IK's peak rating in ODI is 743 points. Kapil's bowler's rating over a big part of his career is higher than IK's peak rating. Ratings do have flaws, but difference is a big one.
Rating trend for both,
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Just a specualtion, but I think IK getting bashed by WI may have costed him lots of points. Against WI, IK' ER was 4.3 and Kapil's ER was 3.6. How you do against higher rated oppositions plays a part.
Here is ranking trend for both,
View attachment 46022
IK best ever ranking in ODI is 5 and pretty much entire career was outside of 10. In contrast, Kapil's highest ranking was 1 and bulk of his career ranking was top 5.
As I said, ranting/ranking have flaws but when difference is massive then it says something about both players. Same rating/ranking looks other way around in the test format with one difference. Kapil spent bulk of his career in test in top 10 while IK spent bulk of his ODI career outside of top 10.
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In context of this tread, Ik being rated high in Test is not over rating it. But in ODI, he doesn't have much to be rated high. He wasn't even top 10 for most of his career during his playing days in ODI format.
Rating IK high in ODI is surely over rating it. I know lots of excuse will starts coming about count only this or count only that or how he missed playing, but when all said and done if you are behind your peer goup in ranking/rating by such a largin margin then you shouldn't be rated high in ODI format.