He doesnt take a "cut" of the winnings, he says he takes the winnings. The "sucker" may use his pick and play it as well and THIS will be his reward.
So he expects others to create these accounts for him, take the blame if something goes wrong, and he isn't even going to pay them a certain percentage for the "work".

What a great deal indeed.

In his last post he said that he found his scapegoat. Maybe that person will post some feedback or we will see a scam accusation against him. Time will tell.