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Weight loss bets with friends. 7 Innovative Ways to Wager on Weight Loss: Boost Motivation and Results

How can you leverage financial incentives for weight loss. What online platforms offer weight loss betting opportunities. Which apps combine fitness tracking with monetary rewards. How effective are weight loss wagers for long-term results. What creative alternatives exist to traditional dieting approaches.

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The Rise of Weight Loss Betting: A New Approach to Shedding Pounds

In recent years, a novel trend has emerged in the world of weight loss: betting on your own success. This innovative approach combines financial incentives with health goals, tapping into the power of motivation and accountability. While traditional methods often rely on willpower alone, these new platforms add a tangible stake to the process, potentially increasing commitment and results.

A study from Carnegie Mellon University explored the effectiveness of financial incentives in weight loss. Over a 32-week period, participants with money at stake did initially lose more weight than a control group. However, the long-term sustainability of these results remains uncertain, as the incentivized group struggled to maintain their weight loss after the initial phase.

Despite this uncertainty, the concept of weight loss betting continues to gain traction. Let’s explore seven innovative ways to wager on your weight loss journey, each offering a unique approach to achieving your health goals.

Gym-Pact: Earn Cash for Your Workouts

Gym-Pact, an iPhone app created by Harvard graduates, takes a unique approach to fitness motivation. Here’s how it works:

  • Set a weekly workout goal (minimum one session)
  • Commit $5 per planned workout
  • Check in at the gym using the app
  • Meet your goals to earn real cash from the pool of non-exercisers’ fees
  • Miss a workout? Pay $5 per skipped session

This system creates a double incentive: the desire to avoid losing money and the potential to earn rewards for consistency. But does this approach lead to sustainable habits?

The Psychology Behind Gym-Pact’s Model

Gym-Pact leverages two powerful psychological principles: loss aversion and positive reinforcement. The fear of losing money can be a strong motivator to follow through on commitments, while the potential for financial gain provides an additional reward beyond improved health.

HealthyWage: Substantial Prizes for Significant Weight Loss

HealthyWage offers larger-scale challenges with potentially significant payouts. The platform has two main options:

  1. Individual challenges: Lose 10% of your body weight in 6 months to win $100
  2. Team challenges: Form a 5-person team to compete for a $10,000 grand prize

With over $430,000 paid out to successful participants who have collectively lost more than 860,000 pounds, HealthyWage demonstrates the potential of large-scale weight loss betting.

Case Study: HealthyWage Success Stories

One notable team challenge saw a group lose 266 pounds over 14 weeks, securing the $10,000 prize. These dramatic results highlight the potential of combining teamwork, competition, and financial incentives in pursuit of weight loss goals.

FatBet: Friendly Wagers with Creative Consequences

For those hesitant to risk real money, FatBet offers a free alternative focused on friendly competition and creative stakes. Key features include:

  • Create custom challenges with friends
  • Set weight loss goals by pounds or percentage
  • Use the honor system for daily weigh-ins
  • Devise fun, embarrassing, or service-oriented wagers for losers

This approach shifts the focus from financial incentives to social accountability and creative motivation. How effective is peer pressure in driving weight loss results?

The Power of Social Accountability

Research suggests that social support and accountability can significantly impact weight loss success. FatBet harnesses these factors by creating a shared experience among friends, potentially increasing motivation and adherence to health goals.

StickK: Customizable Goals with Flexible Stakes

Founded by Yale University professor Dean Karlan, StickK expands beyond weight loss to encompass various health and lifestyle goals. Its unique features include:

  • Set personalized goals for any area of life
  • Choose your own stakes, with or without money
  • Appoint a trusted “goal referee”
  • Enlist virtual cheerleaders for support
  • Option to direct failed goal money to opposing causes

StickK’s flexibility allows users to tailor their commitment devices to their individual preferences and motivations. But how does this customization impact overall success rates?

The Behavioral Economics of StickK

StickK’s approach is rooted in behavioral economics research, which suggests that people are more likely to follow through on commitments when faced with meaningful consequences. The platform’s option to direct funds to opposing causes adds an extra layer of motivation for some users.

