Frequently Asked Questions

HealthyWager FAQ

HealthyWager lets you make a personal weight loss wager, and provides fun, powerful motivation.  Pick your weight loss goal and wager, and enter your stats.  Then, the Prize Calculator gives you a prize offer.  You can play with the calculator all you like without commitment.  When you've found the right goal and prize combination, make the bet and get started. There is no catch -- if you lose the weight, you win the money. We pay you promptly via check or Paypal. We have paid out hundreds of thousands of dollars to winners in our challenges. We provide fun and accountability; you provide the effort!  If you lose, your money goes to support HealthyWage, including prizes for people who win.  The only question is:  will you be among the winners?

Have questions not answered here? Contact us:
email: info@healthywage.com
phone: 1-888-636-3832 

Why should I make a HealthyWager?

Because it can make you more successful at losing weight—regardless of which diet or exercise program you are pursuing. A variety of recent academic research demonstrates that financial incentives triple the effectiveness of weight loss programs. HealthyWager applies those academic principles to make you more successful at weight loss. HealthyWager helps you establish a clear goal that has a significant positive impact on your health. HealthyWager also helps you establish a clear timeline to achieve that goal.  Sign up now!

How does it work?

HealthyWager allows you to place a "bet" on your weight loss.  At registration, you lay down your bet (you can pay all at once or once per month for the duration of your challenge).  We pay your prize if you have achieved and maintained your goal at the end of the challenge.  You have both your starting and ending weight verified using our verification system.  Sign up now!

What is the most I can win?

The top prize offer is $10,000!  Your prize offers will depend on how much you are thinking about wagering and on your personal data (e.g., your current weight).  We give bigger prize offers to people who statistically have a harder time losing weight.  There is no reason not to try the Prize Calculator (no commitment required) to see what kinds of prize offers you can get.  Once you make your bet, your prize amount is guaranteed -- it will not change.

How is the final prize calculated?

The calculator uses a proprietary algorithm that takes several factors into account, including your weight, your BMI, the amount you bet, the amount of time you want to lose the weight, the time of year you make your bet, and so on. We constantly fine tune the algorithm so there is no guarantee that two people with similar stats will have a similar payout.  Once you make your bet, your prize amount is guaranteed -- it will not change.

The page shows me a prize range; how do I calculate my exact prize?

Enter how much weight you want to lose, how much you are willing to wager, and the time frame for your weight loss, and then click the button to provide your specifics, such as height and weight, to complete the calculation and see your final prize amount.

What if the weight I enter in my calculation is different than my actual verified weight when I start?

Sometimes, the weight people enter when playing with the prize calculator ends up being a little different than their weight at their verified weigh-in.  Don't panic; this is common -- many people don't know exactly what their weight is.  However, if your weight is off by more than a few pounds, you might hear from one of our friendly referees who will help sort out what your official weight is.

Can I participate in more than one challenge at the same time?

Absolutely. You can participate in up to 10 challenges at the same time! So double-up, even triple-up to maximize your winnings for the same weight loss! For example, you can make a HealthyWager individual weight loss bet and join HealthyWage team challenges, HealthyWage step challenges and HealthyWage jackpot challenges, all at the same time.  The one exception is that you can't have two simultaneous HealthyWager individual weight loss bets -- you can only have one HealthyWager individual weight loss bet at a time.

What is the "Yo-Yo Rule"?

This rule applies only if, prior to starting your HealthyWager, you won a prize of $500 or more in any single HealthyWage challenge (including a previous winning HealthyWager). In that case, you must start your HealthyWager at or below the weight that you ended the last challenge in which you won a prize of $500 or more. If you start your HealthyWager at a higher weight, your starting weight will later be adjusted downward to the ending weight of the last challenge in which you won a prize of at least $500. We have this rule to avoid encouraging repeat weight loss and to allow more people to take advantage of the program.

Example: Nancy won $2,000 in the team challenge with an ending weight of 200 pounds. Then Nancy gained 20 pounds and started a HealthyWager with a starting weight of 220. Her starting weight for the HealthyWager will be adjusted downward to 200 pounds because she can't start a HealthyWager with a weight that is higher than her ending weight in any challenge in which she earned $500 or more. If her HealthyWager goal was to lose 30 pounds, she will need to weigh 170 in order to win (not 190).

Boost your prize by referring your friends and family!

For a limited time, each friend you refer will receive a $40 HealthyWager prize boost, and you'll get an $80 prize boost for each referral after the first one. Holy cow! That means if you blast 500 Facebook friends and 50 sign up for a HealthyWager, your HealthyWager prize will increase by $3,920 (added to your existing prize amount). The $80 prize booster is limited to the first 60 days of your HealthyWager, so start referring right away!

Do I need to have my weight verified?

Yes—twice: once at the beginning of the challenge (anytime on or after the start date) and once at the end (within two weeks before, or on, the end date).

NOTE - Final weigh-in verifications must be measured by 11:50 PM PT on the last day of your challenge.

How do I get my weight verified?

