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Microcap & Penny Stocks : MIDL .... A Real Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: Ga Bard who wrote (289)	11/15/1997 7:57:00 PM
From: Mark Rutheiser	Read Replies (3) \| Respond to of 7039

99% payoff does not mean that there is a jackpot 99% of the time. It means that 99% of the money going in is awarded to players. Yes you probably would not see a large jackpot for many days. But of course machines need to be fed a lot of coins before they will pay off. I have been to casinos in Reno, Vegas and Lake Tahoe. The percentage pay out of the machines are very high. There are advertisements everywhere luring people in with 99% pay outs. All I am saying is that gambling works off of extremely small profit margins. I get very concerned when a company states expected revenues from gambling. The number always looks so large. Meanwhile the profits are such a small percentage.