What is a knock out tournament ? Mention any two advantages of knock out tournaments.

Knock out tournament is the tournament in which a team which is once defeated, automatically gets
eliminated from the tournament. Only the winning teams continue in the tournament.
Following are the two advantages of knock out tournament :

(i) (ii)

The knock out tournaments are less expensive due to the automatic elimination of the defeated team. Knock out tournaments require minimum number of officials for the smooth conduct of tournaments.