If not close to table max, then optimal would be spreading to 2 with 1 round to cut card. Other optimal would be to play 1 hand only, except when butting up against table max, then spread to 2.

One further note. Issues of covariance suggest that the bet per square is 75% of the 1 square bet, I.e. 2-75 v 1-100. If ror and variance are not issues, then, per example shown, 2x100 is just fine.

Conclusion.
If bankroll is strong, variance and ror are not issues, then do whatever floats your boat. If not, follow protocol.