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Microcap & Penny Stocks : WINR-Secure Banking to Global Internet Gaming & E-Commerce -- Ignore unavailable to you. Want to Upgrade?


To: dennis foster who wrote (4990)3/22/1999 10:21:00 PM
From: swedelo  Read Replies (2) | Respond to of 6545
 
Mr. Foster,

The simple fact is no, I don't know what the fee structure is for the WinALottery site. I can only assume at this point in time that it is the same as the other gaming sites 5%/in, and 2 1/2%/out. This means, as I am sure you have already figured, WINR would receive revenue of $187,500/in, and $93,750/out or a total of $281,250 for every filled 1 million lotto cycle. This is not to mention the various other smaller lotto games, so you can get an idea the kind of revenue generation possible here.What is going to be more curious for me to watch, and get a good indication of how popular internet gaming is, is to see how fast they can get 75,000 people to ante up $50. Thats quite a sizeable number of people even for the world wide web to ante up half a C-note! It will also be interesting to see how quickly the cheaper games fill up and get an idea the ratio of high rollers to small changers using, at least, the lottery site. Hope this helps. As always...

Best Wishes,
Swedelo