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Website Lets You Bet On Your Grades
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.'"
Actually, you can... Betfair and many other betting exchanges allow you to do that. Maybe not accessible for most of you US-ians, but I'm not sure how access has been affected by your archaic anti-gambling stance over there.
So exactly how does your car get its internet connection then? Or does it connect to other hot spots and then provide that signal to your devices? Or is this supposed to use one of the new wireless protocols like WiMAX or something? I didn't think those were all that operational yet? Will this be a subscription based service offered by Audi, like OnStar or something? Article seemed a bit light on details.