Friday, November 30, 2007

myLot FAQ series: Why did my earnings decrease?

This is part of the series of Frequently Asked Questions for myLot. For more information on this site, please refer to this.

Why did my earnings decrease?

From time to time, you will see a sudden drop in your earnings. There is no fixed time when this might happen, and the amount affected varies as well. Before you cry foul and insist that myLot is scamming you of your hard-earned money, take a deep breath and relax.

As part of quality control, myLot will weed out low-quality or inappropriate discussions/responses periodically. If you happen to respond to a discussion or start one that is ultimately deleted, your rating a.k.a. post count will drop together with your earnings.

The earnings concept of myLot is as follows. Imagine a pot of gold that is shared among all the users. Each user gets a share of the total based on e.g. the number of discussions and responses he posts. Imagine a simplistic scenario where the pot of gold is worth $100. There are 5 users. Based on the quality and quantity of discussions and responses, preliminary calculation shows the point allocation to be:

User 1's share: 3 points

User 2's share: 6 points

User 3's share: 5 points

User 4's share: 2 points

User 5's share: 4 points

On the earnings report before payout, User 3, having 5 points out of the total 3+6+5+2+4=20 points, will in effect receive a 5/20 share (25%) of the total pot worth $100. Ceteris paribus, he will receive 25% of $100 which is $25.

However, because of the quality control mentioned earlier, several discussions/responses of User 3 were found to be inappropriate and were thus deleted. Instead of 5 points, he now has 2 points. Let's continue to keep it simple and assume that the discussions/responses of the other users were found to be okay i.e. they didn't get anything deleted.

The total number of points has dropped from 20 to 17. The pot of gold remains at $100. When the adjustment is made, User 3 will find that his earnings have suddenly decreased from $25 to 2/17*$100=$11.70.

Following the same logic, User 1 initially had 3 points out of 20. This converts to earnings of 3/20*$100=$15. After the adjustment, he still has 3 points, but the total number of points has dropped to 17 (because of User 3). His earnings are now 3/17*$100=$17.60.

While User 3 will cry foul for having his earnings slashed from $25 to $11.70, User 1 will be ecstatic to see his earnings jump from $15 to $17.60. And that's without any extra effort on his part.

On an ending note, I can't resist a moral of the story here - don't just spam the community with one-liners or plagiarized works. Instead, focus on posting quality discussions and responses. ^^


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2 comments:

manika said...

thanks for this wonderful answer to that question. It really helped and make me want to be sensible enough with my comments, responses and discussions...thanks again! ;)

Lord War Wizard said...

I am glad you found it useful. :D