I think it depends on what time period we are talking about for the elites. Is it all elites during the time of the covenant? If so I feel like they would have the equipment to win. Even if the other covenant species did not get involved.
But isn't the "current" elite society in shambles? From what I have read, they barely have the equipment to defend themselves and can't really maintain what they do have. I might be wrong though. I've been out of the loop with halo lore since around halo 4.
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It's before the weird redneck elites and it's also just the elites. In regards to weaponry it's fairly even it's just that elites have multiple versions of let's say a plasma rifle but the predators have one but they do the same thing. To me this is a pretty even match up