The part I still don't understand is why if a gambling site is profitable would they want to share the winnings? I would think they would want to cover their own bankroll. Just on real casinos they cover their own action..... seems like online would follow that.
Can you say why they would share this profit if they are sure they are going to make a profit? I don't get it.
I have no idea i`m not a casino owner/manager, and havent even invested in one yet.
But my opinion is that, it is probably working like a stock company.
So for example they need the investor's funds to cover the bankroll, whereas if they have for example 2% house edge, they keep half of it as their own profit.
While they distribute the other half amongst the investors, but it's only the investors that risk their money and the casino owners dont.
So this way the casino owner can setup a casino with 0 bitcoin, attract tons of investors and gamblers, and whenever a lucky player wins a jackpot only the investors lose money.
Basically they eliminate all the risk for the casino owner, at the expense of sharing half or 60-70% of the profits. Actually if you check their information page they will explain something similar to you.
And those casinos are really old and big ones, they profit 1000's of bitcoin daily, so the risk of scam or running bust is almost 0, while this can offer a stable long term investment for investors, and a risk free operation of a casino.
Or atleast this is what I understood from the info that they put out in ther sites.
+ a huge bankroll attracts more gamblers, and it is unlikely that the casino owners can come up with so huge bankrolls without investors