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Old 04-14-2014, 04:53 PM
 
Location: Texas
44,259 posts, read 64,365,577 times
Reputation: 73932

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Have y'all heard about the diet bet website?

Earn money while you lose weight.

I find the concept intriguing...immediate financial motivation to lose.

Looks like they have paid out quite a bit.

Thoughts?
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Old 04-14-2014, 05:45 PM
 
Location: In a house
13,250 posts, read 42,783,686 times
Reputation: 20198
You don't earn money while you lose weight. You have to pay $25 to enter the game, every single month. If you lose a certain percentage after 6 months, you get to split the pot with everyone else who entered and lost the same percent (or more).

So, if you pay $25, for 6 months, that's $150 -

and you only lose 5% after 6 months - you're out $150.

If you give up before the 6 months is over - you're out however much you put in, with nothing back at the end of 6 months.

You also have to have a scale (digital preferred), a digital camera or smartphone, a full-length mirror or someone to take your picture while you're wearing "airport security attire."

While it's not a scam, it is also not so simple as "we pay you to lose weight." The catch-phrase is "social dieting."
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Old 04-14-2014, 07:33 PM
 
Location: Texas
44,259 posts, read 64,365,577 times
Reputation: 73932
Big duh.
That is why it is called a bet.

Just think it is a cool option to keep you motivated.

And they have 4 week games. The pot for one is over $200k right now.
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Old 04-14-2014, 10:52 PM
 
145 posts, read 186,060 times
Reputation: 96
Wonder how they verify?

Not a bad concept to make money.

Everyone THINKS they can lose weight. So make them put money down on a bet.

A sure money maker if you take the opposite side of it.

All diets fail in the long run.
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Old 04-15-2014, 05:24 AM
 
Location: In a house
13,250 posts, read 42,783,686 times
Reputation: 20198
They verify by having you set up a code word - having a scale and a camera -

When it's weigh-in time, you have to weigh yourself using that code-word and taking a picture of you doing that.

I'd say it's pretty easy to just put a lighter-weight person on the scale and take a picture of *their* feet, starting with them wearing a heavy jacket, winter clothing, ankle-weights hidden under their sweatpants, and holding a couple of 5-pound weights. A month later, have them ditch one of the weights. A month later, they drop the other weight. A month after that, have them ditch the jacket. And so on and so forth.

At the end of the month, voila - proof positive that the person lost >10% of their starting weight, and they get to collect the prize (and split it with their lighter-weight friend).
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