Rechecked Spartans after this post and they did change some of their promotions since they clearly were failing, but the promotions still don't seem better to me and op's offer is still questionable to say the least despite his explanations.
His account password getting reset recently doesn't help his case either. Careful people!
The promotion is already suspicious and most likely a scam. Much more of the account reset. That certainly tells us there is something wrong.
Well, I believe most of us have already learned from the previous scam events. But yes, we still need to be more careful. Not all things that are too good to be true end well. Most of them end in a disaster.
However, I don't think there are stupid gamblers who will take this bait. We can afford to lose our bet, but not from risking it on an unreliable wagering scheme.