DietBet: Gamifying Weight Loss with Social Interaction

DietBet combines elements of social gaming with weight loss challenges. Key features of this platform include:

  • Four-week game format
  • Free to join
  • Set percentage-based weight loss goals
  • Interact with friends and other participants
  • Winners split the pot of entry fees

By framing weight loss as a game, DietBet aims to make the process more engaging and enjoyable. How does gamification impact long-term adherence to health goals?

The Psychology of Gamification in Health

Gamification has shown promise in various health interventions by tapping into intrinsic motivations and making challenging tasks more enjoyable. DietBet’s approach leverages these principles to potentially increase engagement and persistence in weight loss efforts.

Expanding the Concept: Alternative Health Wagers

While weight loss is a common focus, the concept of health wagers can be applied to various wellness goals. Some alternative approaches include:

  • Smoking cessation challenges
  • Sleep improvement bets
  • Meditation and mindfulness commitments
  • Nutrition-focused wagers (e.g., increasing vegetable intake)
  • Fitness milestone challenges (e.g., running a 5K)

These variations demonstrate the versatility of the wager model in promoting various aspects of health and wellness. How might combining multiple health goals impact overall success rates?

Holistic Health Approaches

Research suggests that addressing multiple aspects of health simultaneously can lead to more significant and sustainable improvements. Expanding health wagers beyond weight loss may provide a more comprehensive approach to wellness.

The Future of Health Wagers: Trends and Innovations

As technology continues to advance, the landscape of health wagers is likely to evolve. Some potential future developments include:

  • Integration with wearable fitness trackers for more accurate monitoring
  • AI-powered personalized goal setting and challenge recommendations
  • Virtual reality fitness challenges with real-world stakes
  • Blockchain-based smart contracts for transparent and secure wagers
  • Corporate wellness programs incorporating wager elements

These innovations could potentially increase the effectiveness and appeal of health wagers. How might these technological advancements impact participation rates and long-term success?

The Role of Data in Health Wagers

As more data becomes available through wearable devices and health tracking apps, health wager platforms may be able to offer more personalized and effective challenges. This data-driven approach could lead to more tailored incentives and interventions, potentially improving overall outcomes.

Ethical Considerations in Health Wagers

While health wagers offer potential benefits, they also raise important ethical questions:

  • Do financial incentives unfairly advantage those with more resources?
  • Could wagers promote unhealthy or extreme behaviors in pursuit of goals?
  • How can platforms ensure privacy and security of health data?
  • Are there potential negative psychological impacts of repeated failures?
  • How can wagers be designed to promote sustainable, long-term health habits?

Addressing these concerns is crucial for the responsible development and implementation of health wager platforms. What safeguards should be put in place to protect participants?

Balancing Motivation and Well-being

Designing health wager systems that prioritize overall well-being alongside specific goals is essential. This may involve incorporating education, professional guidance, and safeguards against extreme or unhealthy behaviors.

Maximizing Success: Tips for Effective Health Wagers

For those considering participating in health wagers, here are some strategies to increase your chances of success:

  1. Set realistic, achievable goals
  2. Choose a platform that aligns with your motivations and preferences
  3. Enlist support from friends and family
  4. Combine wagers with evidence-based health interventions
  5. Focus on developing sustainable habits beyond the wager period
  6. Monitor progress regularly and adjust strategies as needed
  7. Celebrate non-scale victories and overall health improvements

By approaching health wagers thoughtfully and strategically, participants can maximize their potential for success. How can these strategies be tailored to individual needs and circumstances?

Personalized Approaches to Health Wagers

Recognizing that there is no one-size-fits-all approach to health and motivation, individuals should experiment with different wager styles and incentives to find what works best for them. This may involve trying multiple platforms or customizing challenges to align with personal goals and values.

The Role of Health Professionals in Wager-Based Interventions

As health wagers gain popularity, healthcare providers may play an important role in guiding and supporting participants. Potential involvement of health professionals could include:

  • Assessing appropriateness of wagers for individual patients
  • Helping set safe and achievable health goals
  • Monitoring progress and providing medical guidance
  • Integrating wagers into comprehensive treatment plans
  • Researching long-term effectiveness of wager-based interventions

Collaboration between health wager platforms and medical professionals could enhance the safety and efficacy of these interventions. How might this integration impact healthcare delivery and outcomes?

