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Microcap & Penny Stocks : ECNC: BETTING, INC. A WAGER ON NEW GAMING TECHNOLOGY -- Ignore unavailable to you. Want to Upgrade?

To: blkjk7 who wrote (453)	10/16/1998 5:34:00 PM
From: SCOOBEY-DO	Read Replies (1) \| Respond to of 2909

To blkjk7 and Bett shareholders, I thought that this was interesting information, although most of it is not new. . "1. ET&T is not in the equipment business. We are in the PERFECT host processing business. . 2. We have created the Pay Master as the first type of PERFECT device. The Pay Master is directed towards the non computer consumer. . 3. We have worked on the SLICK as the first type of PERFECT device for the computer household. (see hpos.com and click SLICK). The SLICK is software ready but not hardware ready at the present time. . 4. We have created the Pocket Pay(granted but not published: to meet the needs of the wireless marketplace. The Pocket Pay is on paper only. . 5. The Pay Master is entering the marketplace this month as a device that is given away for free to: health clubs, car dealers service, car radios installed, car rental, car washes, chiropractic, clinics, coffee shops/books, dentist offices, doctors offices,employee lunch rooms, eye exams, hair salons, hotel lobbies, Laundromats, muffler shops, oil lube shops, psychologist offices, print shops, tire shops, transmission repair... places where people wait... and while they wait, they can shop from attractive catalogs by self servicing their purchases with the Pay Master. . A. The same Pay Master can also legally send an ATM card with PIN cash replenishment to a gaming operator. The Player will pay a $6 flat fee to send any amount of cash to his gaming operator. ATM cards with PIN are non reversible transactions as opposed to a credit card "cash advance" transaction whose billing statement can be refused by the player. . B. The Pay Master player sitting at the hotel lobby who has just sent cash to his gaming account will now simply take the printed receipt and phone in his bet using a pay phone etc. The Pay Master is data call only, not voice. . C. Let's project that by July 1999, we have distributed 10,000 Pay Master units as a Shop While You Wait device. Of this universe, 20% on any given day are used 5 times per day to open or replenish gaming accounts at a flat fee to the player of $6. . So 2,000 Pay Masters X 5 daily transactions x $6 per transaction = $60,000/day in PERFECT players fees. . D. The company that is handling this gaming business is the ET&T subsidiary of Betting Inc. (OTC:BB:BETT). A fully reporting company, with no employees and no budget, Betting Inc. is traded almost daily. If you check the history of trades you will see that on the day we announced the Pocket Pay license from ET&T to Betting Inc.,we traded over 1 million shares in one day. . I have no doubt that with the Pay Masters running the first revenue generation to Betting Inc. of $6 per transaction, that our stock will quickly climb. . The guaranteed pathway of the Pay Master: . Almost immediately, the Pay Master will be pilot tested by Pac Bell, GTE, Southern Calif. Edison,the Gas Company etc., as a mass market method to pay cash on bills by ATM card and PIN from Pay Master waiting room sites such as the dentist office, etc. . The Pay Master by the second quarter of 1999, will begin to migrate into the home as a bill payment device and will be promoted as such by the utility companies. . Following the Pay Master will be the SLICK for true PERFECT bill payments by computer. The present home banking is nothing more than having a service write checks for you. NO ONE has the capacity to send real cash from the home. Only hardware can do that as a Point of Transaction bank accepted device. . NOW, what do you think will be happening as the mass public begins to wake up to the fact that their "bill payment device" can also place cash wagering bets? . Every State legislature who can also receive donations by non reversible ATM cards and PIN for by the banked and prepaid stored value cards by the non banked, will have to address the issue that their constituency has the ability to gamble with cash from the home. . A Point: ATM cards are limited as to what can be sent by Point of Transaction. Stored value cards are also limited. No one can sweep out their bank account by Point of Transaction. . Instant taxation of winnings will be very attractive to state legislatures. . My point, is that PERFECT wagering is not going to happen in 2005, its going to happen in 1999. . Over the next 18 months, the PERFECT industry stampede will begin. ET&T is the first PERFECT host that is positioned to drive both ET&T equipment and new competitors equipment that are running PERFECT transactions, ranging from bill pay to shopping to gambling. . Betting Inc. is positioning itself to interface with the PERFECT hosts to reach the gaming operators who are receiving PERFECT wagers." . To All; This is quite forward looking and of course not guaranteed. But interesting. Go BETT!!! Scoobey