Hi Margaret, here's a quick overview of how our personal weight loss challenge works. If you have any other questions, please feel free to reach out to our support team at info@healthywage.com. Thanks!

1. Start at the HealthyWage Prize Calculator, where you'll enter how much weight you want to lose (10-150 pounds, minimum 10% of your starting weight), how long you'll take (six to 18 months) and how much you want to bet ($10-$150/month - minimum $100 total over the life of your wager).

Based on that information, the calculator will determine your prize amount, up to $10,000. Your ROI will be anywhere from 11% to a whopping 300+%. Many winners more than double their money.

You can play with the calculator until you get the payout and goal just right, and you'll know your payout amount before officially placing your bet.

2. Sign up and lay down your bet. You agree to pay the monthly amount for the duration of the challenge.

3. Achieve your weight-loss goal, and win your prize!

You'll start and end your challenge with a video-recorded weigh-in to demonstrate your weight loss (it takes about two minutes with HealthyWage's mobile app).

Throughout the challenge, it's recommended that you use HealthyWage to log weekly weigh-ins (these are just self-reported, not verified by video). It's a great way to keep yourself accountable and on track to meeting your goal!

4. If you don't hit your goal, your money goes to HealthyWage, including for prizes to others who achieve their goals.

You can play with the prize calculator, find out more info, and sign up here: https://www.healthywage.com/weight-loss-bet/name-your-own-prize/