In my current put up on getting paid to stroll, I briefly talked about the opposite facet of this become profitable coin – receives a commission to shed pounds. Cash is a large motivator on this family. My husband and I might each stand to lose a couple of kilos. And with this being the season for consuming, we thought possibly it might assist us energy by way of the vacations with out surrendering to each piece of pumpkin pie or peppermint mocha thrown our manner.
What are Weight Loss Challenges?
Weight reduction challenges are precisely what they sound like: video games by which you problem your self to lose a certain amount of weight inside a set time period. Whereas everyone knows extra weight can have an effect on every part from sleep to psychological wellbeing to coronary heart well being and joint well being. Our weight can influence each facet of our lives. And whereas that must be sufficient to make adjustments, that simply isn’t the case.
However cash can change that! A number of research have proven money incentives cannot solely encourage individuals to shed pounds but additionally hold it off. And that’s what we’re speaking about at present. On-line platforms that incentivize weight reduction with chilly laborious money!
How Do They Work?
Most weight reduction challenges start with a dedication – you’ll decide how a lot weight you’re required to lose to win your problem. On websites like HealthyWage and DietBet, you may select from packages they’ve arrange and purchase in with the wager required.
You do have to put your cash within the cookie upfront, however that’s the purpose! The worry of dropping out in your funding offers you a further push to stay to your dedicated targets. And research have proven monetary incentives assist additional weight reduction.
These challenges could also be private or group-based, and will require you to lose a sure variety of kilos individually or a share of total group weight. You’ll need to do weigh-ins all through to show whether or not there’s been any weight reduction.
In case you meet your purpose, you’re assured to, on the very least, get your funding again. However as a result of additionally, you will be getting a lower of the bets of everybody who didn’t meet their targets, you’ll most likely earn somewhat additional!
HealthyWage Breakdown
HealthyWage says they host “wellness challenges with money prizes.” You’ll be able to be a part of a company problem if one is being provided by your employer. Or, you may be a part of group or particular person problem. Most individuals merely be a part of a person problem by which your particular person outcomes decide whether or not you win or lose. That’s how I prefer it!
To find how a lot you can win, HealthyWage has a prize calculator that asks for a way a lot weight you’d wish to lose (should be at the least 10% of your present weight), your required problem time interval, and the way a lot cash you wish to guess per 30 days. In case you’d wish to lose 60 kilos in six months, for instance, you can guess $50 every month and stroll away with between $389-$1209 if you happen to win. (They’ll ask for you intercourse, peak, weight, and waist dimension earlier than telling you precisely what you can earn.) The prize cash quantity will increase relying on how statistically troublesome it’s so that you can shed pounds.
If dropping 10% of your weight – or a six-month problem – is somewhat too huge of a dedication to start out, don’t run away simply but. HealthyWage additionally presents shorter challenges which run 90 days and require 6% weight reduction.
HealthyWage conducts weight verification in the beginning and finish of their challenges – these weigh-ins should be accomplished on video utilizing both their app or importing your personal video to their system. You’ll be able to self-report on a weekly foundation. There aren’t any month-to-month necessities, so the way you lose the load and cheer your self or others on is as much as you. (In case you’re pregnant or present process bariatric surgical procedure, you aren’t eligible to take part.)
When you win, you’ll be paid by way of PayPal or a paper test after your problem completes and also you request your payout.
My husband joined a 6% problem.
DietBet Breakdown
DietBet hosts two kinds of weight reduction problem “video games” – one which runs for 4 weeks (referred to as a Kickstarter) and one other that runs for six months (referred to as a Transformer). All Kickstarter video games are about dropping 4% of your physique weight, they usually encourage contributors to think about these challenges as a method to drop these previous few kilos or get toned for an upcoming occasion. The Transformer video games require you to lose at the least 10% of your weight and concentrate on measured, wholesome weight reduction. Additionally they supply a Maintainer problem for individuals to carry regular at their purpose weight, warding off the kilos they’ve misplaced.
There are a lot of totally different challenges you may select to affix whenever you join a DietBet sport – they’ve totally different buy-in quantities, variety of contributors, and pot sizes – so you may select one which most accurately fits you. In case you win the problem, you’ll cut up the pot with all different winners.
