Marker Questions

[Gator]

What's the skinny on markers? Some casino's (i.e. Mirage) allow you to apply for a marker online. The application says the minimum is $10K - I know someone who filled it out and was approved for $3K (I guess the minimum really isn't $10K). This is basically a credit limit, correct? So, can that person just sign for $3,000 in chips? Do they need to see someone in particular when they first get to the casino or can they go to any cage? Suppose he loses. What are the payment terms to pay it back? If he wins, and pays back the marker - let's say after five days, is there any interest? Is someone that takes out a marker more likely to get comps? I would assume someone that was approved for $3,000 could make six trips to the cage and take out $500 each time. Is that correct? Thanks.