There are two issues of concern when it comes to athletes, coaches, and officials gambling.
1. Betting on the sport in which they participate. They would have to be Pete Rose stupid in order to do this, and it's easier to regulate against.
2. Betting too much money and getting into gambling debt. This is a much bigger and more realistic fear. It's the kind of thing that leads to point shaving and Tim Donaghy scandals. It's also harder to regulate against without a zero-tolerance policy.
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