NCAA President Demands CFTC Freeze College Sports Predictions and Bets—Regulatory Clash Looms

The NCAA just threw a flag on the play. Its president is publicly urging the Commodity Futures Trading Commission (CFTC) to slam the brakes on all college sports prediction markets and betting contracts. This isn't a request—it's a demand for a regulatory timeout.
The Integrity Play
The core argument? Protecting the game. The NCAA claims these markets—where anyone can essentially trade futures on player stats or game outcomes—open the door to manipulation and threaten the sanctity of amateur sports. It's a preemptive strike against what they see as a systemic risk.
Regulators in the Hot Seat
Now the ball's in the CFTC's court. The agency, which oversees commodity futures and swaps, has to decide if these sports contracts fall under its purview. Approve them, and they green-light a volatile new asset class. Deny them, and they stifle a market clamoring for these products—a classic regulator's dilemma, with billions in notional value hanging in the balance.
A cynical take? This is less about protecting student-athletes and more about protecting a multi-billion dollar amateurism model from a more efficient, transparent—and frankly, honest—market pricing its real value. The old guard always fights hardest when the new scoreboard starts lighting up.
NCAA president Baker stresses the need for proper safeguards
The NCAA president emphasized the importance of establishing proper safeguards, including integrity monitoring, advertising and age restrictions, preventing prop markets, and anti-harassment procedures. According to Baker, Congress needs to stabilize eligibility, while federal regulators stabilize prediction markets to establish a single set of fair and transparent standards.
Baker further explained that the NCAA’s betting harm reduction program includes educating hundreds of thousands of student-athletes on the dangers of sports wagering. The association monitors over 23,000 contests annually for suspicious activity and conducts globally regarded research.
Baker mentioned that the NCAA advocates for over 1,100 member schools and more than half a million student-athletes.
“Given the potentially addictive and harmful nature of wagering on sports, most states restrict sports wagering to those at least 21, while college sport prediction markets often allow participants as young as 18.”
–Charlie Baker, President of the NCAA
Baker believes that this minor oversight could heavily entice college students, as well as high school students, into engaging in these markets in a harmful way. He, however, noted that most states that allow legalized sports betting get a piece of the revenue to fund harm reduction programs.
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