If you can scroll back Im not the only one questioing their choices to downsize the prize from .05BTC to .01BTC. This is not a shot at BetBTC (I play here) but to say the prize is .05BTC then say only if 50 people particpate is a little misleading and truly bad marketing.
I don't think that's somewhat misleading. BetBTC can, instead, say; win upto 0.05 BTC. We had one week with this reward but due to lack of participation, they decided to add some conditions. I don't think that's a bad idea.
As everyone suggested, I too think they require some promotion. If interested, I can be a helping hand. @BetBTC, Please check PM.
For a minimum requirement of 0.0001 btc per bet, I think the prize is already generous, if we can't get 50 to participate then we will stick with the lower amount, if we like to help we can share it with friends, the requirement is very easy, even newbie account in bitcointalk can participate.