How does the point system work?

Check the sticky FAQ.

Everytime someone reads the FAQ you get a point, thus it's so slow

Everyone get 25 points after signing in for the first time. When someone creates a giveaway everyone on site get 5% of it's worth in points.

so there's no way to grind for points or do we all just wait?

Read the FAQ.

Sigh.

1 + 1 = 2 + 3 = 5 + 1 = 6 + 5 = 11 and so on until you reach 300
read here

Read the faq

But if you're too lazy I'll summarize it. A dollar is worth 1 point. if you want to enter a giveaway it will cost you as many points as the game costs. So if you want to enter a giveaway for a $1 game like Fortix it will cost you 1 point to enter it. Whenever someone makes a giveaway for a game after you sign up everyone will receive 5% of how many points that game is worth. So if someone makes a giveaway for a $60 game (or 60 points). Everyone on the site will receive 5% of those 60 points which is 3 points. The maximum # of points someone can have on the site is 300 points so everyone has a fair chance.