When designing ordered rankings (sports, gaming, even dating), the Elo Rating System in chess has proven very useful.
FIDE has tweaked the original rating scheme over the years, but in its current form it is:
And a 50/50 chance for either player winning when they have equal ratings:
After a given outcome has occurred, the formula below is used to update each player’s rating is:
This updates a player’s rating given: current rating
Some new variables that require definitions: