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I started a bounty on gaming.stackexchange.com on a question. If I dont award anyone the bounty I put on the question, will I get that reputation back?

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    I guess this is to prevent abuses. Bounties lead to more attention of your question, which correlates with more votes. So you could add a bounty just to get up voted and not award it. This way even if you add only bounties on your own questions you loose some points for a bit more attention.
    – ayckoster
    Jul 16 '12 at 15:23
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No, you will not. The only way to get back a bounty after it's been placed is to have it returned to you by a mod, which is something a mod will only do in special circumstances. See the privileges page about bounties for more information.

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