From a business perspective, it works just perfect for them.
All the people you see on top 10 has spent a lot of refills to get up there, even more if they are in multiple charts.
That’s my second time i tried all three without any refills or flask. I landed in top 100 in one, but the other two was simply impossible due lack of retry (expecially because gem II quest is always up during events, and a F2P can’t skip it )
So i finished top 100 in one, about 200 in the other two.
As things are now, it is more convenient for me using all my flasks on atlantis raising rather then test my luck on the event.
I really hope they change things, but i don’t think they do.
Making it extremely competitive help them making it extremely profitable too.