I did it! HealthyWage is an app that lets you make a weight loss challenge for yourself. When you first sign up for HealthyWage, you’ll set personalized fitness goals and weight targets.. Then you’ll make a bet on whether or not you can meet those goals. HealthyWage as a concept appealed to Ben Carnes, a schoolteacher and football coach in Westfield, Ind., whose weight had crept up to 370 pounds. Yes. Because you actually control the outcome of the bet, it's not really gambling. Get paid to diet! you can win.
We saw a video on healthywage that made it to good morning America! Is HealthyWage legal? How do I get paid? HealthyWage will not require you to post updates on your progress. Yes. ! You decide how much weight you think you can lose, how much you are willing to bet, and HealthyWage will calculate how much of a prize (up to $10,000!) Please see the Payouts and Points FAQs here. Is HealthyWage legal?
We thought it looked legit, and there seemed to be no bad word of mouth on their program.
According to HealthyWage’s website, the earnings are taxed as 1099 income on the state and federal level because they are technically contest winnings – that means 25 percent of the total must be paid towards federal taxes (if the prize is more than $5,000), leaving you with $3,750 before you even have to deduct state taxes and administrative fees. It's up to you to lose the weight. Please see the Payouts and Points FAQs here. Do a little healthy weight loss gambling on yourself. Can I weigh-out early? HealthyWage allows you to bet on your potential weight loss success.. "I … Is HealthyWage legal?
I tried healthywage, and my husband and I did research on a few different online weight loss bet programs. As mentioned, HealthyWage reviews and verifies your bodyweight at the end of the challenge to see if you hit the mark. The Basics of HealthyWage. Although we use the word “bet” to explain the concept, HealthyWager isn’t gambling in the legal sense because you are in control of the outcome at all times. So you can feel safe participating in this. You have full control over how much you bet as well as whether you win or lose. Can I weigh-out early? To win the agreed prize money, all you need to do is reach your target weight within the designated timeframe. No there are not doing anything illegal. It's up to you to lose the weight. HealthyWage is similar but different. You specify the amount of weight you want to lose, how much time you want to do it in, and how much money you’re willing to put on the line. HealthyWage is actually totally legitimate and legal. Although we use the word “bet” to explain the concept, HealthyWager isn’t gambling in the legal sense because you are in control of the outcome at all times.
I signed up and bet $100/month for 7 months, that I’d lose 65lbs.
How do I get paid? You can pay your healthywage bet all at once or once per month for as long as your challenge last.