We want to reward our players as much as possible for accomplishing the super impressive task of achieving their weight loss goals. But we also need to keep the lights on over here at WayBetter HQ. Our fee is used to pay for transaction costs, Referees, our full-time team, and other company expenses.
DietBet’s fee is 10-25% of the total pledged, depending on the amount of the initial pledge. Because this is taken out of the total pledged before winners receive their earnings, players who do not meet the game’s goal (i.e., do not win) don’t incur any fees.