I wonder how many people here are actually reading the site properly?
1. There is a fixed amount of funds so if there are too many short form claims the actual amount paid will be lower than $50.
2. Long form claims will most likely not receive the full amount of their settlement claim, and are also subject to available (fixed) funds.
3. Most importantly, you need a VALID REASON to make any claim. If you have never had your account cancelled, limited, or had any problems following up fraudulent transactions then you do not have any right to a payout.
I fit all of the criteria except for the "reason" ... I can't make a claim since they've never done anything to me.