Michael Hickey/Getty Images

The Purdue Board of Trustees voted to ban students and faculty from betting on Boilermakers athletics, according to Trevor Peters of WLFI in Lafayette, Indiana.

Sports betting became legal in Indiana starting Sept. 1. Division I college sports were included in the list of available options on which fans could place wagers.

Purdue President Mitch Daniels clarified the school-wide ban is limited strictly to the new law and won't include more informal types of betting, such as NCAA tournament pools.

Steve Schultz, legal counsel for the school, said the ban won't be finalized in time for Purdue's football game against Maryland on Saturday but should be set when the Boilermakers return to action Oct. 19 against Iowa, per Dave Bangert of the Lafayette Journal & Courier.

The U.S. Supreme Court opened the door for nationwide sports betting when it overturned the Professional and Amateur Sports Protection Act of 1992 in May 2018. The court allowed for states to craft their own laws regarding the practice.

One year later, Indiana Gov. Eric Holcomb signed a bill to legalize gambling on sporting events.

According to ESPN.com, Indiana is one of 13 states that has fully legalized sports betting.