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A Full HealthyWage Reviews: Is It Legit or Fake?

Is HealthyWage Legit or a Scam? A Full Review

What is HealthyWage?

HealthyWage is a website that allows you to bet money on your ability to lose weight. It works by letting you set up a personal weight loss challenge, where you bet a certain amount of money and then have a set time period to lose the weight. 

HealthyWage Sign Up

If you succeed in hitting your target weight loss goal, you get paid out the amount you bet plus a bonus. If you fail to hit the goal, you lose the money you bet.

So in essence, HealthyWage turns weight loss into a bet. The idea is that by putting up your own money, you'll be more motivated to actually lose the weight. HealthyWage provides the platform to place the bet and verifies your starting and ending weights. HealthyWage has been operating since 2009 and has paid out over $6 million to successful dieters.

HealthyWage Payment Methods

To place a bet on HealthyWage, you need to pay an entry fee using a credit card. This can be done either as a one-time upfront payment or in monthly installments over the duration of your challenge.

The amount you bet can range from $10 to $10,000. The minimum bet is $10 but HealthyWage recommends betting at least $150 for a meaningful challenge. The entry fees are non-refundable regardless of whether you complete your challenge successfully or not. However, if you do win, HealthyWage does not charge any additional fees to withdraw your winnings.

If you win your challenge, HealthyWage pays out your winnings via PayPal or check. There is no minimum payout amount, so you can withdraw your winnings immediately after successfully completing a challenge. Payments are made within 7-14 days after your final verified weigh-in.

HealthyWage Earning Potential

The amount of money you can win on HealthyWage depends on how much you bet and how much weight you pledge to lose. HealthyWage has a prize calculator you can use to estimate potential winnings. In general, you can expect to double your money or more if you hit your goal successfully.

For example, if you bet $150 and pledge to lose 10% of your body weight in 6 months, you could win around $300. If you bet $500 and pledge to lose 20 pounds in 3 months, you might win $1000 or more. The prizes do increase the more weight you pledge to lose and the less time you give yourself to do it.

The maximum amount you can win on any single challenge is $10,000. However, you can run multiple challenges at a time or back to back to increase your potential winnings. Some successful dieters have won over $20,000 on HealthyWage by running several challenges.

HealthyWage Platform

HealthyWage is available as a website and mobile app. You can access all the main features like setting up a challenge, tracking progress, verifying weights, and withdrawing winnings on both platforms. The website provides more details and resources to help you through the weight loss process. But the mobile app makes it easy to upload video weigh-ins and monitor your challenge while on the go.

The mobile app is available for both iOS and Android. The app syncs directly with your HealthyWage account so you can switch between the app and website seamlessly. The app allows you to receive notifications about your challenges and weigh-in reminders to help keep you on track.

How to Join HealthyWage

To get started on HealthyWage, you first need to create an account on the website. You can sign up for free with your email or through Facebook. Creating an account only takes a few minutes and then you can start setting up your first challenge right away.

After signing up, you will walk through the process of setting up your first challenge. This involves entering your starting weight, challenge duration, target weight loss, and amount you want to bet. You will need to verify your starting weight either by uploading a video weigh-in or having a HealthyWage referee verify your weight in person.

Once your challenge is set up and verified, you will make your entry fee payment to activate it. Then it's just a matter of working towards your weight loss goal until the challenge end date. HealthyWage provides resources to help keep you on track like an online community, blog posts, and recipes. But ultimately, you need to stick to a diet and exercise plan that works for you.

At the end of your challenge, you submit your final weigh-in to verify whether you succeeded and get paid if you hit your target. To claim your prize, you just need to weigh-in again at or below your goal weight. HealthyWage will review and verify the final weigh-in before processing your payout.

HealthyWage Review Conclusion - Pros and Cons

Here are the main pros and cons of using HealthyWage for weight loss betting:

Pros

  • Puts your own money at stake for motivation and accountability
  • Can earn large cash prizes for hitting goals which increase the more weight you pledge to lose
  • Easy verification of starting and ending weights through video submissions or in-person weigh-ins
  • Convenient website and mobile app to track challenges and upload weigh-ins
  • Resources and community support to help you achieve your goal

Cons

  • Need to pay non-refundable entry fees upfront before starting a challenge
  • Long challenge durations, often 6-12 months, to earn the largest prizes
  • Potential to lose all the money you bet if you don't achieve your weight loss goal

Summary

HealthyWage provides a unique platform to bet on your own weight loss goals. Putting up your own money adds accountability and extra motivation to lose the weight. The potential to earn large cash prizes is enticing, but you do have to pay entry fees upfront and be committed to the long challenge durations. There is also the risk of losing all the money you bet if you don't hit your goals.

Overall, HealthyWage is legit and can be a worthwhile program for highly motivated people who need extra incentives to lose weight. But the financial risks involved likely won't appeal to everyone. If you go in with realistic expectations, set an achievable weight loss goal, and stay dedicated, HealthyWage can be an effective way to earn money while getting healthy. But as with any weight loss program, success ultimately comes down to you and your commitment to change.

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