As far as I know though the Rolex has never come out as a prize which is quite surprising knowing how many users are playing that Wheel of Fortune with a decent number of spins daily.I know the odds of getting it are really little less than 0.001% but anyway after such a long time I think someone should have gotten this.Not only this but I am even thinking that most likely also the Iphone has not landed either,this is strange and it points me to think that it is indeed marketing and some marketing that needs to be updated,i.e someone should hit those prizes

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How are you so sure that no one has ever won a Rolex or an iPhone through freebitco free spins ? Maybe someone might have won it and they are not active on this forum to tell us that they won such big prizes. Also, there is not anything written on the site that currently no one has been able to win Rolex etc.
Yeah, not everyone can win such prizes for the probability of winning is very low but you never know if you can be the next luckiest person to hit the Rolex or an iPhone. In order to be lucky, you need to keep trying your luck and hope that someday you are more fortunate than the other gamblers.
We don't know for sure if someone has already won the Rolex, Iphone or Amazon giftcards prizes, but in positive case, it would be a good propaganda for the platform if the winners came here on this forum to share their winnings with the community, just like they do when hiting the 20$ prize on the free hourly faucet to receive an extra reward. If freebitco.in gave, let's say, an extra 10$ or 20$ for Wheel's jackpot winners I'm sure they would come here at bitcointalk forum to tell us about their winnings. However, I also have the impression nobody has won those prizes yet.