Photos on Mac - organization question

I take a lot of photos and videos of volleyball and my Photos library is huge, about 777 GB. I finally took the plunge and I'm now using the iCloud Photos Library.

Just discovered something about how I've been using Photos. When I take photos with my camera and import the images from the SD card into Photos, I will sometimes import them directly into a new album. This album will contain everything on the card. I will then go through the photos and decide if each photo is worth sharing, making adjustments along the way. Thus, I have felt the need to create a separate, final album to do this and then delete the unwanted photos from it. Thus, I will end up with two albums for the same volleyball tournament - one with all the photos and one with just the photos that made the final cut. Is there a better way of doing this? Do I continue making two albums and just give them different names? Maybe make one a sub-album of the other? I DO think it's helpful to have all the photos grouped together in case I want to revisit the ones I rejected.