People will join in to a weight loss challenge where they bet money they will win. The question remains, can weight loss betting help? Will putting money on the line be a strong enough incentive to reach your weight loss goal?
Some of the major benefits to joining a weight loss betting group or just betting on your own weight loss include the following:
Social Support: Whether you are in a group or joining up individually, you will have the support of other people who are also betting on their weight loss efforts.
Most of the online weight loss betting companies allow you to bet against yourself, join and existing group, or join up as a group. The last one also allows for large corporations to have their own betting pools as well as small business groups.
The social support groups can be a private online forum or facebook groups. You also have access to the customer service support should you have issues with the membership.
Teamwork Benefits: When you are working toward your weight loss goal and trying to win your bet, it is helpful to be able to tap into the support and encouragement of others who are trying to win as well. There are also some forums where people who have already succeeded hangout. They will cheer you on and give you great tips on how to win your bet.
Trying to lose weight by yourself can be very difficult, but when you add a bit of friendly competition and money to the mix, you now have a fun game!
Independent Targets and Goals: You get to set your own goals and how much you can afford to bet on your own weight loss needs. If you are concerned that you may not stick with your diet, having some money to lose might just be the incentive you need.
Only you know your body best. You’ve likely dieted before and know what worked, what didn’t, and what threw a wrench into your efforts. With committing your hard earned cash, you have now added two more incentives to stick with it this time.
By setting your own weight loss target, time target, and how much you are willing to bet, you control the outcome. Some people need more time to lose weight and others can lose it faster. You pick what is achievable and reasonable for you.
Maximize Your Winnings: There are several little tricks you can incorporate into wagering on your weight loss efforts. There are little tweaks you can make to your betting times and amounts to maximize the profits as well as participating in many different challenges that you can enter at once. Why not take advantage of this time period where you are focusing on your health to make some money from it too.
This means you might be able to double or even triple the money you could win. All with just one weight loss event.
Several Challenges to Choose From: There are several types of challenges for you to take part in and profit with. Aside from corporate and business groups, you as an individual can join a premade group for a jackpot challenge too. There are also 5 member teams that you can put together yourself, or join one that is in need of a player. They each have their own set of rules and this goes into more detail on each one.
Accountability: One of the more pressing issues with failed weight loss attempts is the lack of accountability. It can be too easy to start to walk away from your resolution or goal when no one is watching or you have no tangible consequences to quitting.
Using Diet Betting for Accountability
When you put your money on the line you not only have accountability to the other group members (if you joined a group) or just to yourself by losing your initial wager. And you are also walking away from what you could have won if all you did was stick to your weight loss efforts for a few weeks.
For many people who bet on their weight loss and won, this was the accountability they needed to push them to keep going and lose those last few pounds.
Fast Cash Payouts & Winnings: You’ve paid, you’ve played, you’ve won, and now you get to collect. When you win you get to choose whether you want your money sent to you by cheque or by PayPal. Either way the money gets sent out pretty quick after your final verification weigh-in.
Limited Personal Information Required: You are only asked for minimal information anyway like your weight and height. It is kept pretty simple too so you will never need to verify your fat loss using complicated Skinfold caliper measurements.
Secure Website: Cyber security is important and the websites are compliant with “Hypertext Transfer Protocol Secure” which is a security protocol widely implemented in browsers and Web servers. Essentially this means the website is compliant with safety and secure protocols required on the internet today.
Get Started Quickly: It is easy and quick to get started. Once you figure out how much you want to lose and bet
Fun: Competing with yourself and others can be fun. Making a game out of something that can be a very difficult task for many can help to lighten the mood.
Complementary With Other Weight Loss Efforts: You can use a weight loss bet to compliment your other weight loss and fitness programs. If you joined a gym and/or a weight loss program, putting a wager on your success can not only help to bolster your efforts, but also gives you a chance to win back some of the money you laid out to purchase the fitness products.