My point is, for example, on the very first run with the 250+ players, you are currently in first place with the most points, and have played it excellently (IMO). However, Eihn is still in it, with 700 points left to your "thousands". Say you go out next round due to the lowest bid, and Eihn goes out the next round after thru losing all their points - Eihn would be higher rated than you?
It sesm to me like you would be penilised for playing so well but being unlucky, but others get rated higher for playing poorly just because they stayed in a round longer.
Does that make sense? It seems to me that the highest rated Pond players will be those who stayed in the longest (due to high bets, but fell after 10+ rounds, rather than the players who skillfully tried to bet just enough to stay in for the win but were just unlucky in one round.