We need point sinks.

I think the points system is fine as it is. Sometimes I do have more points than I know what to do with (e.g. the day after a new bundle has come out and everyone is submitting giveawys), but there are plenty of days when I find myself having to leave giveaways with a few days left to run in order to enter a flash giveaway for a game on my wishlist. The points cap is enough to let you enter for the games you want without feeling too rationed IMO. I don't think offering a points sink would deter people from entering giveaways to spend points.

System is fine as is. If I understood your idea correctly, it would have $1 Contributors entering giveaways with $50 limits which would only serve to confuse the system to the majority of members and not serve those whom contributed the most.

My sink is called Darksiders atm, I'm spending all my points on every giveaway that has less than 300 entries. Not like I can't buy the bundle, but this is much more fun :P

Edit: And yes, your ideas seems quite interesting.

I agree with the general concept that the points cap encourages users to enter giveaways just not to "waste" points beyond 300.

Frankly I don't have a good suggestion to fix the issue. Removing the cap altogether would be the obvious one, but not necessarily the right one.

Actually, I think a better approach to this "problem" would be to have the point cap be absolute, i.e., be calculated based on both unassigned points and the points you have spent to enter giveaways that have not yet ended.

So, if you spend your 300p to enter six giveaways, no new points will be added to your account until one of those giveaways end.

The current system where the cap applies only to unspent points makes no sense to me, since it means the effective cap is infinitely large if you are willing to go through the small effort of "depositing" your excess points into giveaways you have zero interest in winning.

In fact, it wouldn't surprise me if someone have already created a greasemonkey script to automate depositing, managing (withdraw deposits from expiring giveaways and re-depositing them in new ones) and, when needed to enter a giveaway you cannot otherwise afford, withdrawing them. I bet I could write one in a few hours if I wanted to, and that even includes the time I need to learn JavaScript...

I haven't read all of this, so don't have a go if it's already been said.

Why not just make the points cap a spent points cap? You have 300 points, you invest them in giveaways. You cannot have more than 300 points invested at any one time. If you win a giveaway, you need to get the points back in the current system; if you lose, you get all those invested points back right away, so you can put them into something else. Combine this with a lower cap of say 200 points, and people will only enter into giveaways for games they really want. This increases the odds for everyone and means you can't infinitely enter giveaways - you have to choose tactically.