's not worth it for 50 bucks to take the risk. To make it
worth the risk, it might take 50 Gs and they're going to flag that and see you later. So a
big picture. I don't have a huge issue with these guys doing this. They're adults for
the most part. Let them gamble. If they ruin their own lives, they ruin their own fucking
lives.