A valid counter point 
it’s true that handicap tournaments don’t really make sense either for anything serious.
It might very well yield more interesting games, though as for rank correction if a player got to the top because they are sandbagging, that wont really change their ability to maintain their position (presuming they will continue sandbagging). The other thing is if a user gets to the top by sandbagging, they can pretty easily stay at the top by changing their rank so anyone who challenges them suffers a max handicap penalty, which might be an annoying abuse of the system.
I’ll chat about it more with the other developer, it might be worth an experiment and see how folks like it 