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Exactly. The "luck fund" of an FPPS pool doesn't necessarily exist at all, but the promise of stable payouts regardless of the pool's luck is still there.
This is probably one of the reasons why in recent years so many FPPS pools have become AntPool proxies.
https://mainnet.observer/charts/mining-pools-centralization-index-with-proxy-pools/
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I didn’t know about that 'luck fund' concept. Seems like a good idea to even out the payouts. @supertestnet says Ocean doesn’t have that fund and that’s one of the reasons they pay more. But like, without more info, wouldn’t that fund have a neutral effect on payouts? Or am I missing something?