Betting on Your Grades

Feeling confident about upcoming classes? Want to put a little money on that? If you are a student at one of 36 campuses in the United States, you can place a wager on your academic performance with Ultrinsic. According to a Huffington Post article, here's how it works:

A student registers, uploads his or her schedule and gives Ultrinsic access to official school records. The New York-based site then calculates odds based on the student's college history and any information it can dig up on the difficulty of each class, the topic and other factors. The student decides how much to wager up to a cap that starts at $25 and increases with use.

Students can also purchase Course Insurance and Semester Insurance, which pay for bad grades.