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When my brother and I were kids, we collected baseball cards, We also had a game called Earl Gillespie's Baseball Game which was simply a deck of cards with play results. We would draft a team from our collection and play games.
After a while we wanted to make sure the Mickey Mantle's of the world hit more homeruns than others, so we bought more copies of the EG game and devised specific card decks to simulate "Star", "Regular", and "Rookie" players - assigning guys like Mantle to the Star deck. This was a similar concept to the novel "Universal Baseball Association" by Robert Coover.
This is "basically" what PT is... collect the best cards you can and play games agaisnt others who have done the same thing. Add in a number of different ways to get better cards, including buying them, and you also turn a profit for the developers.
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