Having your teammates counting on you provides additional motivation to meet your goals. Joining a team to meet your fitness goals can prove successful. If you don’t think you’ll be successful going it alone, you can join up to four other users to make a HealthyWage team. If you don’t meet your goals by the end of your challenge period, you lose your wager and your money is used to help pay out future challenge winners.
Weight wager verification#
Otherwise, your results may not be accurate and you may not get a payout.Īt the end of the challenge, simply upload another verification video and get paid if you met your goals. Hold off on starting your weight-loss efforts until your post-wager weight has been verified. The challenge doesn’t begin until you’ve placed your wager and successfully verified your weight. That involves uploading a video of your weigh-in at multiple intervals throughout the fitness challenge. In addition to the information you enter, HealthyWage also requires verification before and after the wager. You can pay the entire wager up front, or pay monthly in any amount from a minimum of $5 per month to a maximum of $995. The total amount wagered over the challenge period must be at least $100. You can choose a challenge period of anywhere from 6 to 18 months. When you set up your wager, you’ll need to enter a weight loss goal that’s at least 10% of your current weight in order to be eligible for a payout. He believes everyone still benefits, though, because at the very least they will have spent 6 months or more working to improve their health. However, the company’s founder, David Roddenberry, admits only 1 in 4 people who sign up on the site actually win their bets. Try it out: Use the HealthyWage calculator to see how much you can winĪccording to the stories on the HealthyWage site, some users have won thousands of dollars meeting their fitness goals. Just enter information such as your sex, height, weight and waist size, then enter your login information to unlock your exact prize.
Weight wager registration#
Of that, you will have paid in $600.Īfter you’ve narrowed down your goal, timeframe and wager amount, you can continue with your user registration to find out exactly how much you’ll win for your bet.
If you want to lose 100 pounds within 12 months and wager $50 per month, you can win $1,400 to $2,185 if you’re successful. Keep in mind, though, you will have paid in $120.
You can change information such as how much weight you want to lose, how long you need to reach your goal and how much you’re willing to wager each month.įor example, if you want to lose 30 pounds in 6 months and wager $20 per month, you can earn anywhere from $133 to $353 if you win the bet. Using the calculator, you can adjust the variables to see how much you can earn if you meet your goals. The HealthyWage calculator is your first step in determining your fitness goal and how much you’re going to wager. But if you haven’t met your goals, you’ll lose the money you bet.
Weight wager plus#
Either way, you commit to paying the entire wager amount, even if you quit the challenge.Īt the end of the challenge, if you’ve met your fitness goals you’ll get your wager back plus additional prizes. You can pay your entire wager up front, or spread it out over several months. This is why, even though the company uses words like “bet” and “wager,” legally it isn’t gambling.
Weight wager full#
You have full control over how much you bet as well as whether you win or lose. Then you’ll make a bet on whether or not you can meet those goals. When you first sign up for HealthyWage, you’ll set personalized fitness goals and weight targets.
HealthyWage allows you to bet on your potential weight loss success.
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