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What if you could get paid to lose weight? Getting some extra cash in your pocket could be a great weight-loss motivator?
Losing weight may not seem fun to many, especially if you’re not feeling motivated enough to shed those extra pounds but there are interesting ways to help you stay on track while losing weight.
For instance, there are sites that will let you put a wager on a weight goal you set yourself and pay you when you reach that goal.
I’ll share three smartphone apps that can help you earn extra money once you reach your ideal weight losing goal. Read on to learn how to lose weight and earn money while doing it!
DietBet offers two ways to earn money while losing weight. The first is the Kickstarter DietBet where you can compete to lose 4% of your starting weight in 28 days.
If you reach that goal, you will be able to split the pot with other winners. Keep in mind DietBet takes a fee ranging from 10-25% from the pot. On average, the bet amount is $30.
The second is the Transformer DietBet, where you compete to lose 10% of your starting weight in six months. If you succeed, you will be able to split the pot with other winners.
According to DietBet, winners earn $325 if they win all 6 rounds or $175 if they win round 6 on average. The cost of this bet is $25/month or $125 paid upfront.
DietBet guarantees you will never lose money if you win your bet, meaning everyone will win a share of the pot once you all reach your goal-losing weight. According to DietBet, most winners make 1.5 to 2 times their bet amount in total.
DietBet has paid out over 18 million dollars to participants who have reached their goal. According to DietBet, over 90% of DietBetters lose weight and earn extra money. Some have earned upwards of $1,000. The money pot grows as more users join. Join DietBet here.
StepBet is a great way to get paid to lose weight and achieve your fitness goals. This smartphone app is available to both iOs and Android users. All you need to do is connect your fitness tracker to the StepBet app and it will start to monitor your progress.
The StepBet program is personalized to you through your historical tracker data and once you place a wager on yourself, the app will set up Active goals and Power goals that you will need to reach each week.
You’re a winner once you hit those weekly target goals.
With StepBet, you get that extra monetary push to achieve your exercise goals. You start by setting weekly commitment goals but first of all everyone starts with a warm-up week to become familiar with game play.
Payment is made through a points system which can easily be converted to a PayPal payout or you could use your points to place another wager on yourself.
It must be noted that StepBet keeps 15% of the pot for non-member games but you can also join the full membership StepBet games that allows you to keep 100% of the winnings.
HealthyWage is one of the best get paid to lose weight programs out there. You can participate and win cash prizes for reaching your goal weight.
With HealthyWage, you decide how much you want to lose, how much you want to bet per month, and how long you want to take to achieve your goal. HealthyWage will tell you what prize you will win if you succeed.
For example, if you would like to lose 20 pounds over a 6 month period, and you wager $20 per month, you will have to pay $120 total. If you lose the weight, you will get your wager amounts back plus your winnings.
Depending on how difficult your set goal is you will be offered different amounts for your winnings. If you do not reach your goal, you lose $120.
The higher your goal and the larger your bet is, the bigger the payout reward. HealthyWage offers the biggest ROI (return on investment) but out of all three apps requires the biggest investment too. So you really need to be sure that you can commit to reaching your ultimate weight loss goal.
You can choose to pay your entire bet amount at once or once per month for the duration of your bet.
If you lose the weight, they will pay you your wager amounts back plus your winnings at the end of the challenge. Your prize will depend on how much you wager and on your personal data.
HealthyWage pays you promptly via check or PayPal. Join HealthyWage here.
Final Thoughts on Earning Cash to Lose Weight
If you want to get paid to shed those extra pounds, these three companies can help motivate you to make some money off your own weight loss.
Why not give one of these smartphone apps a try and see if you can lose those few extra pounds. You could end up gaining some extra money in your purse if you achieve your weight loss goal!
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