What's Wrong With the Elo System?

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Want to know an expert statistical opinion about which FIDE-strength players you should avoid facing? The Elo system is supposed to be fair toward players of all strengths, but Jeff Sonas sees major problems with the current state of the FIDE Elo rating pool, and it's getting worse each year. It will take multiple articles to walk you through the analysis, but here is chapter one of the story.
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