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Coupon Abbreviations
  • SC = Store Coupon
  • MC = Manufacturer Coupon
  • SS = Smart Source
  • RP = Red Plum
  • PG = Proctor and Gamble
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  • WYB = When You Buy
  • B1G1 = Buy One Get One Free
  • .75/1 = 75 cents off one item
  • .75/3 = 75 cents off three items
  • EXP = Expiration Date

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Get Paid to Lose Weight…

on 3.2.2016 at 8:10pm
5 Comments

This post may contain affiliate links. Read our disclosure here.

dietbet paid to lose weight

I have been introduced to something this week that is kind of a wild idea to me… If you are wanting to lose weight then you can make a little side money as you lose with a site called Dietbet.com.

Having bet in the name made me a little hesitant at first because we don’t really do that, but after reading how they work I love the idea.  As long as you lose 4% of your body weight in the 4 week challenge time, then you win!  Everyone could win, it’s only your own fault if you don’t.

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They guarantee you make back what you pay, but most of the time you’ll also make an extra $10-$20 on top of that as you split the pot with all the other winners.

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This is really a great way to motivate you to not lose the money you put in, and to lose the weight!

dietbet

Want to try it out with me?

I set up a Southern Savers challenge that starts in 2 weeks.  Head over and join the challenge and get ready to lose a little before summer break comes!

Not only will you earn some extra money, you’ll also get accountability and encouragement from everyone in the challenge!  I’ll also be picking random winners for extra prizes like Southern Savers t-shirts.

Tip: If you want to get super motivated you can join up to 3 challenges at the same time and triple dip on the earnings.

    • http://pathsfromathriftysoul.blogspot.com/ RedMelD

      At first I thought it was a great idea, until I read the fine print. I put in $30, which everyone else who signs up will also do. It’s basically an online support group for losing weight (which is cool). Then, when it’s all over and done with, the website takes it’s cut and the rest is divided up between those in the group who met the weight loss goal (those that didn’t meet the goal get nothing). So, if 3 players each put in $30, then at the end the website gets it’s 25% cut, and the 3 players divide the rest. With these numbers, you won’t even break even and get your $30 back if only 1 player succeeds in meeting their weight loss goal. If you have 10 players that invest $30 each, it would require 2 players to fail in able for you to break even on your investment. If 3 players do not meet their weight loss goal, then the remaining 7 players will earn $6 each. Maybe I’m just overly critical, but I don’t like the idea of getting paid only if other people fail. Why would you encourage others if you can only make money if they fail? It’s just not my idea of accountability.

      That said, after years of following SS, this is the first and only time I”ve ever seen anything I didn’t agree with or think was awesome!

      • Mebrr

        They have a if you lose you win guarantee…. so even if everyone wins Dietbet wont take a cut and you get your investment back. I started playing in January and love the motivation.

      • http://www.southernsavers.com/ Jenny

        They have a guarantee that you will always win what you paid in. They wave their fee if everyone wins. scroll down to the win section you’ll see the “no-lose gaurantee” https://www.dietbet.com/kickstarter/how-it-works

    • Mara

      I love DietBet. I started a 6 month Transforner bet back in September and I guess honestly didn’t really expect to change. Well I missed my target goal the second month, and man, that spurred me on. I didn’t want to lose my money! HA so since then, I’ve lost 60lbs. Seriously. My bet was over yesterday and it’s being finalized and o can’t wait to see how much I’ve won. DO IT!!

    • Alice Sabatini

      4% is a lot if you are really overweight. I weigh 279 and have already lost 50 lbs in 7 months — a nice healthy pace. I’d have to lose 11 lbs to win the bet and that is a faster rate than I believe is healthy and to be able to keep it off. I will not be joining but will continue to pursue my goals at a more reasonable pace.