Website sponsors gambling on grades at 36 colleges (AP)

Alex Winter, 20, a student at the University of Pennsylvania who uses the website Ultrinsic, an online site for students to gamble on their grades, pose on Tuesday August 10, 2010, in New York. Winter, from Greenwich Village, N.Y., can place place wagers on his grades after uploading his class schedule and allowing the site access to his school record. (AP Photo/Bebeto Matthews)AP – Think you’re going to ace freshman year? Want to put money on that?

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