I would spin only when I'm told the house won't win. Aside that, the house won't offer all of that to a gamer, it's always a loss at most and this time life is involved, lol, no way buddy. I'd like to play for fun.
If they're insane, they'll definitely do it and enjoy the game, but those of sound mind wouldn't risk it just for money. They'd rather lose big than risk their lives, and if asked why the player died, it would be because of bad luck. It would be very sad if our relatives and friends heard about it.
The goal is money and having fun, probably the most common answer choices are the same as you said above, without any significant risks like the wheel option.
