Mississippi college athletes confess to betting, facing only minor disciplinary measures.

The Clarion Ledger reported more details on the case, classifying the offenses as Level III violations, the lowest level of gambling rule breaches that the NCAA recognizes. These cases were significant for another reason: they highlighted ProhiBet's capacity to identify gambling violations. ProhiBet, an NCAA partner, is responsible for monitoring college sports insiders for gambling activity. Although the players' names haven't been disclosed, they bet on the Super Bowl and the NBA All-Star Game weekend, making relatively small wagers through Kalshi, a prediction market platform. Their bets qualify as trades, since prediction markets claim not to offer traditional sports wagering options.

On February 8, the first wager of $50 was made on the Super Bowl matchup between the Seattle Seahawks and the New England Patriots. Another player placed two trades on Kalshi, totaling $20, for NBA All-Star Game event contracts, earning a profit of $66.47, which he now has to donate to a charity of his choice. Both players appeared before Mississippi State’s compliance office and admitted to placing the bets. They have been directed to undergo additional rules training, with no further penalties being applied in this situation.