Lose weight the fun way.

Posted on February 16, 2016

I decided to do some math to figure out what sort of money I could make in this 6-month program if everyone who passed round one continued to do so until the end. Please correct me if you read this and I'm wrong, but my math is also very simplified due to the variations in the different rounds and current money projected.

First of all, I will list the steps I took, and the answer should be found at the bottom.

Round 1 - Everyone made a whole $0.35
I took round 1 pot amount of and divided it against players who won.
$60,287.50 / 3,526 = $17.097

I know we didn't get this amount, so I took the known received amount of $12.85 and divided by $17.10 to receive 75.15% which is close to the number I got when I divided players won against players paid. Also, I just looked into DietBet fees and monthly bets below $99 get charged %25 fee.
3526 / 4704 = 74.96%

Next, I took the total pot of round 6 and divided it by the same 3,526 players that gave me the same calculation I did on the first step $327,125 / 3,652 = $92.77

Now, what's 75% of that number? $69.57
This is what I believe we would make in round 6 if 75% of the members accomplish their goal, and we get 75% of the payout.

So my ultimate number that I came up with was by multiplying $12.85 by 5 rounds and adding $69.57 for the 6th for a total of 133.82. But let's not forget that most of us already paid $125 (not including tokens). $8.82 Profit!

Like I said, my math is probably not correct but for right now, I guess I'll just bank on the idea of getting my money back for reaching my goal. This is positively not a get rich quick scheme.

Comment Now!

PDXJael

02/16/2016 2:27PM

There's a dietbetter "amybang" who did stats on a ton of games over the course of a few...months? years? Here's a link. Check out her computations. :) https://www.dietbet.com/community/posts/general/10492-nov-18-transformer-final-resul

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Claire

02/16/2016 2:05PM

Assuming your math is about correct, those who didn't buy tokens are still looking at a 5-7% return (depending on whether they did the up-front cost or the month-to-month), which is 4-6% more than the best CDs out there are offering on a $1000 investment! Definitely not a get rich quick scheme though, I agree!

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Kate L.

02/16/2016 1:35PM

$151.85 was my profit from my transformer I was in that just ended. I did the up front bet, so paid only for 5 months, and I did not win round 5. Round 1 had the lowest payout at $15.59. After round 1 the payouts each month were within about $5 of $30. Not bad considering that was based on a pot that was $12.50 bets (cause remember, only half goes into the pot for the month for the first 5 rounds.)There's definitely some miscalculations in your math, but ultimately the most important thing is you just can't predict accurately how many players will still be playing by the end of the game. Many people drop out before round 6, but half of every months bet goes into that round 6 pot. So those players that drop out, still have left behind money in that pot. Before my round 6 ended, I figured out that even if everyone in round 6 won, after dietbet took their fee, each person would get a payout of $146 for round 6. We started with 174 winners (so more players than that but I can't find a record of how many were playing round one) and by round 6 we had 89 players and 78 of those won round 6.So a transformer really is a long game- you NEED to make it all the wa yto round 6 and win round 6 to make a solid profit. But you are right it's NOT a get rich quick scheme at all. It's a nice investment in yourself, and over time pays out more than most other investments you can make, though :)

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