Well you'd get refunded because it sucks using points on a game that no one was going to win from the start. Of course, they're all free games essentially, so you're being refunded a chance for a free game. So you're right, there isn't a point to it.
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Did you win the giveaway for MW3? Lucky :P But to answer your question, no you don't.
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http://www.steamgifts.com/user/janilsonlima
I entered the MW3 giveaway
Wondering if those last 3 giveaways he did are fake
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