As of my knowledge cutoff in early 2023, NCAA athletes are generally not permitted to bet on horse racing or any other form of sports betting. The NCAA has strict rules regarding sports wagering to maintain the integrity of college sports and to prevent any potential corruption or influence from gambling interests.
According to the NCAA’s bylaws, student-athletes are prohibited from engaging in sports wagering activities that involve college, professional or Olympic sports, as well as events that are part of the NCAA championship or a collegiate event. This includes betting on horse racing, as well as other forms of gambling like poker, fantasy sports, and lotteries.
The NCAA’s rules are designed to apply to all forms of sports betting, whether it’s on-site at a track, through online platforms, or through other means. Violations of these rules can result in penalties for the athletes, including suspension or permanent ineligibility, as well as potential consequences for their teams and institutions.
It’s important to note that laws regarding sports betting can vary by state, and the legal status of sports betting can change. However, regardless of the legal status in a given state, NCAA athletes are still subject to the NCAA’s own rules regarding sports betting. Student-athletes should always consult the most current NCAA guidelines and seek advice from their athletic compliance office to ensure they are in compliance with all applicable rules and regulations.