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Money Used to Motivate Weight Loss

It is no surprise that money is a bigger motivation for many than their own health. It’s why the cost of fresh foods becomes an excuse why we don’t choose healthier foods. It is also why some people finally quit smoking when taxes are increased. There is even a prize for weight loss, like on the Biggest Loser (both for the finalists and the at-home winner).

Since the first season of the Biggest Loser, employees have gathered together to lose weight together, creating a pot for the participant that loses the weight. StickK is an online community that allows users to create commitment contracts for themselves and wager their own financial incentive. If they do not keep to the plan to which they committed, the money they wagered is given to a person or charity – often one to which they would not generally donate, what stickK calls “anti-charities.”


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Bet Dieting with Lose It or Lose It

There’s nothing like a little peer pressure to help you lose weight and get into shape. I remember that I was in the best shape of my life when I had a workout partner at the gym in my 20s. Now that I’m approaching 40 with two children under four-years old, the exercise is a bit more of a challenge to squeeze into my lifestyle.

There’s another bit of pressure that may help you attain your weight loss goals: losing money! The phenomenon known as “bet dieting” is apparently still going strong. Last year, we spotlighted a site known as StickK that uses gambling as a way to keep people motivated to lose weight. You put up money, and if you hit your weight loss goal, you retain your cash. If you lose it, you can even attach it to a charity that you disagree with, making the incentive even higher. These are generally right or left wing political initiatives. If you aren’t politically inclined, the motive of keeping your money is probably still enough

The latest entry into the weight loss betting sites is Lose It or Lose It. The domain name pretty much says it all. You cough up the cash if you don’t reach your goal. But unlike StickK (whose slogan is “Put a contract out on yourself,” by the way), the cash stays with Lose It or Lose It.
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Casting Call for New Weight Loss Show, 100 Lost

clapperboardIf you dream about being a contestant on a reality weight loss show, but have no idea how all of those lucky folks get plucked from the middle of America to land a diet journey of their dreams, today might just be the first day of your weight loss success story.

100 Lost is a new weight loss reality show that is currently looking for teams of two eager individuals who are willing to compete in a competition to lose 100 pounds together with the help of expert health professionals and fitness experts.

“Teams will have a chance to bet their own money, banking on their ability to lose the pounds,” says a press release, taking part of the bet dieting phenomenon.
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How Much are You Willing to Risk to Lose Weight?

black jack cardsWhen playing blackjack are you more likely to bet on the cards you can see or the house hand which you cannot? It may feel like gambling to attempt a lifestyle change, diet, or fitness program. The “reward” is not guaranteed but you will have to ante up something whether it is mental energy, hours of sleep, a favorite television show, your favorite foods, or a preferred beverage.

I was not as consistent as I was instructed to be with my physical therapy routine after my last surgery, probably because it had been more than two years since the original injury. I no longer remembered what it was like to have a pain-free joint, thus I had difficulty visualizing the goal I was trying to achieve. I suppose a part of me did not believe it was possible. As an entrepreneur it was easy to dedicate my time to so many other tasks.
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Bet Dieting Helps Dieters Lose Weight or Lose Money

bet dietingWhen you overeat and don’t exercise, you are gambling with your health. Now, you can quite literally gamble on your health, with the help of a dieting website.

It’s referred to as “bet dieting,” where participants lay a wager on a specific amount of pounds they want to lose. If they don’t make their goal, they lose their money. Presumably, if you win, the reward is your weight loss. All weight loss has to be verified by a referee.

The founders of the StickK bet dieting website claim an effective way to encourage people to lose weight is to get them to nominate a charity whose views they disagree with to receive money if they fail.
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