If you don’t bet a high amount, the entire system isn’t even worth the hassle. From influencers toting scammy detox teas and pseudoscientific stomach wraps to the tech-tinged bullshit of the Keto diet, diet culture thrives despite all evidence of its failures, to the tune of a $70 billion dollar industry. In fact, most people who take on diets tend to gain more weight afterwards - one study that followed The Biggest Loser contestants six years after their weight loss showed that almost every single participant (save for one) had regained the weight and even stunted their metabolic rate to boot, increasing the likelihood that they would gain more weight. When 95 percent of dieting attempts fail, “weight wagering” looks more like tricking vulnerable people into gambling away their paycheck on a losing bet.įor decades now, study after study has proven that dieting doesn’t work and that diets have a failure rate of 95 percent or more. The problem is that these apps don’t actually help you lose weight over the long run.

The logic is that the pressure added by the financial stake provides accountability for people who need that extra push, and that a support system of fellow dieters can help them get there. These group challenges to win massive pots of $10,000 or more that are split evenly among winners.

You can join on your own but you can also recruit friends, family, or Internet strangers to join you in online group challenges.

Myfitnesspal vs lose it reddit