what do you mean by knock out tournament
Single-elimination tournament A single-elimination, knockout, or sudden death tournament is a type of elimination tournament where the loser of each match-up is immediately eliminated from the tournament. Each winner will play another in the next round, until the final match-up, whose winner becomes the tournament champion. Each match-up may be a single match or several, for example two-legged ties in European football or best-of series in American pro sports. Defeated competitors may play no further part after losing, or may participate in "consolation" or "classification" matches against other losers to determine the lower final rankings; for example, a third place playoff between losing semi-finalists. In a shootout poker tournament, there are more than two players competing at each table, and sometimes more than one progressing to the next round. Some competitions are held with a pure single-elimination tournament system. Others have many phases, with the last being a single-elimination final stage, often called playoffs.
Masters Tournament The tournament has a number of traditions. Since 1949, a green jacket has been awarded to the champion, who must return it to the clubhouse one year after his victory, although it remains his personal property and is stored with other champions' jackets in a specially designated cloakroom. In most instances, only a first-time and currently reigning champion may remove his jacket from the club grounds. A golfer who wins the event multiple times uses the same green jacket awarded upon his initial win (unless he needs to be re-fitted with a new jacket).[5] The Champions Dinner, inaugurated by Ben Hogan in 1952, is held on the Tuesday before each tournament, and is open only to past champions and certain board members of the Augusta National Golf Club. Beginning in 1963, legendary golfers, usually past champions, have hit an honorary tee shot on the morning of the first round to commence play. These have included Fred McLeod, Jock Hutchinson, Gene Sarazen, Sam Snead, Byron Nelson, Arnold Palmer, Jack Nicklaus, and Gary Player. Since 1960, a semi-social contest at the par-3 course has been played on Wednesday, the day before the first round.