After seeing several topics and posts of people whining about the pvp timer, you are failing to understand the devs know that not having a timer opens a door to top players being able to exploit a way to insure that you cannot be bumped down from your current placement.
Imagine you are in the top 10 and there are 30 minutes left before payout, all you have to do is start a match and never attack, if your match has no timer then no one else can challange you or who ever your fighting, which also makes it possible for players with mulitple accounts to fight their self if they are in first place, assuming they're on the same server and both in top 10.
So you need to understand that with the current style in the fighting system, a lack of a timer would cause a complete loss of any fair chances for players to get bumped out of high ranking places if the high ranking players dont want to be bumped. I for one would be happy making it to 5th place with one battle left, selecting any available player and setting my tablet down until payout happens, and you know many others would too.
Look, good against pvp is one thing, good against the living, that’s something else.