Sharing a shopping deal with your fiends can be a very rewarding experience. At Buxr we go one step further. We reward members that share the hottest deals with cash prizes. Buxr 'hot deal' contests are open to the US residents age 18 and older. This page describes in details how our contests work.
Each member can submit a limited number of deals (10 deals by default) per 24 hour time period. We will award several members every day (depending the total amount of submissions and votes) a cash prize for submitting the top voted deal.
We will add a $5 bonus to the daily prize of the winner who accumulates the most overall votes during the contest period. In general, we give out between 5 and 8 prizes per day. However, we only award one freebie prize because free offers do not make money for the site. In the context of daily contests, 'freebie' implies a product that has $0 (before rebate) price and might or might not have shipping charges.
The monthly contest winners are determined by a point system. The system was created in an attempt to reward members for participating in all aspects of Buxr. Whether it is submitting deals, voting on deals, leaving quality comments or starting great discussions. Below is a summary of how Buxr point system works.
The current point standings for the top 25 members can be found at the Monthly Contest page. This is also the place to go to check the current monthly prizes (click on “see the prizes” link). Members who gain the most points at the end of the month are awarded the prizes.
Each member can submit a limited number of deals (10 by default) and make a number of deal votes (the current limit is 50) per 24 hour period.
While all members can receive points and win daily prizes with their deal submissions, only members with a total score of 250 points and 30 days tenure can give or receive points with their deal votes.
Members can gain or lose points from other members voting up/down their comments or topics.
The topic/comment must be less than 1 day old to accumulate points. Only members with a total score of 250 points and 30 days tenure can give other members points. In order to prevent friendly voting and voting wars, only your first 5 votes in a 1 day period result in points when voting for any individual member.
Members gain no points from voting up comments and topics. The number of discussion and comment votes a member can make is not limited.
In order to spice things up a little, we added some extra awards that members gain with every 100 points that they earn. Every gain of 100 points will result in a new random award.
You can see the complete list of your random awards at “Contests → My Activity” page. The page will also list all your past awards and what deals you applied them to. Also, whenever your score reaches 100 mark, you will receive an email with information on the specific prize you received.
To use a Random Award, go to your deal page and look for the buttons right under 'Share this Deal' link (see the screen-shot below). The numbers in the parenthesis indicate how many awards of each kind you have (if none shown then you only have one award of that kind)
Click on one of the buttons to apply the appropriate award. Note, you can only apply an award within 24 hours after your deal is published. Each award must be used within 30 days of the receipt, or it will expire.
At Buxr it pays to bring your friends to the site. At the end of each month we will award $50 to each of the top 3 members by number of referrals (a minimum of 5 friends is required). Here are some details on how the contest works.
As you know, not all friends are created equal. The same rule applies at Buxr.com. We consider your friend a “Good Friend” if he/she meets the following criteria:
Pending friends are friends who have been referred but have not yet been verified by us to count as a contest referral. Any pending friends who do not meet the above requirements within the contest month, will become “Bad Friends.” These friends are NOT eligible for the contest credit. Referrals can also become “Bad Friends” if they are disqualified by moderators. We reserve the right to disqualify members/friends for attempting to tamper with the contest results.
At Buxr we offer 3 easy ways to make “Good Friends”
Whenever your friend uses any of the ways above to sign up as a new Buxr member they will be counted as your referral. To find how many friends you or other members have referred in the current month go to the Refer a Friend Contest page. Click the ”+” sign next to the member stats to see more details.
Your prizes are logged in the My Activity section of the Contests page. When your balance reaches $25, go to the Balance page and request a payment. We usually process payments on a weekly basis but in some cases it may take up to 30 days. Please contact us if you have not received your payment within 30 days or you have a question or dispute about a prize award.
If you make $600 in contest winnings during the year, IRS guidelines require us to send you 1099 at the end of the year. In order to comply with the regulations you must fill out and send us a W9 form. You will receive an email if/when your winnings go over $600.
Update for 2012: IRS has changed regulations in such a way that payments made via Paypal and gift cards have now been excluded from 1099-MISC reporting so in 2012 and going forward we will not be sending 1099 forms. You are still required by law to include your prizes as income in your tax return. You can find how much you earned in any given year on this page (you need to be signed into your Buxr account). More details are available in this discussion.