Seconding this.
While this event does give compensatory prizes like previous events for participating, at least any event that catered to whales was watered down to RNG luck, i.e. the more money you spend, the better your chances of getting something good.
This is literally a slap in the face for a lot of the players, with the event basically stating -
"Yeah, you could get this, but you're weak.
So instead, have this complimentary scratch and sniff sticker saying 'You tried'."
This event practically displays itself as a rigged carnival game.