A couple of questions about handicap and rating

If we’re going to evaluate ranking/matchmaking systems, it’s important to have some idea of what the goal is, and just saying that you are targeting a win rate of 50% (or close) is not enough, is it? Assigning ranks completely randomly gives you a win rate of 50%.

If the ranking system predicts a 50% winrate for some game, does its outcome actually tell you anything about the quality of that ranking system?

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