OK, we did this a couple years ago and the winner, Zac, lost 50 pounds to win and earned a bunch of sweet pluggage.
I know I need to loose some ^$^#&*@ weight as I was really feeling it last year. Plus there is that whole lifespan thing.
Anyway, here are the rules from 2008. Give me your opinion / thoughts and we'll kick this off on January 1.
Rules from 08:
Quote:
Here are the rules for the challenge.
1. Entry fee is 1 Wooden Plug
2. Competition will be based on percentage of weight lost (Weight Lost / Weight at Start = Percentage Lost) not on actual pounds.
3. To get in just post in this thread "I'm In" by 12 midnight on January 2nd (Relax and enjoy New Years Day) and post your starting weight, A Pic is Optional......its just for reference. If anyone would like to take the "Lady Angler" option just Say "I'm In with the Lady Angler Option" when they enter, then they can just PM me their starting weight and their updates and I will just post your Percentages only at the update intervals.
4. On the 1st and 15th of every month post how much you've lost and we'll figure out what your percentage is.
5. The contest ends May 1st 2008....just in time to hit the Suds. Post your Final Weight and we will see who the Winners are.
6 The Second place winner will receive 3 plugs and the 1st Place winner will receive the rest. Of course the 1st Place guy gets to pick 1st. 
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Questions?
Who's in?