“Who is stronger?” – Might versus Magic.

The draft of "your" factions takes place every round, immediately before each game, following a 1-2...2-1 pattern.

The rules don't specify which player drafts first, and it might make sense to draft one race at a time.
Also, I understand that there won't be a traditional playoff stage in this tournament, which might make the list of finalists too predictable. :)