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Old 01-07-2012, 07:19 AM   #1
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Healthy Wage - Gamble on your weight loss, anyone use it?

Heard about this site on the news, healthywage.com, they have a couple of prop bets on losing weight.

You can put up $100 and get even money to lose 10% of your weight in 6 months and/or put up $300 to win $1k if you can go from a BMI above 30 to below 25 within a year.

Anyone have any experience with it? I assume the verification process is probably a pain, but if they actually pay then this should be free money for anyone serious about losing weight.

Ive become a lazy *** lately, but am confident in my ability to lose weight, so will accept free monies.

Also potential for someone to start a staking stable of fat broke degens...

if this is wrong forum plz move mods thx
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Old 01-07-2012, 07:25 AM   #2
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Re: Healthy Wage - Gamble on your weight loss, anyone use it?

oh wow, there is also a monthly team contest where a 5 person team gets $10k ftw, $5k 2nd, $3k 3rd...

"January Matchup: Registration is open! The contest starts on January 27, 2012. The contest ends (and verified weigh-outs must be completed by) April 20, 2012. Maximum weight loss per person in the contest = 16.7% (1.5% per week, compounded downward).
Teams forming now!"

looks like a $60 buy in

can't believe im saying this but PM me if you want to start a team.
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Old 01-07-2012, 07:37 AM   #3
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Re: Healthy Wage - Gamble on your weight loss, anyone use it?

Have you figured out how the site makes money?

If you can't figure that out then don't bother getting involved with them.
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Old 01-07-2012, 07:40 AM   #4
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Re: Healthy Wage - Gamble on your weight loss, anyone use it?

Quote:
Originally Posted by Henry17 View Post
Have you figured out how the site makes money?

If you can't figure that out then don't bother getting involved with them.
from the FAQ on the site-

"How does HealthyWage make money?
HealthyWage makes money from advertising and corporate partnerships. Companies want to be able to advertise their products to people focused on improving their health, and an increasing number of employers are looking for ways to incentivize their employees to get healthy."

but come on, 90% of people who say they are going to lose weight don't, this site is probably cleaning up with new years resolutions.
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Old 01-07-2012, 05:59 PM   #5
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Re: Healthy Wage - Gamble on your weight loss, anyone use it?

Quote:
Originally Posted by HossDaBoss View Post
oh wow, there is also a monthly team contest where a 5 person team gets $10k ftw, $5k 2nd, $3k 3rd...

"January Matchup: Registration is open! The contest starts on January 27, 2012. The contest ends (and verified weigh-outs must be completed by) April 20, 2012. Maximum weight loss per person in the contest = 16.7% (1.5% per week, compounded downward).
Teams forming now!"

looks like a $60 buy in

can't believe im saying this but PM me if you want to start a team.
Im really skinny or I'd join. $60 buying. How much action does this site get?
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Old 01-07-2012, 06:10 PM   #6
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Re: Healthy Wage - Gamble on your weight loss, anyone use it?

i thought this would be about bets people make with each other to lose weight fastest

i know of two sets of people who have made such bets each bet going on 4-6 years now
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Old 01-07-2012, 06:10 PM   #7
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Re: Healthy Wage - Gamble on your weight loss, anyone use it?

Quote:
Originally Posted by HossDaBoss View Post
from the FAQ on the site-

"How does HealthyWage make money?
HealthyWage makes money from advertising and corporate partnerships. Companies want to be able to advertise their products to people focused on improving their health, and an increasing number of employers are looking for ways to incentivize their employees to get healthy."

but come on, 90% of people who say they are going to lose weight don't, this site is probably cleaning up with new years resolutions.
Sites that claim to make all of their money from advertising when they have a small userbase are usually scams ime
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Old 01-08-2012, 10:54 AM   #8
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Re: Healthy Wage - Gamble on your weight loss, anyone use it?

so what's the verification process?
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Old 01-08-2012, 11:53 AM   #9
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Re: Healthy Wage - Gamble on your weight loss, anyone use it?

heh, this is the same concept behind my newlywed betting site idea: http://forumserver.twoplustwo.com/30.../#post30127585
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Old 01-08-2012, 06:18 PM   #10
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Re: Healthy Wage - Gamble on your weight loss, anyone use it?

Quote:
Originally Posted by IcyHotMonkey View Post
so what's the verification process?
this
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Old 01-08-2012, 07:30 PM   #11
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Re: Healthy Wage - Gamble on your weight loss, anyone use it?

I just bet with my non-believing friends when I lost weight, worked out pretty well
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