Friday, March 30, 2012

Ever Heard of GymPact?

In the US this week, we reached the highest Mega Millions Lottery Jackpot ever - about $500 million. As of this post, no one has won it yet. But that has caused everyone to start thinking about throwing in their own hat for the lottery. You would think that a bigger win somehow means better odds.

Well, all the hullabaloo about gambling and the lottery got me thinking about gambling with our health. Not in the sense of actually playing with our health, but putting down money on us succeeding with our workouts. 

So in natural fashion, I went looking, and I found a few sites and apps where you can actually bet on yourself. One in particular stood out: GymPact. It is both an app and a website.

How does it work? Well, you start with a Pact. This pact is basically you saying how many times you'll go to the gym in a week. And then you earn money per week if you meet your goal. If you don't meet your goal, you lose money.

While I think this is a great idea, the only part I have not yet been able to figure out is how they verify if you are lying when you say you actually did meet your target. Why would anyone say they didn't go to the gym when money is on the line? Well, maybe folks are just that honest.

I will try it out, and let you guys know if it truly works.

Cheers Eights & Weights!

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