What is wrong with GymPact.
I love the idea of this service. I bet money that I will perform a given number of workouts each week, I get paid from the pool of sloths if I hit the mark.
Simple and effective, I definitely did a few workouts when I otherwise might not have.
But here is the issue: the default is $5 for 3 times a week. So betting $15 which is a return of between $1-2. Fair enough I guess, not sure what Gympact’s numbers are like but let’s assume they are returning most of the betting pool and keeping operating costs down.
So if I increase my bet to $10 for 3 times in a week my reward is… $1-2. Huh? If I stand to lose more I should stand to win more. Very simple. Bigger carrots for bigger sticks. And this is what really doesn’t work, the gamification is flawed and it feels unfair. So I stopped.
If they fix that aspect I would use it again, it definitely had some motivational aspects.