I can tell you definitively that my bot votes for steemsports, and I vote for them manually whenever I see them too, because steemsports is step 1 towards a full steem predictions market (I actually am not a big sports fan). My intent in voting for them is to give whatever little support I can to an innovative entrepreneurial platform, who I hope will raise demand for the steem cryptocurrency.
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IMO, thats why most of its major and medium sized supporters vote for SS. Probably the minnows are in it for the free monies, but theyre not having a significant impact on payout anyway
I think you're right.