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How does the bounty system work?

I have asked a question here. Now I thought of starting an bounty for it, but I can't see any start a bounty option for my question. But it is visible for my other questions. what could be the reason?

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marked as duplicate by Cody Gray, Lance Roberts, Mark Trapp, Jon Seigel, mmyers Jul 22 '11 at 14:28

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.

up vote 5 down vote accepted

your answer is here: Frequently Asked Questions

There are a few other rules around bounties:

Questions must be at least 2 days old to be eligible for a bounty.

•Users must have at least 75 reputation to offer a bounty.

•There can only be 1 active bounty per question and per user at any given time.

•Once initiated, the bounty period lasts 7 days.

•After starting a bounty, you must wait 1 day before awarding it.

•If you do not award your bounty within 7 days, the highest voted answer created after the bounty started with at least 2 upvotes will be awarded half the bounty amount.

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You need to wait two days before you can add a bounty. Please see this FAQ entry for more information.

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