Evidence-Based Wager Design

As research on health wagers continues to evolve, platforms may increasingly incorporate evidence-based strategies for behavior change and motivation. This could lead to more effective and sustainable interventions that complement traditional healthcare approaches.

Measuring Success: Beyond Weight Loss

While many health wagers focus on weight loss, it’s important to consider a broader range of health outcomes. Alternative measures of success could include:

  • Improvements in blood pressure, cholesterol, or blood sugar levels
  • Increased physical fitness and endurance
  • Enhanced mental health and well-being
  • Better sleep quality and duration
  • Improved nutrition and eating habits
  • Greater overall life satisfaction and energy levels

By expanding the definition of success, health wagers can promote a more holistic approach to wellness. How might this broader perspective impact participant motivation and long-term health outcomes?

Holistic Health Metrics

Incorporating a variety of health metrics into wager systems could provide a more comprehensive view of progress and encourage participants to focus on overall well-being rather than solely on weight loss. This approach may lead to more sustainable and meaningful health improvements.

As the landscape of health wagers continues to evolve, it’s clear that this innovative approach to motivation and accountability has the potential to significantly impact health behaviors. While challenges and ethical considerations remain, the combination of financial incentives, social support, and gamification offers a unique tool in the pursuit of improved health and wellness. By carefully considering individual needs, incorporating professional guidance, and focusing on holistic outcomes, health wagers may play an increasingly important role in promoting positive lifestyle changes and achieving lasting health improvements.

7 Ways to Wager on Weight Loss – Weight Center

Whether you want to go at weight loss solo or with a group, there are new diet sites that will help you raise the stakes by rewarding or penalizing you for achieving or missing your goals.

Medically Reviewed

A beach vacation, a wedding, a class reunion: Many dieters look to big events to help keep them accountable for their weight loss and fitness routines. As dieters search for novel ways to stay on track, a new trend has materialized: Web sites that challenge you to lose weight or pay up — literally.

Depending on the site, you can sign up with a group of friends or as an individual. If you skip the gym, miss your goals, or don’t lose the weight you promised, you pay a predetermined fine. Most sites donate the profits to charity, but some shell it out to users who have met their goals.

Whether this approach works for long-term weight loss is still up for debate. A recent 32-week study from Carnegie Mellon University found that participants with a financial incentive did in fact lose more weight than a control group. But after an eight-week weight loss maintenance phase, those who had money at stake were unable to maintain their new weights, so there was no long-term difference between the incentivized dieters and the control group.

But if you’re feeling confident in your ability to lose weight and make a few bucks, or if you need an extra kick to stay on track, check out this list of buzzy new sites that let you wager on weight loss.

Get Cash for Going to the Gym

Created by two recent Harvard grads, Gym Pact is an iPhone app that forces users to hit the gym or pay up — $5 per missed workout. On the flip side, every week you hit your exercise goals, you’re rewarded with real cash.

How it works: There’s no sign-up fee, but each week you’re required to commit to at least one workout (worth $5). If you want to push yourself harder, you can add more gym sessions to your weekly rotation. Once your goal is set, check in on the app every time you hit the gym. At the end of the week, the money collected from non-exercisers is divided up among people who reached their goals. And just like you did in middle school, if you miss the gym due to illness, your doctor can send in a note to Gym Pact to score you a refund.

Win Prizes for Weight Loss

Lose 10 percent of your body weight over six months and automatically win $100. That’s the promise behind Healthy Wage, a site that’s so far shelled out more than $430,000 to dieters who’ve lost more than 860,000 pounds.

How it works: Join one of two ongoing challenges as an individual to compete only against yourself and shed weight or lower your BMI, or enter the Matchup Challenge as part of a five-person team and become eligible to win the site’s $10,000 first prize. There’s a participation fee for each challenge, which in turn becomes prize money for the winners. To give you an idea what you’re up against, the most recent five-person team to win the Matchup Challenge lost 266 pounds over 14 weeks and walked away with $10,000.

