the rep points under ur avatar is how many rep points u can give someone, the rep points on ur user cp is how many other members have givin you, once u get 100 points in ur user cp, u will gain another point under ur avatar
Yeh, you may have 2 rep points but under the avatar it doesn't show your rep points, just your reputation giving power. meaning that you can give a maximum of 1 rep point to somebody.