I understand that the bounty system does not guarantee an answer, it guarantees that your question is listed in 'Featured' and increases the incentive for people to provide good answers or answer an otherwise uninteresting question. To this end, I completely agree with the requirement that when you start a bounty on one of your questions you immediately lose the reputation points; again because you're buying the extra exposure for your question that comes with it being 'Featured'.
I don't agree with the idea that I have to award a bounty or that the system should automatically award the bounty for me. While the answers to my question were indeed helpful (and received a corresponding upvote) they did not in actuality answer my question or help solve the issue at hand (To the Answer-ers: please in no way consider this a criticism of your effort and quality of your answers).
Why is it mandatory that I (or the bounty system automatically) has to award the bounty? I'd prefer to award the bounty to the answer, if there ever is one, that actually answers my question.