Try Free Weight Loss Wagers

If you’re not ready to lose real money over that second slice of pizza, try Fat Bet, a free site that lets you create your own weight loss group challenge with friends. You’re encouraged to make wagers that are fun, embarrassing, or include some kind of service or challenge that the loser has to perform — think running naked, singing karaoke, or washing the winners’ cars. If you win, you get nothing but bragging rights and a slimmer bod.

How it works: Gather a group of friends and either set a pound or percentage weight-loss goal. Everyone in the challenge uses his or her own scale to weigh in daily, and then enters weights online using the honor system. If everyone loses the weight-loss wager, everyone pays.

Meet Any Health Goal

Founded by Yale University professor Dean Karlan, PhD, as an “online commitment store,” StickK is designed to help you stick with your goals, whether you want to exercise more, quit smoking, sleep more, or something else entirely.

How it works: Because your goals can be about anything, you set your own and define the stakes on your own — money is optional. Next, you invite someone you know and trust to be your goal referee, and add friends on the site to act as your virtual cheerleaders. In a rather unusual offering, StickK also allows users to elect to send failed goal money to a charitable cause they abhor. For example, if an anti-gun advocate misses his or her workout goals for the week, the fees they incur go straight to a gun-rights organization. This might seem like a harsh incentive to stick to your goal, but Karlan’s behavioral economics research indicates it works.

Play a Weight Loss Game

Farmville addicts, look no further than Diet Bet. This free-to-join, four-week game with friends helps you lose weight — go for either 8 pounds or 4 percent of your beginning weight — with a monetary bet (you pick the level each player puts in the pot) and fun bonus stakes, such as dinner on the loser.

How it works: Visit the site to set the amount of money each dieter has to throw in and whether you’re judging based on pounds or percentage of weight loss. Invite friends to join you on Facebook and Twitter, and you’re off. After four weeks, whoever loses the most weight takes home the whole pot.

Make or Break Any Habit

It takes 21 days to make or break a habit — good or bad — say the founders of 21Habit, a new site for making or breaking goals. One of the simplest sites on the list, 21Habit allows you to simply input your goal, select “committed” or “free” mode, and go.

How it works: Set your goal, and if you choose the committed mode, bet $21 up front. You can also try the site for free without wagering anything. Every day, check into the site to record how you’re progressing toward your goal. Each day you succeed, you get $1 of your original 21 back. Each day you fail, you automatically forfeit $1, which the site donates to charity. You can also try the site for free without wagering anything.

Collect Real Rewards for Healthy Habits

Whether it’s time to lose your baby weight before you go on vacation or quit smoking because your doctor says so, Health Rally can help. Founded by neuroscience researcher Zack Lynch and software guru Peter Kaminski, the site allows your family and friends to pledge money to reward you for reaching your goal. (Think $150 pledged by your friends for new running shoes after you complete your first 5K.)

How it works: When you visit the site, choose the person you want to motivate (yourself or a friend) and create a custom profile explaining the health goal, and the reward you want. Next, share your goal or rally with your social networks, and sit back and wait for the support to start flowing in.

DietBet allows you and friends to wager on your weight loss

Having trouble sticking to your new diet? Perhaps you need extra incentive. And maybe friendly competition.

Enter

DietBet

, a new social media game and website where people compete to see who can lose a given amount of weight in a four-week period with a cash prize as their reward.

The site, which debuted in December, is part of a new trend of sites that attempt to use online tools to get people to live happier, healthier lives in the same manner that FourSquare encourages people to visit new places and venues.

It’s not alone either. A number of similar sites, like HealthyWage or Nike+, which focuses on exercise and running, have been popping up to offer participants incentives to stay healthy, be it financial or just bragging rights.

Here’s a rundown on DietBet and how it works:

What is DietBet?

DietBet is a social dieting game where you have the chance to win money by competing with your friends to lose weight.

“We think it’s a tool for dieters to get motivated and have fun,” said Tina Basle, vice president of strategic alliances at DietBet. “People are keen to get fit and lose weight and keen to engage socially with one another.”


How do you play the game?

