Advantages of Knock-out Tournaments:
(1) Minimum number of officials are required in organizing such type of tournaments
(2) Owing to less number of matches,it requires less time to complete the tournament.
(3) The knock-out tournaments are less expensive because the team, which gets defeated, is eliminated from the competition.
Disadvantages of knock-out Tournament:
(1) Spectators may not have enough interest in the final match.
(2) There may be many chances of elimination of good teams in the first or second round. So, good teams may not reach into the final round.
(3) There are maximum chances of weak teams to enter into the final round