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How does the bounty system work?

I don't see a bounty button on a question of mine that's older than 48 hours and when I checked the bounty FAQ, all it says is:

If you don't see the bounty button on a question, one or more of the following applies:

    * The question has been asked in the last 48 hours. Give the community a chance to answer your question normally first.
    * You already have an outstanding bounty. You can only have one open bounty at any one time. To start a bounty on this question, you must award the previous bounty first.
    * The question already has a bounty. To start a second bounty on this question, you must wait for the current bounty to be awarded first.

Since none of the 3 points above apply to my question, I am wondering: Are there additional requirements for a bounty button to show up?

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marked as duplicate by random Aug 2 '11 at 18:15

This question has been asked before and already has an answer. If those answers do not fully address your question, please ask a new question.

    
Guess you have enough points to do that! – Yet Another User Aug 2 '11 at 18:12
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The page you linked to has the required reputation in very large text on the right side of the page. :) – Chris Frederick Aug 2 '11 at 18:12
    
@Chris You're right. Sometimes I could be so blind. :-/ – ateiob Aug 2 '11 at 18:21
1  
The OP has a point though. It should say If you have the privilege to set bounties and you don't see the bounty button... – Rick Sladkey Aug 2 '11 at 18:22
up vote 1 down vote accepted

You need 75 points to start a bounty.

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Thanks so much! – ateiob Aug 2 '11 at 18:14

There is a minimum rep of 75 required, as mentioned on the top right of the privileges page for setting bounties.

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If you look on the privileges page, you need 75 reputation points and must also wait for 48 hours before adding a bounty.

Here's the bounty explanation page

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