Think of it like an office pool or fantasy football league, only involving calories and pounds instead of sports teams. One person, dubbed an “organizer,” sets up a game at the DietBet website, inviting friends and co-workers to play. Everyone who agrees to take part then contributes a certain amount of money into the pot — the organizer gets to decide how much that is. The goal for all participants is to lose either eight pounds or four percent of their body weight over a four-week period.

What happens?

There are two official weigh-ins, one at the start and the other at the end. Players who don’t want everyone to know how much they weigh (at least initially) can keep that information hidden. Participants can all weigh-in together in one location or in different locations, using the honor system.

In between, players are encouraged to message words of encouragement (or trash talk if you prefer) to one another and post photos marking their progress. A “Daily Carrot” newsletter offers tips.

At the end of the four-week period, the person who has met the goal is declared the winner.

“People are familiar enough with the concept to instantly get it,” Basle said. “It’s resonated quite well.”

How many can play?

At least two and no more than 50.

What if more than one person meets the goal?

If there’s more than one winner, the pot gets divided evenly. If no one meets the goal, the person who lost the most weight is the winner.

Does it cost anything to play?

No. DietBet is free.

Do you have to play for money?

No. The game allows you to set other penalties or rewards, like having to baby-sit someone’s kids, wash someone’s car or give away tickets to a show or game. It’s up to the organizer’s discretion.

How can competing help me lose weight?

A recent study by the University of Pennsylvania that Basle cited noted that people who had a financial incentive to lose weight were more likely to do so than those who didn’t and were five times more successful at reaching their target goal.

“When there’s money on the line people rise to the occasion,” Basle said.

The competitive aspect of diet games also attracts a lot of men, who typically don’t take part in formal weight-loss programs like Weight Watchers, Basle said.


Why only eight pounds or four percent? Why not have people try to lose more weight?

“One of the things we wanted to make sure is that everyone is losing weight in a healthy way,” Basle said. “Four percent is a healthy rate of weight loss.”

How does the site make money?

Mainly through advertising and selling products. The site also offers a service through PayPal where they will collect and manage the pot on the group’s behalf for a small fee.

Is this diet betting really a thing?

Apparently. The New York Times and The Wall Street Journal noted the rising trend back in 2009, as did the sitcom “The Office,” in an episode where everyone competed to lose weight. Sites such as DietBet just attempt to streamline some of the organizational work.

“No one is going to put their kid through college using DietBet, the main focus is on dieting,” Basle said. “If you’re a gambler, go to Vegas.”

If you purchase a product or register for an account through one of the links on our site, we may receive compensation.

how group weight loss services earn millions – Services on vc.ru Considerable marketing budgets, including advertising on television and offline, allowed the online marathon to gather tens of thousands of participants.

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Nevertheless, a similar approach, “lose weight and win,” has been exploited in the West for a long time. Today we will talk about projects that have built a profitable business on this

In 2008, Jamie Rosen was visiting friends at the office and noticed how they were all competing to lose weight. The idea turned out to be interesting to the entrepreneur, but only after 2 years he decided to implement it.

To figure out where to go, Rosen launched a page asking “Are you interested in losing weight with friends or strangers?”

It turned out that 70% of respondents preferred to lose weight with strangers. In this case, embarrassment in front of loved ones disappears, the fear of not meeting expectations, and so on. The vector has been set.

“The idea that people are interested in playing these games with strangers really intrigued me. That’s what piqued my interest,” Rosen later wrote.

How things work

Soon the site dietbetter.com appeared, where anyone could take part in a collective weight loss game. Everything works according to the following principle: the organizer (any person can act as an organizer) creates a game, indicates the cost of participation (usually $30) and the period (one month or six months).

Other users can join the competition and thus put money into the general prize pool, which is shared by the winners at the end.

To minimize harm to health, the founders immediately fixed acceptable weight loss goals: 4% for a monthly marathon and 10% for a six-month one.

In order to control progress and cut off cheats, users need to publish their photos on the scales and in full growth during the competition. If the service suspects fraud, it may ask to send a video recording of the weighing.

The project earns on payments to winners, taking from 10 to 25% of the prize fund.

