Yes, it would really be that totally depending on financial status of a certain person because not all would really be that on a state that you are really that good when it comes to financial means.
Just like on what you have said that if you are someone who does have that kind of wealth or money then for sure you would really be choosing that 5 BTC bet because 1BTC for you would really be just that trying out to make it big. You wouldnt really be that minding about into those stuffs about securing that 1 btc but of course majority of us would really be that choosing and securing that 1 BTC
because we do know that getting free money nowadays wont really be that something possible or something that could happen. So it would be always matter of choice which one you would be choosing up because securing 1 BTC is an amount that it is really that too big for most people.