by filipmares on 11/1/11, 6:23 PM with 20 comments
by hugh3 on 11/1/11, 10:37 PM
You earn one "credit" for every dollar you deposit into a registered savings account (or every dollar you pay off a registered mortgage, or whatever).
There's no limit to how many credits you can earn, but there is a limit to how many credits you can spend: a maximum of thirty a day.
Credits are spent by putting 'em into a big slot machine which dispenses prizes whose value and winning probability are unknown. Hopefully you can get something, though.
The best way to game the system seems to be:
1. Move, say, $10,000 out of your savings account into your checking account
2. Sign up for saveup
3. Move the $10,000 back into your checking account, claim your ten thousand credits
4. Spin the wheel three times a day for the rest of the year and hope you get enough prizes to make the effort worthwhile.
Do I have it right?
edit: Aha! I found more information on the precise rules of the contest: https://www.saveup.com/rules including the probabilities of winning prizes. For instance, your odds of winning the two million dollar prize they're so keen on talking about are 1:170,230,452. On the other hand, your chances of winning $10 are one in 4133. There seem to be various different types of drawing which you can enter, but none of 'em seems to have better than a 1:1000 chance of winning even the most trivial amount of money (five dollars).
by felideon on 11/1/11, 9:37 PM
Then again, it's mostly self-explanatory: just click on a Play Now button. :)
(EDIT: Hah! This is kind of cool. I'm playing slots, except not spending any money. (Au contraire, the more I save the more I can play.)
by endlessvoid94 on 11/1/11, 6:41 PM
by monkeygus on 11/1/11, 9:03 PM