ET&T LICENSING AGREEMENT

This Agreement states that Electronic Transactions & Technologies
(ET&T) does
hereby license the following ET&T products to Betting, Inc., a
Missouri
corporation, for the exclusive global usage of wagering by PERFECT
originated
ATM cards, credit cards, and smart cards:

The PayMaster, defined as a stand alone terminal that attaches to
phone lines
and which calls the ET&T host processing center with bank data.

The SLICK, defined as a stand alone keyboard terminal that attaches
to phone
lines and call the ET&T host processing center with bank data that
has
bypassed the Internet.

The PocketPay, defined as a pocket sized terminal and telephone that
sends
bank data by wireless transmission to the ET&T host processing
center.

The TV Pin Pad Remote, defined as a set top box and TV remote that
sends bank
data by landline dial up transmission to the ET&T host processing
center.

Each ET&T product is exclusively licensed to Betting, Inc. on a
global basis
for the application of PERFECT wagering at a licensing fee of
$2,000,000
each.

The duration of the exclusive license is 20 years.

				Electronic Transactions & Technologies



Dated: March 27, 1998		By:/s/  Thomas S. Hughes__
Thomas S, Hughes, Chairman & CEO


					Betting, Inc.


Dated: March 27, 1998		By:/s/_Thomas S. Hughes__
					Thomas S. Hughes, Chairman & CEO