How to get your 500 point LIVE is 5IVE present
If you've been an Xbox Live subscriber since 2002, make your way to the registration website and fill it out. Once completed, submit that bad boy and wait patiently by your inbox. Then, by December 21st, those who "qualify" for their free 500 points will be emailed a redemption code. It's that simple. Oh, and if you try to beat the system and fill out the form knowing that you haven't been a Live subscriber since 2002 then Microsoft will delete your gamertag and wipe out your entire Gamerscore*. Don't mess with Microsoft
*Just kidding ... or so we think we are.