It's super easy -- you have two options:  

  1. Download our mobile app (after you register) and follow the simple, on-screen instructions to let one of our referees remotely witness your weigh-in [takes about two minutes];
    OR
  2. Make a short weigh-in video that you upload securely to our website.  

You don't need any special equipment for either method other than a smartphone and a scale.

Is there anything else I have to do to win the money?

Nope.  You just need to achieve your goal in the timeframe you set up.  Your challenge starts when you get your verified weigh-in.  Then, at the end of the challenge, you need do get your verified weigh-out during the two week window before and including your end date.  It's as simple as that.

How do I know HealthyWager is legitimate?

Despite years in business and rafts of press stories and reviews, we still sometimes get this question. If you have any doubts, we recommend that you take a look at the mountain of evidence we've compiled that HealthyWage is legitimate, including hundreds of articles from credible sources (e.g., CNN, The New York Times, The Wall Street Journal) -- many of the news stories contain testimonials from actual participants that reporters spoke with. We have an A+ rating with the Better Business Bureau, and you can see proof on the Internet that we have been around for a long time (since 2009). There comes a point when we can't do much more to prove that this is for real -- maybe you are just looking for an excuse to avoid getting started?!

Can I participate if I am located outside of the U.S?

HealthyWage is available to residents of the United States, United Kingdom, Canada, Mexico & throughout Latin America, Australia, and most of Europe and Asia. If you are participating through an employer, such as Halliburton, you are generally allowed to participate regardless of your location in the world. Unless you are participating through your employer, you may not participate if you are a resident of North Korea, Iran, Syria, Iraq, Saudi Arabia, Burma, Yemen, Afghanistan, Libya, Sudan and others.

How do I know my payment information is secure?

HealthyWage is committed to protecting the security of your personal information, including payment information. We use a variety of security technologies and procedures to help protect your personal information from unauthorized access, use, and disclosure. For example, all participant data is collected and transmitted over secured connections using 256-bit encryption. All pages on the HealthyWage website are served over TLS. All payment data is handled following rigorous Payment Card Industry (PCI) standards set by VISA, MasterCard, and American Express. We process payments via a highly reputable third-party payment processor and never store your sensitive payment information on our own system.

When will my next payment installment occur?

If you selected to pay in installments (as opposed to one single payment), your account will be charged every 30 days. Please note payments are processed exactly 30 days apart and will not occur on the same date of each month.

Is HealthyWage legal?

Yes. Although we use the word “bet” to explain the concept, HealthyWager isn’t gambling in the legal sense because you are in control of the outcome at all times. It's up to you to lose the weight.

How and when do I get paid?

HealthyWage pays you via check or Paypal (your choice).  You get paid in as little as 12 hours after you win, but the review process can take longer (occasionally more than a week if our referees determine your case requires additional investigation).

Can I weigh-out early?

You can conduct your ending verified weigh-in any time during the final two weeks of your challenge (the last day of your challenge is the last day you can conduct your ending verified weigh-in).

How do I pay for the challenge?

You can pay with a credit or debit card. You will choose how much you want to "wager" each month. You can choose to pay the entire amount up front (when you sign-up), or to pay each month (we'll automatically charge your card equal installments every 30 days for the duration of your challenge). If you pay in installments, the first month is due during sign-up.

Do I have to hit any monthly weight loss milestones?

No.  Even if you choose to pay your wager in monthly installments (rather than all at once), your goal is the same:  hit (or beat) your weight loss goal as of the end of your challenge (you can weigh out anytime during the last two weeks of your challenge).  There is no monthly weigh-in (other than the non-verified weigh-ins that you can optionally do on the app to keep track of your fantastic progress!).

Can I participate if I am pregnant?

No. But you can sign up after you’ve had your baby, if your doctor says it's okay.

What if I get pregnant after I sign up?

Your challenge is suspended the minute you think you might be pregnant -- just let us know. You have 30 days after that to supply proof of pregnancy from your clinic/doctor. You have 90 days after the end of your pregnancy to resume your challenge(s), unless your doctor advises different timing.  Although your challenge is suspended until your pregnancy is over, your payments are not, and must be paid on time according to the agreed schedule.

Can I participate if I am planning to have bariatric surgery?

No. If your weight loss occurs as the result of surgical intervention of any kind, including liposuction, you will not be eligible for any prize.  You may participate if your surgery was more than 1 year before your start date.  Please note that HealthyWage does not take a position on whether surgery is a good idea for any particular patient—that’s between you and your doctor.

Can I participate if I am on weight loss pills?

Only with advanced doctor approval.

Are my winnings taxed?

HealthyWage does not withhold any of the winnings for taxes. The IRS has set a $600 threshold for reporting of contest prizes/winnings. We will request your tax information only if you win a prize greater than the IRS threshold. If your net proceeds are less than the IRS threshold, we will not collect your tax information. You should, of course, ask your tax advisor for advice as to whether your specific winnings are taxable (we make no representations).

Can I get a refund?

Part of our job is to prevent you from giving up, so you can't quit -- there are absolutely no cancellations or refunds. HealthyWage will suspend your challenge if you are pregnant.

 

(Updated March 13, 2017)

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