Aug
16
2010
Website allows students to gamble on grades
Posted by: Chris Heller in News, Vox Populi, tags: Gambling, Student Code of Conduct, Ultrinsic, We'll stick with illegal offshore sports gambling, You got to knoooow when to hold 'em
Think you’ll ace some of your classes this fall? Wanna bet on it?
Ultrinsic, a website that allows students to gamble on future grades, recently expanded to 36 college campuses, including Georgetown.
To sign up for an account, students must share their schedules and transcripts with the website. Then, the gambling starts.
After deciding how well they expect to do in a course, students contribute money towards an “incentive,” while Ultrinsic coughs up the rest. If they get the grade they expected, then they win the full incentive. If not, they lose it all.
(And for cynics and underachievers among us, the website also offers grade insurance.)

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