Perhaps gambling isn't the correct term, technically...but that wasn't the point.Well, what Shane and Fedor are doing is not gambling, they are playing a game of skill against one another for money. Anyone else putting any money on the line is gambling.
I would prefer them to just say "they will get a cut of the PPV, once the PPV reaches X amount". I would gladly contribute to a PPV knowing a cut is going to the players.