Post Academic

Are Your Students Betting on You?

Posted in Housekeeping,The Education Industry by Caroline Roberts on August 30, 2010
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Image Source,Photobucket Uploader Firefox ExtensionDid you think Rate My Professors was the only website you had to worry about when it comes to teaching college? Well, a new website is allowing college students to place bets on their own grades:

A website called Ultrinsic is taking wagers on grades from students at 36 colleges nationwide starting this month.

Just as Las Vegas sports books set odds on football games, Ultrinsic will pay you top dollar for A’s, a little less for the more likely outcome of a B average or better, and so on. You can also wager you’ll fail a class by buying what Ultrinsic calls “grade insurance.”

Since students can only bet on themselves and the site isn’t gambling in the sense that you’re betting on what others will do, Ultrinsic paints itself as a motivational tool. Ultrinsic’s home page text proclaims: “The right amount of cash should provide you with the needed motivation to pull all-nighters and stay awake during the lectures of your most boring professors.”

Via: More after the jump! Image of the French gambling aristocracy from Wikimedia Commons, public domain.