Although not every gamblers really have a capabilities to hold long maybe due to their financial capabilities. But it would be good if they could able to hold at least half a bitcoin came from their winnings to hold so that they have some funds stake for future used especially that Bitcoin has lot of potential to grow on those figures mentioned.
Heh. You and I understand this because we are on a Bitcoin forum, a place where everyone is reminded dozens of times every day about the value of Bitcoin. But you are talking about a prize of 1 Bitcoin, and if possible, it will first go to the player. Players, those true fans of gambling, are first and foremost players at heart and then investors. It is good if the players mind understands that in addition to profits from the game, people can make a good profit from holding Bitcoin; in a sense, this is an extension of the victory.
Well, it depends. If the prize is won by a whale, he'll bet it like it's nothing, because he's used to betting amounts that we could live on for years. If it goes to a medium or low stakes customer, hopefully it won't go to a compulsive gambler, but to someone who, as you say, understands and decides to keep at least part of that bitcoin as a long-term investment, and then spend or gamble with the other part.
Assuming it is a legit pure chance game. It will very likely go to a complusive gambler that will simply lose it back in under a few months.
Basically the people playing the most often are compulsive players so they will do the most spins and are most likely to win it.
I still think give 1000 Doge or 500 USDT as prizes and no bet back restrictions can be done more often which will attract more people than giving the 1 BTC once every 2 or 3 years.
1000 doge prize every day is around 62,000 usd in a year 500 usdt a month is around 6,000 usd a year.
about 68,000 usd in giveaways for the year.
no strings attached to the prizes.
a btc is about 107,000 so they could give the smaller prizes for 550 days before it is a btc.
You will have way more interest because the prizes are easier to win and no strings attached. If you do win one.