Personally I used to run a domain parking service (back when I was a teen in the early 00s) that used the domains as web proxies and replaced all adsense blocks it could find in the content with my adsense code, and did a 50/50 split between my code and the domain owner's code. Google eventually became wise to this and banned that sort of thing but it was pretty cool while it lasted, and honestly I think it was super fair considering we didn't even add any ad blocks just re-used the existing ones already in the content.