Patent ID: 8113848

Claim:
A method for motivating students to improve their grade point average using a network system, comprising the steps of: inputting into the network system a student's current class schedule; generating wagering odds for the student to achieve first grades for current class schedule, further comprising: inputting into the network system the student's school transcript showing past classes and grades for the respective past classes of the student; retrieving, by the network system, first objective rating data of a difficulty of the classes in the school transcript; retrieving, by the network system, second objective rating data of the difficulty of the current class schedule; inputting, by the student, a wager; determining, by the network system, a percentage of the wager to be retained by the network system; and determining, by the network system, a probability of grades to be achieved for the current class schedule based upon the first and second objective rating data obtained, the student's wager, and the wager percentage retained; communicating possible wagering odds between the network system and the student resulting in finalized wagering odds; accepting the finalized wagering odds; achieving, by the student, second grades for the current class schedule at the end of a current term; and if the second grades are at least equal to the first grades, rewarding the student in accordance with the accepted wagering odds.