Remember, the Ring gives power according to the measure of its bearer. Smeagol had always been a bit of a slinker and a thief. The Ring just brought out those traits in him more than they would have been on their own. So he would have betrayed them ultimately, but there is always a "What if..." whenever we read that passage.
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But Melkor also was there, and he came to the house of Fëanor, and there he slew Finwë King of the Noldor before his doors, and spilled the first blood in the Blessed Realm; for Finwë alone had not fled from the horror of the Dark.
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