In my latest submit on getting paid to stroll, I briefly talked about the opposite aspect of this earn a living coin – receives a commission to drop a few pounds. Cash is a big motivator on this family. My husband and I may each stand to lose just a few kilos. And with this being the season for consuming, we thought possibly it may assist us energy by way of the vacations with out surrendering to each piece of pumpkin pie or peppermint mocha thrown our means.
What are Weight Loss Challenges?
Weight reduction challenges are precisely what they sound like: video games wherein you problem your self to lose a certain quantity of weight inside a set time frame. Whereas everyone knows extra weight can have an effect on every thing from sleep to psychological wellbeing to coronary heart well being and joint well being. Our weight can affect each side 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 can’t solely inspire folks to drop a few pounds but additionally maintain 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?
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 must put your cash within the cookie upfront, however that’s the purpose! The concern of dropping out in your funding provides you an extra push to stay to your dedicated objectives. 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 general staff weight. You’ll should do weigh-ins all through to display whether or not there’s been any weight reduction.
If you happen to 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 minimize of the bets of everybody who didn’t meet their objectives, you’ll most likely earn somewhat further!
HealthyWage Breakdown
HealthyWage says they host “wellness challenges with money prizes.” You may be part of a company problem if one is being provided by your employer. Or, you may be part of staff or particular person problem. Most individuals merely be part of a person problem wherein your particular person outcomes decide whether or not you win or lose. That’s how I prefer it!
To find how a lot you may win, HealthyWage has a prize calculator that asks for a way a lot weight you’d prefer to lose (have to be no less than 10% of your present weight), your required problem time interval, and the way a lot cash you wish to wager per thirty days. If you happen to’d prefer to lose 60 kilos in six months, for instance, you may wager $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 may earn.) The prize cash quantity will increase relying on how statistically troublesome it’s so that you can drop a few pounds.
If dropping 10% of your weight – or a six-month problem – is somewhat too large of a dedication to begin, 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 have to be accomplished on video utilizing both their app or importing your personal video to their system. You may self-report on a weekly foundation. There are not any month-to-month necessities, so the way you lose the burden and cheer your self or others on is as much as you. (If you happen to’re pregnant or present process bariatric surgical procedure, you aren’t eligible to take part.)
When you win, you’ll be paid through PayPal or a paper verify after your problem completes and also you request your payout.
My husband joined a 6% problem.
DietBet Breakdown
DietBet hosts two sorts 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 members to consider these challenges as a strategy to drop these previous couple of kilos or get toned for an upcoming occasion. The Transformer video games require you to lose no less than 10% of your weight and concentrate on measured, wholesome weight reduction. Additionally they provide a Maintainer problem for folks to carry regular at their purpose weight, warding off the kilos they’ve misplaced.
There are lots of completely different challenges you may select to affix once you join a DietBet recreation – they’ve completely different buy-in quantities, variety of members, and pot sizes – so you may select one which most accurately fits you. If you happen to 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 during our first challenges. It could have been a one-time provide, however it value $5 and wouldn’t renew after our problem was over.
DietBet has a two-step {photograph} weigh-in course of to verify your weight once you start and end a problem. If you happen to select to change into a DietBet member, you can even 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 recreation members can submit month-to-month weigh-ins to win month-to-month share weight reduction objectives.
How a lot you may win all is determined by 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 recreation earns $325 for profitable every month’s purpose or $175 for simply profitable the ultimate month.
If you happen to win your present recreation, the sum of money you win shall be added to your account as equal factors. You may select to money out by submitting a request for a PayPal cost or a paper verify to be mailed. In contrast to HealthyWage, DietBet will will let you request a refund as much as seven days right into a Kickstarter recreation or as much as 14 days right into a Transformer recreation; 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 wager 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 wager, they’ll forego their charge so that you make your a refund. So even if you happen to don’t make any cash, you’ve nonetheless misplaced weight without cost! Study 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 submit right now, or be part of my publication for a last outcome. Try these success tales whilst you wait:
Our DietBets
Purchase-in: $30
Weight Loss Dedication: 4%
Winnings: $50.10 – After subtracting the $30 wager, that’s $20.10 revenue to those that met their purpose. A 67% return is fairly good!
Please remember winnings shall be completely different for each recreation relying on the variety of members, the scale of the pot, the positioning’s minimize and the way many individuals don’t meet their purpose.
Walgreens Steadiness Rewards
Walgreens has lengthy been pushing their message that they need you to be wholesome, and their Steadiness Rewards for wholesome decisions app actually 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 – however it additionally rewards you for making wholesome decisions in your life.
If you happen to use their Steadiness Rewards app to log data reminiscent of your well being objectives, how a lot you’ve walked (or run or cycled), your train periods, day by day weigh-in, and extra. You may earn factors that you would be able to later convert into financial savings on future Walgreens purchases. It is probably not chilly, laborious money, however is maintaining money in your pockets.
The app now hyperlinks as much as a number of standard health apps and gadgets. They’ll even reward you merely for monitoring your blood strain and blood glucose. Study extra at their program particulars web page.
Last Ideas
This was simply the bounce begin we wanted. I’ve lengthy advised myself, I wanted to lose just a few kilos however I’ve by no means actually dedicated to it. My husband has simply been saying, “Subsequent week…” all yr lengthy. It was scary to have it written in stone, however it was very a lot wanted.
Nevertheless 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 means. Your physique will thanks for consuming appropriately and never pushing your self too laborious! Decrease threat with a healthful weight loss plan and train that matches your expertise degree. Making small adjustments can add as much as large transformations and could possibly be the important thing to profitable these large pots in a weight reduction problem.
I’d additionally suggest checking along with your medical insurance firm for added alternatives.
Have you ever participated in a weight reduction problem earlier than and gained? Share your experiences within the feedback.
Try these exercise motivation apps
Revealed December 2015. Up to date December 2018.