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New company allows college students to place bets on their grades

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PA Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-12-10 02:15 PM
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New company allows college students to place bets on their grades
Short on tuition money?

A new company is offering college students a chance to make a little cash on the side -- by betting on their own performances.

Undergraduate students at 36 universities around the country -- including the University of Pittsburgh and Penn State University -- can wager on their own grades though a New York-based company called Ultrinsic.

"What this does is that it encourages students to focus their energy on school," said company co-founder Jeremy Gelbart. "If they're as passionate about getting a grade in their class as they are about playing poker with their friends, I'm thrilled."



Read more: http://www.post-gazette.com/pg/10224/1079423-455.stm#ixzz0wQ8tiU3a
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