I have gathered data on a set of certain contests. The contests are in the form of single-elimination. That is, there are $2^n$ competitors in $n$ rounds. In each game, two players face each other, and the loser gets eliminated, until only one player remains who is the winner.
Now, the data I have is of multiple such contests, taking place annually. One caveat is that once a player wins, they don't play in these contests anymore. I want to ask for recommended rating systems for such a contest.
I considered Elo Rating System, but as some winners play less matches than those who have never won, and Elo depends more on matches won, it wasn't as effective.
I didn't understand Glicko, but I feel this won't work, as well.
I currently just use the victory percentage, which I calculate as $S=100 \times \frac {1.0\times v + 0.5 \times d} {m}$ where $v$ is victories, $d$ is draws and $m$ is the number of matches.
One thing is that the players get a score in each match (which generally ranges from 100 to 10000, but isn't limited by anything), which I think can be used in some way.