Hand Reamers have a longer lead in taper than machine reamers, so may not ream to size asd ar down a blind hole.
A Machine Reamer will have a Morse taper shank, so should be held more accurately in the Tailstyock.
Holding a hand reamer in a drill chuck in the Tailstopck, or the spindle of a Mill, leaves you open to whatever eccentricity there is in the drill chuck.
An off centre reamer will act like a boring bar, and remove more metal on one side than the other, leading to an oversize hole.
A Hand Reamer can be centred more easily by locating the end with a centre in the tailstock of the lathe