Assuming the odds the game tells you are true, you have at best a 1% chance to get a Renamon.

Yeah, what the wheel says is not real since it doesn’t even have the correct provabilities for some reason, I think the stated provabilities are the same as the previous event so here is some data.
Out of 85 spins, I got:
31 Coins
27 Sylveons
16 Diamonds
6 Eggs
4 Boosters
1 Mythic
So yeah, chances are low, and it’s expensive, keep in mind the wheel used to cont 10 instead of 25.