Emphasis on anonymity and communication

A huge role in the service was given to the social component, knowing full well that the success of any course depends heavily on the environment and support

After the start of the marathon, each of the participants can post their post or photo to the closed group, and the rest can comment or like them. This is very similar to the Facebook news feed, with the difference that DietBetter does not require you to participate under your real name, knowing full well that the real name only adds to the discomfort.

The service often invites well-known bloggers, who, in turn, encourage and motivate participants, and also go all the way to losing weight with them

In each set, the user can invite his friends to the competition, and the participant who brings the most gets the corresponding badge for the rest of the course

From idea to $104 million

And now let’s move on to the numbers. The service fully launched in 2010, and a year later it received the first $1 million. Very soon, the founders realized that such a gaming approach was limited not only to losing weight and launched a number of parallel directions, including, for example, StepBet (walking) and RunBet (running). Website moved to Waybetter.com

Since then, the project has paid out more than $104 million to its users, of which $21 million since the beginning of 2020. If we take into account that this is only 75% of all prize funds (the service takes 25% for itself), then we get that the startup’s income for the last 11 months amounted to $7 million.

DietBet

Claimed Numbers

Right now, the prize fund of active 4-week DietBet marathons exceeds $200,000, which means that the project will receive $50,000 from this section alone at the end of the month, not to mention the WayBetter, StepBet, RunBet directions.

By the way, despite the fact that the project is making good money, it has ceased to be interesting for investors. The largest round of $2.8 million was back in 2014, after which the next tranches turned out to be smaller in size.

Are there competitors?

In addition to DietBet, there are other companies that offer to earn money by losing weight, such as healthywage.com. But if in the first case the duration and goals of the marathons are fixed, then in the second case you are offered to independently indicate the kilograms and the period for their release, after which the amount of potential winnings will be calculated

This model seemed to me no less interesting, and technically even more complex. For example, 13.6 kg dropped in 9 months, provided that I invest $450 in the prize pool, I will win from $482 to $1009. The system will calculate the exact figure after a small test, where you indicate your current weight, height, diet history, etc.

They offer to pay from 482 to 1009 dollars for losing 30 pounds within 9 months. At the same time, you need to pay $50 for participation every 30 days

That is, a 60kg girl trying to lose 13kg will compete for a bigger prize than a 100kg man. Since it will be much easier for the second to complete the task.

Of course, for this approach, you need to have a base of results and understand the probability of achieving the goal with given indicators in order to put your profit into it. It’s kind of like sports betting, where you’re betting that Barça will score 5 goals in a match. There is a possibility, but the office has already included its interest in the coefficient.

As for local analogues, then Mad Drying comes to mind, which for a long time was a success in Russia and neighboring countries group weight loss people will also soon get bored.

DietBet is an internet project that I found interesting to describe in detail. If you liked the article, then I describe the same stories on my TG “Traffic and Clicks”. Subscribe, there is no less useful info.

10 easy ways to get money to lose weight in 2023

Did you know that you can be paid to lose weight? Sounds funny, right?

Getting paid for weight loss simply means that every weight loss is a profit. Are you still thinking about losing weight? I bet no.

Here at kiiki , we will not only teach you how to lose weight, but also inform you about the passive income that you can earn just by losing weight.

From a medical point of view, when we talk about weight loss, we think of a decrease in body weight, fluid and total body fat. The issue of losing weight always comes up regularly, as it is not such an attractive feature or pull-up, especially when obesity sets in.

Technically, many have been put on certain dietary requirements to put an end to being overweight. Similarly, many people venture into mandatory exercise routines to shed a pound of flesh.

It is interesting that you can get money for losing weight. Now you don’t just stick to your usual exercises or diet, you get paid real money for doing them.

Contents

  • Does losing weight and getting paid work?
  • How much can I earn on these platforms?
  • How do these platforms work?
  • 10 Easy Ways to Get Money to Lose Weight
    • #1 HealthyWage
    • #2 Walgreens Balance 9 Awards0098
    • #3 Fitcoin
    • #4 DietBet
    • #5 RunBet
    • #6 Achievement
    • #7 Sweatcoin app
    • #8 Gym Pact
    • #9 StickK
    • #10 Swagbucks
  • SUMMARY
  • Editor’s recommendation

Does losing weight and getting paid work?

