JetSetPoker has retained an independent third party organization to provide proposition services to enable real money Pai Gow Poker games to be fully banked ("Proposition Banker" or Prop Banker Lee). This company is a distinct, non-affiliated organization with expertise in providing banking services for Asian games in brick and mortar ("B&M") card rooms in North America.
A standard offering in brick and mortar card rooms, the Proposition Banker affords players the assurance that their action will be covered and a game shall be readily available.
They have some rules to follow:
The Proposition Banker is to pay rake according to the governing schedule for Pai Gow Poker. Since the Proposition Banker is not to wager in the capacity as a player, the bank shall not rotate clockwise around the table until more than two (2) players have joined a game. The Proposition Banker shall occupy seat one (1) at any real money Pai Gow Poker game and will be clearly identified to all players. When the seated player is to bank the game and not cover all bets their hand shall be automatically set House Way. Players that bank the entire game can set their own hand or choose House Way.
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So, is it always the same person? Does the foreign company split the rake with JetSet or something? Who keeps the money that he wins?
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I doubt seriously that it's always the same person. JetSet doesn't say what their financial agreement with the company is... so I can't answer that part, lol.