DietBet

I've done several DietBets over the last few years and have everything found them hugely motivating. You don't have to pay the $5 for a membership fee, just remove it from your cart. If you want the highest payout, stick to games in the $30-35 range with the most players. Games that cost a lot to bet ($100+) have lots of winners because no one wants to lose that money, and the more people who win, the less money there is to split. Join the larger games that have over 1000 participants, and you'll lose some weight and make some money. You're not going to be making hundreds of dollars though...be realistic. The goal here is motivating yourself to be healthy, not making money. On average I've made an extra $20 or so in addition to my initial bet. If you're just looking for a way to make cash, this isn't it. It's about weight loss and health.

Bottom Line: Yes, I would recommend this to a friend

Hi. I tried DietBet a few times and won a few and lost the recent ones. I had a good experience with them. As for admin fee, you don’t need to pay the $5 membership fee, it’s not mandatory and you can just pay the game fee. You can deselect the $5 fee, and it doesn’t go toward the bet. The main thing is that even if you lose the money, you’ve tried and should have also lost some weight. Win-win.

I have won between $5-15 per a game on top of what I put in. If you wanted the great bang for the buck, I would bet on ones that are between $30-35 as they have winner and losers. The ones with a higher entry can attract a lot of people but tend to have more winners as no one wants to lose $100.

I have organized a game that starts April 3. It’s called the Easter classic. In addition to the winning, there are additional prizes to be won. The more player there are the more prizes there will be. So come join me.

Bottom Line: Yes, I would recommend this to a friend

I had to pay a $35.00 bet plus a $5.00 administrative fee to start playing. I lost my required weight and won back a whopping $38.18. I PAID THEM to play!

This is a money making scam. I guess it's an okay system for those that want to pay for accountability and access to a support group, but they market the system as if you actually have a chance to make some money from your efforts and that is NOT the case. The only ones really making any money is DietBet and the game sponsors. On top of the $5 they get from the hundreds of thousands of players, they also get like 25% of each pot, which is a ridiculous amount of money for what the game offers.

I signed up for a second game a week after my first. At this point, I just hope I break even and get back every dollar I paid so I can be done with them. There are plenty of support systems out there that are free and offer plenty more. Look for one that doesn't want to make money off of you.

Bottom Line: No, I would not recommend this to a friend

I canceled registration via email within the 7-day cancellation period. According to DietBet’s policy, bets are fully refunded as long as you cancel within 7 days. I canceled after 4 days, after encountering a pretty serious technical bug on their website.

DietBet customer service emailed back acknowledging my cancellation request and said they’d issue me a refund. They never issued the refund, and never responded to my last reply. When I contacted them inquiring about the status of the refund, they claimed they didn’t have a record of it. Even after I forwarded them the entire email thread promising the refund, plus screenshots, nothing.

It’s a total scam! A dishonest company that doesn’t honor their own policies.

Bottom Line: No, I would not recommend this to a friend

I was hesitant to start DietBet, but their site gave me some comfort in that they had a "no loss guarantee." This guarantee ensured you'd at least get your initial investment back if you won the DietBet.

One of the DietBets I signed up for was for charity, and I was happy to support a good cause. After all was said and done, I won, and the amount I won was less than what I paid. Here I am thinking, "I won, why did I not get at least my initial investment back?" Their "no loss guarantee" ensured that.

So I contacted customer support and chatted with them. They brushed it off saying that some money went to charity. I pointed out that even with the amount that went to charity, there was still enough money for everyone who played to get their money back. And according to the "no loss guarantee," DietBet was supposed to take less of a cut so that everyone was ensured they get their money back. They went to such lengths as to change their website to include an addendum to the "no loss guarantee" that prevented charity events from benefiting from this. They then sent me a link to it in their response to the new updated part of their site which wasn't there hours before, but they tried to pretend that the wording that negated charity events was always there. They did all this just to save a very small amount of money!

Such terrible customer service and shady behavior! They can't even stand behind their own policy, probably because they've never had to use the policy until now. At any rate, it's just a terrible company, and I will never use their service again, and I suggest you don't either.

Bottom Line: No, I would not recommend this to a friend

I am playing my 10th DietBet and won my previous money back and profit! I am not playing to win money; I am playing to get healthy and lose weight! I lost 35 lbs in three months, and have 15 to go! The players on the site all have a common goal and encourage everyone to lose weight and be a winner!

Bottom Line: Yes, I would recommend this to a friend

Too much of the money is going towards the fees. I placed a $100 bet and the payout was $100.44, I came up 44 cents. I did manage to lose my weight, but after I finish my next diet bet, I will definitely not be joining another one. I played in a previous game where the fee was $35, and I won an extra $15. The concept is good, just not crazy about the execution.

Bottom Line: No, I would not recommend this to a friend

I participated in a $150 "main event." After a few weeks, roughly 18% of people in the game did not meet the goal. This lead to a final payout of $150 for a net profit of $0.

DietBet advertisements showcase the amount people that "win" on their site. Based on their definition I "won" $150 from my $150-bet being returned. I would not be surprised if their "10-25% fee" goes mostly towards marketing, evidenced by their frequent giveaways during the events for people who invite others to the site.

From a business standpoint, it is an admirable model. The company risks nothing, takes a large chunk from the gross of games, and keeps the consumer's money in limbo the entire time. The cheerful message of weight loss hides the telltale signs of a pyramid scheme, the company markets the possibility of big paydays to continue inflating the client base with gullible users. A quick glance at the payouts from past games this year shows that the margins are getting smaller and smaller, in some cases non-existent, for winning players despite the number of participants staying the same.

Bottom line: DietBet is not going to last as a company because they are milking their customers for as much as they can get away with. Stay away and motivate yourself to lose weight.

Bottom Line: No, I would not recommend this to a friend

Don't have illusions of winning much money like they present it as. I won three bets with $170 of my money. I walked away with $11 in winnings.

Yes, I lost weight (which is good) but didn't win like they promote.

Bottom Line: No, I would not recommend this to a friend

I have played about four 6-month games and a couple of one-month games. I have won some, and I have lost some. I have seen some people complain that they were taken for their money, but I think it boils down to understanding the rules.

There are verified weigh-ins and you can also submit unverified weigh-ins. In order to win, you HAVE to have verified (including two pictures) weigh-in submitted to them AND verified by them within a 48-hour window. It's up to the players to make sure they are done properly within the allotted time frame (which is announce an entire month ahead of time). The percentage of winners is usually around 50% in the games I've played, so I win back 1.5 times the money I put in after DietBet's cut.

My player number 408843 if anyone wants to verify that I am a legit player.

Bottom Line: Yes, I would recommend this to a friend

I played a $50 bet this January, lost the weight and showed the proof.

I have an email saying that they had my final weight recorded and the app had me marked me as losing 100% of what I needed to lose.

They marked me as losing and still took my money. It's harder than it should be to find how to contact them about it.

Overall, I'm pretty angry at the shady behavior. Don't bother. Just leave the money in a place out of sight and reward yourself with it should you hit your goal, and keep the middle man out of it.

Bottom Line: No, I would not recommend this to a friend