DietBet

What’s DietBet?

DietBet is one in every of several corporations that aim to encourage weight reduction by turning it right into a betting game. In the event you lose a set amount of weight (which varies by the competition) by the bet deadline, you win money.

How it really works

There are multiple ways to play. You’ll be able to create your personal bet; you’ll be able to join a short-term weight-loss bet, which last one month; or you’ll be able to join a long-term weight-loss bet, which last six months or more. You may also take part in a bet that involves simply maintaining your current weight.

And the quantity it’s worthwhile to put as much as take part in a DietBet is fairly modest. Wagers may be anything over $10. And the weight-loss goal may be as little as 4% of your body weight. Nonetheless, longer-term contests have a ten% weight-loss threshold.

Nonetheless, in all cases, you could place a wager — i.e. ante up a set amount of cash — to start. The quantity of the wager relies on the sport.

Weigh-ins

Two days before the sport gets underway, you could do a weigh-in.

Your weigh in will involve taking a full-length photo of yourself on the size. And a close-up of the size, where you’ll also show your “keyword” near the size’s read-out. (Digital scales are encouraged.) You get the keyword from the app immediately before the weigh in. The thought is to cut back the prospect of cheating.

There’s a second weigh-in at the tip of the sport, with the identical rules. You have to submit your weigh-in photos inside a 48-hour period or your lose your right to say any winnings.

In the event you’re involved in a bigger bet — $200 or more — or your weight reduction seems unusual, the location can require a video weigh-in. These require a friend’s help to video you on the size at a distance and shut up, showing your keyword at the tip of the uncut video. Once more, that is to be certain that dieters don’t cheat to say a chunk of the pot.

What’s next?

In the event you join a short-term bet, you just weigh in at the start and the tip. And, should you’ve reached your goal, you’ll collect your winnings. However the winnings are sometimes nothing to brag about since the short-term nature of those bets make it likely that there will probably be a variety of winners. And, because the winners split the pot, you may only get a couple of bucks over what you bet.

“Transformer” contests

The longer-term “Transformer” contests have “optional” monthly check-ins.

Nonetheless, these check-ins are really not optional, if you desire to ensure that you could a minimum of get your a refund.

In the event you don’t participate and hit the monthly weight-loss goals for the check ins, you lose the location’s “no-lose” guarantee. This guarantee says DietBet pays a minimum of the quantity of your bet, should you “won” by losing the requisite amount of weight by the tip of the competition.

Check-ins

The monthly check-ins for Transformer challenges pay prizes to anyone who meets the burden loss threshold for that month/round. Those thresholds:

• Round 1: 3%
• Round 2: 6%
• Round 3: 8%
• Round 4: 9%
• Round 5: 10%
• Round 6: 10%

At the tip of the competition, the cash within the pot is split amongst those that have lost a minimum of 10% of their body weight.

Disqualifying moves

Players may be disqualified for violating a handful of site policies. Specifically

• Engaging in unsportsmanlike behavior, including cheating, harassing or embarrassing other players.
• Lying about your weight
• Failing to submit an initial weigh in in the course of the 14-day weigh-in period
• Failing to submit a final weigh-in, inside the 48-hour contest-end window
• You may also be disqualified should you lose an excessive amount of weight and exceed the location’s “maximum weight reduction thresholds.”

In the event you get disqualified, you lose your bet amount and are prone to be banned from the location.

What’s the utmost weight reduction threshold?

With “Kickstarter” challenges, that last only 4 weeks, participants cannot lose greater than 12% of their initial body weight. In the event you lose greater than that, you’ll get kicked out of the competition. With longer “transformer” challenges, you’re not allowed to lose greater than 30% of your body weight.

Why? The location is aimed toward secure and sustainable weight reduction. So, it tries to discourage drastic weight reduction.

You furthermore mght are disqualified from participating in DietBet contests in case your BMI is below 18.5 for a similar reason.

Fees and commissions

DietBet keeps between 10% and 25% of the quantity wagered as a site fee. The proportion relies on the scale of the pot and the duration of the competition, in addition to the variety of winners. The location also has optional $50 annual membership, which allows members to take part in journaling and extra contests.

Like HealthyWage, DietBet guarantees to waive its fees, to be certain that all winners get back a minimum of as much as they bet. But this guarantee doesn’t account for the annual membership fee, for individuals who selected to purchase into it. And, it doesn’t apply should you don’t do the monthly check-ins during a Transformer challenge.

Recommendations

While this not a standard side hustle, it’s a very good solution to stay motivated should you’re attempting to drop some pounds. From what we will tell, this site has a variety of winners though. (The location brags that 96% of users drop some pounds.)

That’s great for dieters, but not a lot for those hoping to generate income here. The more individuals who win, the more the pot is split and the less likely you’ll money out with far more than you bet.

That said, we like this site lots. You’ll be able to sign up with DietBet here.

We also recommend HeathyWage, if it’s worthwhile to lose 10% or more of your body weight. And a few walking and exercise apps, resembling Evidation and  CashWalk, may be value signing up for as well. They don’t pay much, but a little bit is best than nothing. And getting paid any amount to easily get healthier strikes us as a classic win-win.

What their users say (from Google Play)

Fun app to get connected with people working toward a standard goal. The friendly “competition” really helps sustain the motivation and momentum.

Good motivation. Not due to the money won. However the considered loosing money because I didn’t reach my goal is great motivation

Dietbet is a terrific app to get positive motivation to drop some pounds. Whether you’ve got a little bit or lots to lose it’s great! It holds you accountable. You don’t feel alone in your journey because you’ll be able to post questions or express your feelings on the newsfeed.😊

I’ve used 5 or 6 times. Works everytime!

(from Apple App Store)

I even have used DietBet for 8 years and it has consistently been helpful and motivating in dropping pounds. I value the comunity, those that lead the challenges and the accountability of membership that helps increase the likelihood that I’ll hit my goals. Many games even have mini challenges and games inside them that keep you inspired. It’s also encouraging to listen to frm others and their health journeys. I highly recommend this app and program to support your health and weight reduction journey.

I’ve never been so motivated to drop some pounds. It really kept me accountable and motivated — and I just won my first weight reduction challenge! So easy and user friendly. Highly recommend!

The size and a couple of bucks is powerful! I like the motivation provided in these easy contessts. It keeps me on course to achieve success!

Paltry winnings

This app did help me stay motivated over a 6 month bet. But I used to be unaware that the bet I joined required a $100 monthly subscription fee, so as an alternative of investing $100, I spent $600. That’s okay, I assumed, because I assumed I’d get more cash in the long run. But my winnings were $646.60 — my $600 back, plus $46.60. That was for six months of busting my butt. The kicker is that DietBet took 10-25% of each month’s winnings. My problem is that I assumed I used to be going to win $646 on top of the $600 I put in.

Weigh in confusion

I needed to submit a video weigh-in. It got rejected 3 times. I watched the educational video every time. I emailed support and so they set me directions that were totally different than the educational video on the app. It finally was accepted after I did video #4 and browse the directions verbatim while recording.

3/18/2024