New Roulette

Here is a new roulette game.

1. Everyone has an initial stake that can be any amount of money.
2. For each spin, you can play or you can watch.
3. If you play, you must wager 1% of your stake. Watching is free.
4. A number is chosen for each player and watcher; no two players or watchers have the same number.
5. The roulette wheel has exactly enough numbers for all the players and watchers.
6. After each spin, all players and watchers win %100 of their stake.

Here is how you increase your stake:

1. The roulette wheel is spun.
2. If the ball lands on the number of a watcher, no ones stake increases.
3. If the ball lands on the number of a player, then the stake for each player and watcher is raised by an amount between 1% and 2.5%.
4. Any increase is to the stake for all players and watchers for this spin and all future spins. The longer you play or watch, the bigger your stake becomes.

Would you play or watch?

The name of the game is The Power of a Union in a Right-to-work State.