This page was created on 01-13-2014
United kept the meter-configuration pretty simple; prior to 1956 they ran a single meter`
Caravan ran two and can be used as a good example to help understand their purpose`
That top meter is the “Play Meter” and that bottom meter is the “Replay Meter”
78039 nickels = $3951.95
53056 nickels = $2652.80
Equals a maximum of 67% payout!
Equals a minimum profit of $1299.15
Which is truly a minimum, totally dependent on how many people took their replays in coins and truly walked away from the bingo,
which is probably unlikely in many cases _ I bet most people who won less than 50 cents just kept playing.
If the bingo cost $300 brand new, this owner/operator did OK!!
$1000 dollars in the 50s was “big” money!!
…Running the Bingos was a business, this was a money-making Industry…
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