Pantheon rankings partly work.
The problem with Pantheon is that is included all games played when trying to decided how many points you gain or lose per match. This means that it is harder for veteran players to climb the Pantheon ladder since they get fewer points per win and lose tons of points per loss.
A similar problem exist with the individual demigod rankings. I'm not sure if it takes into account all games played or just those of the current epoch but it is equaly misleading.
This makes the Pantheon ranking of no earthly use.
But, why does everyone start at a base of 1000 points, if a different experience-points base will get used for calculating the win/loss amount of points. Sorry but, that is absolutly silly.
And if the Overall Ladder exp-points are the base for the calculation of Pantheon, why did I get less points for the same game at the Pantheon ranking than at Overall ranking.
Happened again yesterday played 5 Pantheon games, 5 wins, won Pantheon ranking points 10, won Overall ranking points 128.
Looks like I have to win more than hundred games (and no loss) to get up in the Pantheon ranking, while a beginner has to win just 2 games to get in top 10. INSANE