Does MyLot really update earnings on real time?
By calai618
@calai618 (1773)
Philippines
September 16, 2009 3:21am CST
I am new here at MyLot and from what I've read and from what people have told me, MyLot usually update everyday around the same time (10PM, Philippine Time from my experience). But just a couple of moments ago, I noticed my earnings going up for a couple of cents for every post I make. DOes this usually happen here or is it a new feature? Does any other experience this? Thanks everyone and happy MyLotting!!!!
1 person likes this
6 responses
@mysdianait (66009)
• Italy
16 Sep 09
The earnings are updated once every 24 hours at around 15.00-17.00 GMT. When they update you will see the earnings for your postings the previous day. A day on myLot is myLot's time zone which is GMT-7.
What you just saw is something else and not related to the posts you are making right now.
[i]"From time to time it is necessary for myLot to recalculate earnings for the month to curb users trying to game the system. Our proprietary earnings algorithm periodically recalculates all estimated daily earnings for the previous month to take into account posts that have been deleted in the abuse and moderation processes.
During the recalculation of earnings some users with lower-quality contributions will see a decrease. Any money deducted from users due to our abuse and moderation processes is then reallocated to myLot users based on certain qualitative factors. Due to this, earnings will fluctuate."[/i]
http://www.mylot.com/o/faq/faq6.aspx#17
@calai618 (1773)
• Philippines
16 Sep 09
Hi mysdianait! I stumbled upon that too but what i experienced a few minutes ago was not a decrease but an increase of either .01 or .02 everytime I post something new. It's only 4:30PM here and I usually get the updates at 10PM everyday so it kinda caught my attention when my earnings increase a little off the usual time knowing that they officially update the same time everyday. Anyway, I think it would be better if what's happenning to my earnings right now continues because it gives me more enthusiasm and excitement to create more topics and post responses when I see in real time that my efforts are rewarded. It's cool. :D Thanks for the response!!!
@mysdianait (66009)
• Italy
16 Sep 09
If you read the last line of my comment above:
'Any money deducted from users due to our abuse and moderation processes is then reallocated to myLot users based on certain qualitative factors.'
Did you read that bit too?
@mysdianait (66009)
• Italy
16 Sep 09
It is not a mistake. It is quite a regular occurance. The explanation is in the FAQs which I pointed out in the response above.
@ratyz5 (7808)
• Philippines
2 Oct 09
As much as I have read in other inquiries, the update on the earnings really do fluctuate every now and then so, the real basis for what you have earned would be better viewed on what you have earned in each day that you have been active here in this site.
@abhishek71832 (470)
• India
16 Sep 09
Hi Calai618, I never noticed this ever except once when i completed some tasks and i was paid almost instantly. But I don't think that the same happens for your participation earnings. It is usually updated around 2000 Hrs IST(Indian Standard Time). Hope Mylot have introduced this new feature.. Happy Myloting.
@homeshoppers (6166)
• Philippines
16 Sep 09
sometimes yes though sometimes not specially saturday and sunday though it will resume by monday. i trust mylot so even if my earnings is not updated for how many days. i know that i can get the money for the cut off.
@lovelyn_medrano (3070)
• Philippines
16 Sep 09
I am also new here and from the philippines. I dont experience that, my account balance remain .02$ til now. Been active in discussion since last night. I believe it takes 24hrs in updating our earnings balance. You said 10pm here in the philippines? I will check that later. Thanks for the info.
