It's a good question!
I would say BetVoyager's profits rely on 3 main factors:-
1. Some players may not realise that some of their zero house edge games are not actually zero edge.
e.g. I had a look at their roulette and only certain bets are zero edge. Any bets played on splits still carry a 2.70% H.A., unlike BetFair who's roulette has no zero. (I didn't look to see if something similar applies to other games).
Quote:
Features of European Roulette without House Edge
A bet on a number (straight up) pays out 36:1, rather than 35:1.
If the ball lands on zero when the player has bet on even chances, a dozen or a column, the game ends in a draw and the player’s bet is returned to him.
There is no house edge in this game when the player bets on a number, a dozen, a column or on even chances.
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2. To be honest, many gamblers don't know when to stop. Even with zero-edge games I would not be surprised if most of their customers carry on playing until they lose everything. I mean, there's not really much difference between regular blackjack with say 0.5% edge and one with 0%.
3. Players trying to 'break the bank' by martingaling for example, are still going to come up against table limits and the casino's 'infinite' bankroll. Again, they are just as likely to bust out whether the game is 5% H.A. or 0%.
It's a very interesting concept though and I would imagine, a successful one... for the casino!