The 4-Hour Body Million-Pound March (and $1,000,000 Pot)

October 24, 2012
by Tim Ferriss

When you diet alone, nobody's holding your feet to the fire. There's nothing stopping you from saying, "I'll do it next month." But when you compete with others, especially with money on the line, it focuses you on a goal like nothing else. It's strict accountability wrapped in a game. Read the full article.

Social Dieting

September 10, 2012
by Katie McGee

The Couch
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BET YOUR BOTTOM

August 27, 2012

Starting a diet can feel about as enjoyable as enduring a root canal. But now there's a service that seeks to turn the process into a good-natured game, replete with rules, winners and cash prizes. Essentially a tech-savvy version of the age-old weight-loss competition (or, you know, The Biggest Loser), the new website DietBet facilitates one-month "games" between friends to see who can drop the most excess baggage. It's up to the organizer of each competition to invite participants and determine how much money is at stake; you can bet nothing, though recent studies show that money might be the most persuasive motivator. Once everybody is ready to go, contestants enter a starting weight (don't worry, the actual number is hidden from your pals) along with a telling "before" picture. At the end of the four-week period, dieters submit their final "after" shots and weigh-in numbers (to be reviewed by DietBet employees to weed out cheaters), and anyone who has lost at least 4 percent of their body weight wins or splits the pot. DietBet discourages dangerous behavior by disqualifying people who lose more than triple their goal, and of course a general air of sportsmanship is expected. After all, nobody likes a sore loser. Read the full article.

Fit Fight: Challenge Friends to Lose Weight with DietBet

June 26, 2012

The idea is called The Fun Theory and it's what inspired the creation of DietBet, a site that turns losing weight into a game amongst friends. Participants ante up via PayPal or credit card. After the initial weigh-in, competitors have 28 days to reach their target weight. The winner gets the pot; if multiple players succeed, the pot is split amongst them. The official rules keep players honest and safe (you can be disqualified for losing too much weight). And while the game is afoot, you can talk smack, devise a strategy, and add photographic evidence to prove your dominance. At the end, you'll have lost weight and had fun doing it — not just in theory. Read the full article.

Wagering on Weight Loss: Diet Bet Websites

May 29, 2012
by Lynn Langway

Blogger Amy Oztan decided it was time to kick her diet into higher gear. She turned to dietbet.com, a new website that lets you wager on future weight loss. Although she'd previously managed to shed 18 lbs. on her own, Oztan figured that she'd be spurred on by the combined threat of online humiliation if she failed, plus the thrill of prize money if she succeeded. Read the full article.