Simply dividing 26/160=16% is not the right way to do your "basic" checking. Most of that 160k profits were even before dividends were started. If you really want to check, first check the profits before the dividends were started. After that, calculate the total wagered amount and the total winning amount after dividends were started. To simply make you understand, suppose a person lost 10 bets of 400 steem = 4000 steem in a day in blackjack. The real house profit is 4000 steem for that day but the dividend is calculated as per the house edge (0.5% for blackjack). So only 20 steem is added to the dividend pool. Now, if another person wins 10 bets of 400 steem = 4000 steem in a day. In that case, Even though the net profit for that day is 0, a total of 40 steem is added to the dividend pool as the total wagered amount was 8000 steem. This method of dividend distribution was chosen to give the token holders a steady stream of income even if the house makes a loss. If you think that dividend distribution should be done on the basis of actual profits, then that is a matter of discussion. But if you falsely accuse the house by just dividing 2 numbers without any logic, then we are sorry as we cannot help you out.