I was googling how to bet on weight loss as I'm really motivated by having set deadlines and not losing money and came across a few websites where everyone puts money in then you have to lose 4% of your body weight in 28 days. The pot then gets divided between everyone who succeeds, it says typically you get 1.5-2x your money back. There are also longer term games where you lose 10% of your weight over six months.
I've entered two games and paid $35 each through PayPal. It all seems to be above board and I've actually stuck to a low carb diet today as I really can't afford to lose the money but I was just wondering if anyone else has done it and is it legit, i.e. Do they pay up without problems if you succeed? There are a few websites offering it (all American I think) but I chose dietbet.