$80 Bonus When You Sign Up for HealthyWage
HealthyWage lets you bet that you will lose weight, and if you succeed you win real money. But if you fail, you lose much more than you would win. Swagbucks also offers a $80 bonus when you sign up.
HealthyWage lets you pick the number of pounds you want to lose; the amount of money you want to wager; and the number of months you want to lose weight. The HealthyWager algorithm then offers you a prize amount.
After you place your bet, the prize amount is locked in. To win the prize, you must achieve (or beat) your goal by the end of the last day of your wager. You can get your verified weigh-out any time during the Weigh-Out Window, which is the last two weeks of your challenge, ending on your challenge end date. If you lose the weight earlier, you must maintain the weight loss (or lose additional weight) until your Weigh-Out Window begins. You can lose more than your goal weight and still claim the prize. However, if you do not lose all of the weight selected during your wager, you will not win any prize. The weighing verification is done by submitting a video of yourself on a scale.
I took a quick look, placing a bet to lose 10% of my weight in 6 months. I will have to bet $35 per month for 6 months, in order to get a payout of $228.67 at the end. $210 of that is my own money, so it would be a profit of just $18.67 and some free credit card spend. But you risk losing the $210 if you don’t reach your goal.
If it looks like you’re failing, you have the option to extend your challenge by buying more time. The option will be available on your dashboard until the end date of your challenge. Buying more time will add six months (and six months’ worth of cost) to your HealthyWager. So you will pay even more.
If you want to try it out, Swagbucks also has a bonus. You can earn 8,000 SB (worth $80) after you make a wager of $200 or more! In the example above, you would get a total of $97.67 if you reach your weight goal. But if you fail, you’ll be out of $130.
Offer Terms
SB will appear as Pending for 32 days. Must wager a minimum of $200 to earn SB. SB will be revoked for incomplete or canceled payment. Must be a new HealthyWage member. Must submit valid name, address, credit card and other subscription information to earn SB. Offer may only be redeemed (1) one time per user. This offer is presented to you by Swagbucks on behalf of a third-party merchant or sponsor (“Merchant”). Swagbucks does not endorse (and therefore is not responsible to you for) the Merchant’s views, policies, products or services. Have questions? Please contact the Swagbucks Help Center. If you are not credited within 32 days of offer completion, you have 14 days to contact the Swagbucks Help Center for further investigation. Help Center tickets submitted after the 14 day grace period are not eligible for further investigation and SB.
Guru’s Wrap-up
Has anyone tried this out? Do you plan to?
I think it is a very risky bet. You might end up losing much more than your possible prize. And losing 10% of your weight is not easy at all. But if you are really serious about losing weight and need some extra motivation, then it could be worth it.
DDG
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