According to a study by Carnegie Mellon University (USA), financial incentives for weight loss have proven effective over the years. Read here).

The study found that the financial reward motivated participants to lose more weight than the control group, but they immediately regained it after an eight-week weight maintenance phase. The study recommends longer-term incentives.

If you’re determined to lose weight and keep fit, these platforms are happy to pay you for it.

How much can I earn on these platforms?

You can earn up to $10,000 by doing certain physical activities on these platforms. Yes, I really want to say that you need to transfer $ XNUMX XNUMX to your bank account.

How do these platforms work?

The trick here is more like a race against yourself. Because some platforms use a staking system. For example, they might say: We’re betting $1,000 that you won’t be able to lose a certain amount of weight within 7 days. This lifestyle is dedicated and disciplined, looking up to the crown.

10 easy ways to get money to lose weight

Weight loss websites and apps allow you to bet on losing weight or doing certain physical activities. This means that you are rewarded for reaching your goals (and penalized for not meeting them).

Some weight loss competition platforms donate profits from lost wages to charity. While others will offer your bet to users who have reached their goals.

Read related : 15 best passive income ideas to make money in your sleep. 11 Platforms Where You Can Get Paid To Test Products From Home

As I reveal these income secrets to you, I hope you take a good look at them and try out one or two options. They have been checked and verified so you can trade with confidence. You can get paid to lose weight alone or with a group of friends, although it all depends on which diet site you prefer.

#1 HealthyWage

They hold the top spot due to their consistency and popularity, with the promise of financial rewards if you reach your goals. The platform has a simple promise: if you lose 10% of your weight in six months, you will win $100 instantly.

There is an entry fee of approximately $25 per month for team competitions. And you can choose how much you want to bet if you’d rather bet on yourself than join the competition.

There are many testimonials on the platform from people who have won around $1,000 or more. Along with significant weight loss. So far, HealthyWage has awarded over $430,000 to weight loss aspirants who together have lost over 860,000 pounds.

If you have a weight goal in mind, bet on yourself to reach your goal at HealthyWage.com. Simply enter your target weight and target date in 6 months or more. Then enter your statistics (gender, age, weight, etc.). Choose the dollar amount for your monthly bet, enter your payment details, and then you’re in the game.

If you reach your goals, you can get paid in cash – by check or Paypal – or opt for Amazon credit.

#2 Walgreens Balance Rewards

If you live near a Walgreens Balance Rewards store, you have a chance to earn money for losing weight when you enroll in their weight loss program.

Unlike HealthyWage, Walgreens Balance Rewards offers loyalty points for a variety of healthy lifestyles and activities. These loyalty points can be converted into cash that you can use anywhere at Walgreens or for online shopping.

They will give you points for various healthy activities or tasks you do, such as weighing yourself, reaching a health goal, exercising, not smoking, walking, cycling, jogging. etc. Complete these health challenges to earn points every week. And note that for every 1,000 points you earn, you get a $1 discount on Walgreen purchases.

You can find your nearest location on Google and start your earning circle.

#3 Fitcoin

This is a new generation app that pays you to lose weight for free. The unique selling point of FitCoin is that the reward is not cash, but bitcoin. How hard you engage in a particular physical activity will passively determine how much you earn.

To join FitCoin, you must download the iOS app. Then create an account for your bitcoin repository and enter your personal details. Once set up, you must sync the app with any of the eligible fitness trackers with heart rate tracking. You can sync FitCoin with FitBit, Garmin, Atlas, Mio, and Jawbone, among others.

Although they pay you bits of cents for the action you perform, I think it’s still worth a try.

#4 dietbet

DietBet is very similar to HealthyWage, you can earn weight loss money with DietBet by betting on yourself to lose weight. The only difference is that DietBet offers a wider variety of weight loss contest options.

Various competitions are constantly held – short-term and long-term. And you can either create your own betting game and invite people to join, or browse the site and find the betting games you want to join.

