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The primary competition for HealthyWage is the similarly-named DietBet app. Be careful when using these apps and never go beyond your means. Failing to meet the goal in the allotted time will cause the user to lose their initial bet. The app is essentially using customers as a source of income by assuming they’ll overestimate themselves and fail. Losing weight is difficult, and apps such as HealthyWage can come off as predatory for this reason. However, this doesn’t mean that there isn't a great potential for loss.
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However, it’s not gambling, due to the user having full control of the outcome, and therefore not illegal. Risksīecause of the nature of the app, the process can be likened to gambling. If the user successfully loses their target weight, they receive their initial bet back, or more if they go beyond their goal. Users wager on losing a certain amount of weight within a specified amount of time. Users first download the app and input their height and weight, they then verify their identity and size with video verification.Īfter verifying identity and current weight, users begin by wagering on their progress. These systems are designed to encourage and reward the user for losing weight, either on their own or as part of a team. HealthyWage’s primary features are the wagering system, video verification, and team challenges.
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