Yes, you would ONLY have 11 month advantage for the points at that resort.
One method of using them wisely would be to bank them one year, then next year you could use the current year's points, the banked ones from last year AND borrow next year's points. Every third year, you could have 150 points with the advantage at that resort.
Another idea is to buy two equal contracts at two different resorts. You caould swith off years banking and switch years at resorts. You would have the 11 month advantage for 2x your point allotment at alternating resorts each year.
"From each according to his ability, to each according to his needs", Karl Marx,This has failed every time it has been tried, why do we still have liberals?