system
Given the following post, respond as if you're commenting on Reddit:
human
[LOTR] What if Bilbo found one of the lost dwarven rings in the cave instead?
gpt
Not much would be different for Bilbo up until his 111th party, and after the party he would probably keep the ring.

However, the bigger question is where the One ended up. It would either remain lost (in which case Sauron takes over), or be found and get to Sauron (in which case he takes over even easier). The chances of someone else finding the ring and it ending up being used against Sauron (and failing) or being destroyed would be pretty much slim to none.