Notre Shame suspends MSWIM for one year -
fullmetal - 08-15-2024
tl;dr -- Pervasive culture of gambling on their own team's performances, coaches didn't know about it, and the entire team has the ability to transfer right now if they want.
(Read the link, it's by Pat Forde, father of Stanford swimmer Brooke Forde)
https://www.si.com/college/sources-notre-dame-suspends-mens-swimming-program-one-year-after-gambling-investigation
RE: OT: Notre Shame suspends MSWIM for one year -
M T - 08-15-2024
I hope to know this is more than, "The losers buy the winner a steak dinner" or other motivational bets. The coverage does not mention the amounts involved.
RE: OT: Notre Shame suspends MSWIM for one year -
Mick - 08-15-2024
I wonder how pervasive gambling is on college campuses.
I worked in Detroit between 2014 and 2018 when Dan Gilbert, founder of Quicken/Rocket Loans was locally prominent. By the time I left Detroit, he had purchased his 100th building downtown. He owns Cleveland sports franchises, and is an owner of at least four casinos. Gilbert is worth $18 bils. according to his Wikipedia page.
https://en.wikipedia.org/wiki/Dan_Gilbert
What's not on his Wikipedia page is that he was a bookie as a 19-year-old undergraduate at Michigan State. He was found guilty, along with three other undergrads, for running a gambling ring with at least $114k in bets. This is in 1981, about 300%+ inflation ago. He did no jail time, was fined, did community service and was given probation. The case was expunged, so Gilbert does not have a criminal record.
https://www.espn.com/nba/news/story?id=1957931
A police officer, who posed as the father of a son who was caught up in the gambling and allegedly threatened by Gilbert and his associates, says the gambling was far larger than Gilbert acknowledges.
https://www.cleveland.com/metro/2009/10/retired_michigan_police_office.html
Gambling is a lucrative business. With the explosion of sports betting, I wonder how many undergraduates are ruining their lives through gambling addiction.
RE: OT: Notre Shame suspends MSWIM for one year -
dabigv13 - 08-15-2024
https://www.businessinsider.com/sports-betting-debt-bankruptcy-gambling-young-men-research-addiction-2024-8
Quote:A new working paper from researchers at the University of California, Los Angeles, and the University of Southern California takes a look at what's happened to consumer financial health in the 38 states that have greenlighted sports betting since the Supreme Court in 2018 struck down a federal law prohibiting it. The findings are, well, rough. The researchers found that the average credit score in states that legalized any form of sports gambling decreased by 0.3% after about four years and that the negative impact was stronger where online sports gambling is allowed, with credit scores dipping in those areas by 1%. They also found an 8% increase in debt-collection amounts and a 28% increase in bankruptcies where online sports betting was given the go-ahead. By their estimation, that translates to about 100,000 extra bankruptcies each year in the states that have legalized sports betting. The number of people who fell dangerously behind on their car loans went up, too. Oddly enough, credit-card delinquencies fell, but the researchers believe that's because banks wind up lowering credit limits to try to compensate for the rise in risky consumer behavior.
"We look at the general introduction of sports gambling and separately the introduction of online access, which is mostly these mobile apps like DraftKings and FanDuel," said Brett Hollenbeck, an associate marketing professor at UCLA's Anderson School of Management and one of the paper's authors. "Where we find the big effects is when the online mobile access goes in."
RE: OT: Notre Shame suspends MSWIM for one year -
2006alum - 08-15-2024
Given the trends in college sports and the legally permissive culture of "money trumps all," all I can say, to quote the best screenplay of all time, is, "I'm shocked! Shocked to find that gambling is going on here!"
You reap what you sow.
RE: OT: Notre Shame suspends MSWIM for one year -
cardcrimson - 08-15-2024
(08-15-2024, 09:50 PM)2006alum Wrote: Given the trends in college sports and the legally permissive culture of "money trumps all," all I can say, to quote the best screenplay of all time, is, "I'm shocked! Shocked to find that gambling is going on here!"
You reap what you sow.
"Your winnings, sir"
RE: OT: Notre Shame suspends MSWIM for one year -
fullmetal - 08-19-2024
Perhaps not surprising, but there are still a lot of unanswered questions about the situation:
https://swimswam.com/8-questions-still-remaining-about-the-suspension-of-notre-dame-mens-swimming/