All participants must bet at least $10 and at the end of the bet, people who have reached their goals are entitled to share the money won. This means that if you enter the contest with a $10 entry, you can expect to win between $15 and $20. Payments are made through Paypal.

Dietbet offers three weight loss challenges: Kickstarter, Transformer, and Maintainer.

Kickstarter

9The 0002 Kickstarter, which runs for four weeks, requires you to lose at least 4% of your weight. Entry fees vary by competition, but the average is $30.

transformer

The transformation, which lasts 6 months, requires you to lose at least 10% of your weight. You must wager $25 per month or pay a one-time fee of $125. The trials consist of six rounds spread over six months, each requiring you to lose a certain percentage of your body weight.

Companion

Companion is open to participants who have previously lost weight in the Kickstarter or Transformer programs. This program requires you to keep your weight within plus or minus 2% of your body weight. The entry fee is $25 per month or $225 upfront.

At the end of the contest, the winners are entitled to split 85% of the money as Dietbet gets a share. If more people lose in the competition you are in, the more money you will take home. It’s really fun!

#5 RanBet

This one is similar to DietBet and HealthyWage (listed above). If running is an important part of your exercise program, then RunBet is the best platform for you. The goal is to make running a habit with a monetary incentive to help you stick with the habit.

For example, one game lasted six weeks and the admission fee was $40. In this game, participants had to run four times a week at a minimum pace of 10 minutes per mile.

Participants must successfully complete the race schedule within six weeks to receive their share of the bank. With 45 players participating, the pot reached $1,800.

The more people win the contest, the smaller your share of the bank will be. If you stick to the schedule, you will win a share of the jackpot of the game you joined. This will be equal to your stake plus profit.

RunBet allows you to run outdoors and indoors, and the verification is done in two ways. Outdoor runs must be tracked and recorded using a run tracking app, including Strava, Runkeeper, or Garmin Connect.

#6 Achievement

This is an app that pays you money for doing healthy things like step tracking, eating right, sleeping well and so on. Available on both Android and Apple devices.

Achievement is 100% free to join, no in-app purchases required. All you have to do is sync your fitness app or wearable to start earning points; You can get money to lose weight without even thinking about it.

Payments are made via Paypal or direct deposit. Every 10,000 points you earn is equivalent to $10 in cash.

#7 Sweatcoin app

Sweatcoin is a free phone app available for Android and iOS devices that pays you to walk outside. The Sweatcoin app calculates the number of steps you take using your smartphone’s accelerometer and GPS.

The app converts your steps into Sweatcoins. The catch is that your steps must be taken outdoors in order to count your earnings.

You can exchange Sweatcoins for gift cards and merchandise such as a new iPhone, clothes or fitness classes, or donate your coins to charity.

# 8 Gym Pact

If you like going to the gym from time to time, this app is definitely made for you. Gym Pact is an app that allows you to earn money by exercising at the gym.

This smartphone app offers financial incentives to help you stick to your fitness goals. With GymPact it’s easy to get money to lose weight.

First, users must enter into an agreement indicating how many days they devote to training in the gym. By default, the three-day pact will earn you $2.10 per week if you successfully complete your package. You can get from $0.50 to $0.75 per workout.

The next step is to set up your bet. The default program will take $5 out of your pocket for every missed workout. This is a severe punishment that you will most likely go out of your way to avoid.

You will then need to connect your Facebook account and enter your credit card details (for rewards and penalties).

#9 StickK

is an application that will help you achieve any goal, be it weight loss or bodybuilding for a macho look. Users must sign Commitment Agreements with attached fees.

If you don’t reach your goal, the money will go to a predetermined person, charity, or StickK itself. You can also choose a charity whose mission you don’t support to get extra motivation to succeed.

If you choose an ongoing commitment, you must submit a weekly report to keep StickK informed of your progress. You can also opt for a one-time commitment where you report only at the very end. The official StickK “arbiter” will verify your claims.

The StickK judges are the ones who decide if you have successfully completed your registration. Interestingly, a referee is someone you know, such as a friend or partner.

#10 Swagbucks

Swagbucks is a rewards site that allows you to earn points called Swagbucks for completing simple tasks like completing surveys, playing games or watching videos.