You beat me to it while I was writing the post above, this can definitively be abused as it is based on a judges "opinion", which can obviously be swayed due to favoritism or a bribe.
Caveat Emptor for sure, any contest that you pay to enter only to have your odds being weighed solely on a supposed outside parties' opinion can easily be a scam. Based on the fact that the person profiting from this is picking the judges, it can not be ignored that this could possibly be a plot...
https://www.reddit.com/r/GlobalOffensive/comments/3mx1ir/today_is_the_last_day_of_my_csgo_career/
Friberg Announces his retirement
edit: it seems someone hacked his reddit account.
A scammer reporting others for scamming, niceeeeee.
http://forums.steamrep.com/threads/report-76561198068663795-tf2-team-fortress-2-items.72368/
It's a small world.
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