You may as well take part in a couple of problem at a time if you happen to change into a DietBet member. We had the choice to change into members all through our first challenges. It might have been a one-time supply, nevertheless it price $5 and wouldn’t renew after our problem was over.
DietBet has a two-step {photograph} weigh-in course of to test your weight whenever you start and end a problem. In case you select to change into a DietBet member, you may also do weekly weigh-ins and get suggestions from their referees – and entered to win a weekly progress prize. In the event that they consider there’s one thing uncommon about your weigh-ins, you might be required to submit a video weigh-in as a substitute. Transformer sport contributors can submit month-to-month weigh-ins to win month-to-month share weight reduction targets.
How a lot you may win all relies on how a lot cash is within the pot and what number of winners there are, however DietBet says that Kickstarter winners earn, on common, 50% to 100% over their wagered quantity. They are saying their common winner of a Transformer sport earns $325 for successful every month’s purpose or $175 for simply successful the ultimate month.
In case you win your present sport, the sum of money you win can be added to your account as equal factors. You’ll be able to select to money out by submitting a request for a PayPal fee or a paper test to be mailed. In contrast to HealthyWage, DietBet will help you request a refund as much as seven days right into a Kickstarter sport or as much as 14 days right into a Transformer sport; further exceptions could also be made for refunds if you happen to expertise medical issues throughout your problem.
Past being a health-conscious weight reduction app, DietBet additionally ensures that you just don’t earn again lower than you guess if you happen to win your problem. That’s proper, if the pot is cut up amongst so many winners that your payout is decrease than your guess, they’ll forego their payment so that you make your a reimbursement. So even if you happen to don’t make any cash, you’ve nonetheless misplaced weight without spending a dime! Be taught extra at DietBet right here.
Did We Get Paid to Lose Weight?
My Husband’s HealthyWager
Purchase-in: $60
Weight Loss Dedication: 6%
Outcomes: Ongoing. This problem ends February 2019. I’ll replace this put up presently, or be a part of my publication for a closing end result. Take a look at these success tales whilst you wait:
Our DietBets
Purchase-in: $30
Weight Loss Dedication: 4%
Winnings: $50.10 – After subtracting the $30 guess, that’s $20.10 revenue to those that met their purpose. A 67% return is fairly good!
Please bear in mind winnings can be totally different for each sport relying on the variety of contributors, the scale of the pot, the location’s lower and the way many individuals don’t meet their purpose.
Walgreens Stability Rewards
Walgreens has lengthy been pushing their message that they need you to be wholesome, and their Stability Rewards for wholesome decisions app definitely backs that up! Not solely does their rewards card do all the everyday rewards card stuff – rewarding you for retailer loyalty and your in-store purchases – nevertheless it additionally rewards you for making wholesome decisions in your life.
In case you use their Stability Rewards app to log info corresponding to your well being targets, how a lot you’ve walked (or run or cycled), your train periods, each day weigh-in, and extra. You’ll be able to earn factors which you could later convert into financial savings on future Walgreens purchases. It is probably not chilly, laborious money, however is holding money in your pockets.
The app now hyperlinks as much as a number of well-liked health apps and gadgets. They’ll even reward you merely for monitoring your blood strain and blood glucose. Be taught extra at their program particulars web page.
Ultimate Ideas
This was simply the bounce begin we would have liked. I’ve lengthy instructed myself, I wanted to lose a couple of kilos however I’ve by no means actually dedicated to it. My husband has simply been saying, “Subsequent week…” all 12 months lengthy. It was scary to have it written in stone, nevertheless it was very a lot wanted.
Nonetheless you select to gamify your weight reduction and make somewhat cash alongside the way in which, just remember to are approaching your weight reduction problem in a secure and wholesome manner. Your physique will thanks for consuming appropriately and never pushing your self too laborious! Reduce threat with a healthful weight loss program and train that matches your expertise degree. Making small adjustments can add as much as huge transformations and may very well be the important thing to successful these huge pots in a weight reduction problem.
I’d additionally advocate checking together with your medical insurance firm for extra alternatives.
Have you ever participated in a weight reduction problem earlier than and gained? Share your experiences within the feedback.
Take a look at these exercise motivation apps
Printed December 2015. Up to date December 2018.
