The complete nitrogen cycle has 3 steps.. ammonia --> nitrItes --> nitrAtes --> harmless gas.
Bioballs can only complete the first 2 steps... With the high volume of oxygen available, the wet/dry method is very efficient at growing the bacteria to reduce ammonia into nitrItes, then into nitrAtes. However, this leaves out an important last step of turning the nitrAtes into a harmless gas....
The best method is to provide 1 - 1.5 lbs rock per gal of water (sugar fine aragonite sand as a substrate works also); Remove the bioballs (slowly over a several weeks) and let the rock/sand take care of the entire nitrogen process. This method can complete the last step (nitrAtes -> nitrogen gas) because the rock/sand provide the needed anearobic (no oxygen) area for the special nitrAte eating bacteria to do its job.