Option A: 12-week 6% Indiviudual challenges Instead, I should invest my money in other bets. If Healthy Wage is temporarily enhancing boost money, it can be quite lucrative to sign up and lock in the boosts.īetting more than minimum stake does not increase the boost, so it makes no financial sense to launch a HealthyWager above minimum stake. In my case, my wife got a $100 boost-normally $40, but they had an Independence Day promotion going on. The ROI for this bet rises from 11.11% to 50.33%.ĥ0 percent isn’t so hot either, but remember that the source of the referral link gets a boost as well. But if I do this and use a $40 boost link that is ALWAYS available, my $11.33 gain goes up to $51.33, and my prize goes up from $113.33 to $153.33. If I do a minimum stake bet of $17/month, $102 total, without a boost my gain will be $11.33 and my prize $114.33. And when you have an 11% ROI, you especially need to do this. You should always sign on for a HealthyWager using a referral link.
#Healthy wager skin
As I like to say (and piss off my mother and sister, clichéd as it is), there is more than one way to skin a cat. I can get a much better one for merely losing 10% in 6 months. Even if I add time to the bet, I am not going to get much financial benefit in exchange for completing a very onerous wager.įortunately, I don’t have to take this ROI. So the return is now improving, but I have to commit to dropping below 180 pounds to get off the ROI floor. I couldn’t even show where the sucker bets start because you have to bet a huge amount to get to where the net gain is capped. If I try 30 pounds for 6 months, the ROI remains at 11.11%.
#Healthy wager trial
I have to do trial and error to determine where that is (I don’t know the regular formula ROI equation yet, only that it’s complex, but it doesn’t matter much in the practical sense because trial and error can tell you all you really need to know to set up a good bet). If the weight pledge is sufficiently raised, the ROI should eventually rise. And so the floor overrides the input-dependent ROI. Usually when you raise the weight pledge, the ROI goes up but right now the input-dependent ROI that the calculator would otherwise provide is lower than the 11% minimum that Healthy Wage will offer for any Healthy Wager. So I’m slammed against an ROI floor of sorts.
The only difference is I can dump another $71/month in on top of the $529/month from the 22 pound bet and pick up another $48 at the end. Same ROI for the trouble of adding 3 pounds to the pledge. Let’s try bumping the weight pledge a bit. Technically, all of these are sucker bets, because there are other ways within Healthy Wage (and DietBet) to get a much better return for similar weight loss. I cannot net over $384 for this bet-but in order to net this value I have to invest well over $3,000. After that, a net gain ceiling of $16 times the pledged weight is imposed-or, $16 * 22 lb = $384. The 11.11% ROI (prize is 10 times the gain) is available at all bet levels from minimum ($17/month) up to $528/month. Here are the bets for 22 pounds in 6 months (the least amount of weight I can bet when starting at 218.6) In my case, the ROI slammed against the 11% floor and it took some effort to lift it off of there. On the Healthy Wage Facebook feed, commenters will ask about the calculator, somebody may answer about the calculator offering between 11% and 300+% ROI.īut when some people try the calculator out-particularly men who are about 25-40 pounds overweight-the calculator offers to pay 50% return or much less.
This post describes what can happen if you set an intermediate HealthyWager goal, meet it, and then try to do another HealthyWager to get to ultimate goal weight: the return offered on the second HealthyWager is way too low to make it worthwhile to do. Jackpot challenges to the rescue when the ROI is in the dirt
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