Determined to slim down, Calvin Gardner opted to put his money where his mouth was: He bet $300 that he could drop 50 pounds in six months.
It was a gamble, but the odds were good. If he succeeded, he’d more than triple his money. The only downside: he’d lose his cash if he didn’t lose the weight.
The unusual betting scheme Gardner chose is offered by the HealthyWage company, which essentially has become a bookmaker for the fat and flabby. Of course, like any good odds maker, the company seems to come out in the black.