You're 100% correct. However, being a slave would likely destroy me, and I would be the first, too impatient to work up a rebellion. Therefore I'd be fed to the dogs early in the first week by the government as a warning to anyone else that didn't like it.
With an omnipotent, I'd just give it all up and be like "fuck it, it's omnipotent, just try and find the silver lining."
I'd allow God to "break me" and live. I'd die before I was a slave to man. And I rather enjoy being alive.