Before participation in intercollegiate competition each academic year, a student-athlete shall sign a statement in a form prescribed by the Management Council in which the student-athlete submits information related to involvement in organized gambling activities related to intercollegiate and professional athletics competition under the Association’s governing legislation. [Bylaw 220.127.116.11]
Gambling according to the NCAA is defined as
1. Soliciting a bet on any intercollegiate team.
2. Accepting a bet on any team representing the institution
3. Soliciting or accept a bet on any intercollegiate competition for any item that has tangible value;
4. Participating in any gambling activity that involves intercollegiate athletics or professional athletics in which the NCAA sponsors that particular sport , through a bookmaker, a parlay card, or any other method employed by organized gambling.
Student-athletes who engage in gambling activities may lose some or all of their remaining eligibility, depending on the severity of the infraction.