Unfortunately, that's a poor comparison.
Overclocking is not run in annual competitions. It is an ongoing single competition. There is no 2003 winner or a 2013 winner. Any submission you make competes directly with those submissions from last year and all of the years prior. There is only one gold medal held at a time, even if it was submitted back in 2003. In sports, there is a gold medal handed out every year, so the only time you're competing with previous years is for world record. If you tie the world record, you will receive recognition, even if it was set 10 years earlier. You will be listed as a co-holder of the world record; you won't be listed in second place or as runner-up.
Speaking of sports, if two people tie, they both receive the best position, even if one person received the score earlier in the competition.
For example:
1st: 5:00 - Gold medal
2nd: 5:01 - Silver medal
3rd: 5:03 - Bronze medal
3rd: 5:03 - Bronze medal
5th: 5:05 - (no medal)
Both people with the bronze medal would take the stand.