While you are right, 99% of all people will always skip the terms and conditions and just blindly accept it. When a problems arises, people will often complain about it as that is human nature also. For bonuses and promotions there will always be certain rules that need to be followed but everyone needs to do their own due diligence before participating in it or accepting a bonus.
You cannot really blame them for skipping them though since literally every site makes them tough to understand and some even hide them away cleverly. The sites should make them easier to understand in order to be more transparent.
Yes, the number of participants are increase and they are interested to join. The prize of $50 is more than enough as this is free for all.
Yeah. It's always fun taking part in these contests in order to win some free money. Love how these contests are blowing up in the forum these days.