Betting On Weight Loss
Would a cash incentive make you more likely to stick with your weight loss program? Recent studies suggest that "diet bets" work for many people who haven't been successful at losing weight by other methods. So how exactly does it work? People who enter into the bet lose cash if they don't lose more weight than their competition. Money becomes the big incentive to shed the pounds.
A study in the December issue of the Journal of the American Medical Association found that people who had financial incentives to lose weight were much more successful at dieting than those who did not. Dieters were especially successful when the money was not awarded until the end of the competition. Weekly progress reports and feedback were also a key to keeping participants motivated.
Internet sites that facilitate diet betting have recently seen an increase in traffic. One site requires members to sign contracts related to their goals. Members provide credit card information and are charged weekly if they don't meet those goals. Most participants set goals related to losing weight.
Perhaps you've participated in the annual office pool to lose weight. Winning money and bragging rights can be a great incentive. You're much less likely to reach for the doughnut during the morning meeting if you know your competitors are watching your every move. How's that for peer pressure? Or maybe you've made a bet with your spouse that whoever loses the least amount of weight has to do laundry for a month. Even if the bet isn't financial, it can still be a huge source of motivation.
What do you think? Is money a good motivator for weight loss? Would you be tempted to join a site that charged you money for failing to meet your goals?
A study in the December issue of the Journal of the American Medical Association found that people who had financial incentives to lose weight were much more successful at dieting than those who did not. Dieters were especially successful when the money was not awarded until the end of the competition. Weekly progress reports and feedback were also a key to keeping participants motivated.
Internet sites that facilitate diet betting have recently seen an increase in traffic. One site requires members to sign contracts related to their goals. Members provide credit card information and are charged weekly if they don't meet those goals. Most participants set goals related to losing weight.
Perhaps you've participated in the annual office pool to lose weight. Winning money and bragging rights can be a great incentive. You're much less likely to reach for the doughnut during the morning meeting if you know your competitors are watching your every move. How's that for peer pressure? Or maybe you've made a bet with your spouse that whoever loses the least amount of weight has to do laundry for a month. Even if the bet isn't financial, it can still be a huge source of motivation.
What do you think? Is money a good motivator for weight loss? Would you be tempted to join a site that charged you money for failing to meet your goals?
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Comments
So far it is working great for me because I intentionally chose a friend that I dont want to lose to. There is always competition between us since high school and so I am much better at staying my calorie range and working out a few minutes whenever I think about her beating me and her bragging and taking my money at the end of the 19week challenge.
It is certainly something that depends on the person. I chose a friend I couldn't bear to lose to. I had a challenge between me and my boyfriend for an ipod nano and it didn't motivate as much. I know he is going to love me whatever the weight so he isn't going to push or motivate me the same. But the thought that my friend will be wearing the sexy bikini looking fabulous while I am hiding in a one piece come summer time. . . can't bear it. I am currently at my lowest weight since having my daughter 2 years ago and hoping to leave the 200's by saturday. - 3/9/2010 10:05:50 PM
One of my coworkers who has had numerous health problems is finally losing weight again because of this project. If there weren't money involved I'm sure he wouldn't be doing it. I'm as proud of us getting him to lose weight as I am of my own losses!
Also, several other people have started coming just to weigh themselves but not participate in the penny ante aspect. So what started as a way for me to get my colleagues involved in my goals has turned into an ad-hoc wellness program! - 6/30/2009 10:54:33 AM
I've tried multiple times to lose the weight, but this was just the thing that got me started this time. This time I'm doing it the "right" way and not trying some non-realistic fad. This time is the last time. - 3/4/2009 1:17:55 PM
if anything it is an anti-motivator
I tend to do worse when I am in something with others or against others.
weird - 2/25/2009 7:25:35 AM
I mean, look at all the silly forums of people who just post anything so they can get more points (motivated by greed).
We all know that high fat diets are bad, but we eat fatty food anyway, because it tastes good (not motivated by the fear of a heart attack). - 2/24/2009 9:00:48 PM
I am not using any fad diets. I am doing the right thing by cutting my calories and exercising. The money helps me stay motivated and on track. It works. I have never lost so much weight in my life. When the 52 weeks are up, I am going to do the program again to maintain the weight. This is a life long journey. - 2/24/2009 11:48:30 AM
yours in healthy choices,
nancy
- 2/23/2009 9:04:27 AM
7.5kg down, 2.5kg to go... - 2/23/2009 4:14:14 AM
I don't think I'm motivated by money. I'm motivated by how my clothes fit and how I feel. - 2/22/2009 8:56:13 PM
Now, thanks to SparkPeople, I'm experiencing weight loss through a lifestyle change! And the weight is staying off!!! - 2/22/2009 7:11:22 PM
I believe in doing it for yourself, and for no one -- or nothing -- else. - 2/22/2009 11:00:49 AM
From what I have seen on Sparkpeople there are a lot of people that "bet" on weight loss. How many people give themselves rewards when they meet a milestone. I see that as a bet, you are betting you can make it to that mile stone and then you get your winnings for accomplishing it.
For me I will keep the bets going because I still have more pounds to lose. - 2/22/2009 10:37:43 AM
For some it might turn it into doing it for the money instead of getting healthier. What are the odds the winner would resort back to their old habits after the contest was over? - 2/22/2009 9:27:56 AM
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