I’m curious about the economics of this
In the middle of the food court at the Colonie Center Mall is a game machine. This machine contains only a few prizes, but they’re really expensive (at least as far as mall vending machines are generally concerned). The way the machine works is that the prizes – two NOOKcolors and an iPad – are suspended from strings that you have to try and cut with this mechanically guided blade on rails. It’s similar to those old “crane games” that are all but impossible to win.
Now, the cost to play is one dollar per try. Fine. But, knowing the prices of those devices (and neither is exactly sold wholesale), it would probably not be outrageous to say that for the machine to just break even it would need to take in about $2,000. I wouldn’t have thought much of that, knowing that these machines are the modern equivilant of carnival games; but the kicker is that a week ago the machine actually held two NOOKcolors and two iPads. Somebody actually won one already.
The machine hasn’t been there more than a few weeks, so it’s hard for me to believe that thousands of dollars have already been pumped into it. Which makes me wonder, should I give a try? I’ll leave it my faithful readers to decide. Let me know if I should play my luck.