Updown provides the opportunity to earn real money from your virtual portfolio, without any risk of loss. By joining the various sponsored contests available, the performance of your portfolio can win you cash prizes.
When you join and start your portfolio, you are automatically entered into the $5000 Official UpDown 2009 Performance Contest will award cash prizes to all members that beat the performance of the S&P 500 index over the year. First prize is $1,000. You must have at least one stock in your portfolio throughout the contest period and log in at least once each month.
You are also entered into the monthly performance contests with $3,000 in total prizes and a first prize of $500.
Other sponsored contests are available. The list of available competitions varies, check them out via the Contests Page.
There are many other members' competitions available to join as a way of maybe getting to know other UpDown members and compare your performance to theirs. The organizer of any competition has the control over who can join.
If you wish, you can organize your own contest. The same portfolio is used in any competition you enter.
If you want to join any of the active competitions, or start your own, go to Contests.