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Website Lets You Bet On Your Grades

Posted by samzenpus on from the 3:1-degrees dept.

crimeandpunishment writes "College students who expect to get good grades can get a good payoff, if they're willing to put their money where their mouse is. A website is taking wagers on grades from students at 36 American colleges. Students have to register, upload their schedule, and give the site access to official school records. The site, called Ultrinsic, then calculates odds and the students decide whether to place their bets. Ultrinsic's CEO Steven Woldf insists it's not online gambling, since these wagers involve skill. He says 'The students have 100 percent control over it, over how they do. Other people's stuff you bet on — your own stuff you invest in.'"

1 of 204 comments (clear)

  1. some people don't have the cash for degrees or don by Joe+The+Dragon · · Score: 3, Interesting

    some people don't have the cash for degrees or don't want the loans.

    how about people who went to tech schools / on line?

    room and board is like $8000-$10000 a year now at some places.

    so what about people who did the job and did not go to big 4 year school? Why should they get passed over for a JOB?