He's full of shit, if people bet on it, then it counts. That show produced 2 of the UFC's top 10 fights of the year. He wasn't the one who came up the pickems, so who is he to make/change rules? If people bet on them it counts, reguardless if it's UFC/Elite/M-1/UFN/WEC. (even if there is only a couple people who bet on a show).
The whole point is putting yourself to the test against the other guys on the board, now most people dont give a shit about every fight under the sun, in fact only you do, thats why you and only you bet on the complete card for Yarrenoka, I bet you feel really good knowing that you won against - well nobody?
Whether that card produced good fights or not is besides the point. People were not interested.
You might as well put your bets on a piece of paper and stick it on your bathroom mirror. Feel free to keep on betting with yourself as much as you want, but it's not gonna be anything official on the MMA board.