NCAA Finds UT Student Worker Used Gambling App for Super Bowl Trade

The NCAA has discovered that a student worker at the University of Tennessee used the prediction market platform Kalshi to place a Super Bowl trade. This action violated NCAA rules regarding sports betting. The student worker placed the trade on behalf of a friend who wanted to earn a $25 referral fee. The student worker was not aware that using prediction markets would be considered sports betting under NCAA rules.

The student worker confirmed to investigators that he placed the trade but was unaware that prediction markets would qualify as sports betting. There is an ongoing debate around this issue with no definitive answer. The University of Tennessee responded by offering further training to the student worker and did not suspend or fire them, as the transgression did not involve a university game.

This is not the first instance of such a violation. In November, another student worker was fired by the university after placing a trade on a Vols game using Kalshi. The NCAA will continue to treat trades placed by athletics insiders on prediction market platforms as a form of wagering activity.