How does CS GO competitive ranking work?

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Tags

1. #called
2. #essentially
3. #round
4. #based
5. #treated
6. #match
7. #system
8. #average
9. #matchmaking
10. #always
11. #teams
12. #chess
13. #points
14. #winning
15. #rounds
16. #losses
17. #ranking
18. #depend
19. #ranks
20. #competitive