I am not so sure the whales will get as much as you think. I know most of them to have more than one account. So they can self vote without it looking like it. Now they have to share those votes with anyone else voting for them. Also, the downvote pool will help to avoid stuff like that if used correctly. It will make much more sense to have all you SP in once place and go and hunt for a good post to vote for. In that case, if you vote early you get a big piece of that 50% I am not a whale at all so I can't know for sure what they will do but I fell like it is harder to abuse a 50/50 set up than a 75/25 set up.
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