It is a type of insurance purchased by a golf tournament host or sponsor that reimburses the tournament organizers for the cost of awarding a prize in the event that a participant scores a hole-in-one.  Tournaments offer expensive prizes for scoring a hole-in-one because the odds of an amateur golfer hitting a hole-in-one are about 1 in 12,500.  The prize usually promotes a tournament sponsor.  For example; if a car dealership is a sponsor of the tournament the hole-in-one prize might be a new car.  The contract between the tournament and the insurance company will detail several rules about which holes of the course are insured and how to verify that the hole-in-one was scored validly.  There are several variables that affect the cost of the insurance, some of which are the number of participants, skill level of the participants, length of the insured hole and the prize offered. 

If you are organizing a golf tournament, prizes are an integral thing. All different types of prizes are awarded for several different categories of awards.  Some category ideas are longest or shortest drive, longest putt, best overall score, closest to the hole, hole in one, highest team score.  If your tournament is for fun its always good to have gag awards like worst overall score, most golf balls lost, or, always a favorite, worst golf outfit  You should pick several different types of prizes to award to all those who attend.  For family events, be sure to choose prizes for all ages.  Trophies are always a good idea for those who actually rank in the tournament.  Some other prize ideas are bags, t-shirts, towels, coolers, umbrellas, hats, water bottles, golf head covers, ball markers or golf balls.  Putting the name and date of the tournament on the prizes make them fun memorabilia.   

Putting together a golf tournament is a great way to gather friends, family and community together at once.  Everyone participating always enjoys themselves and it is a great way to raise money for charities.  Choosing to sponsor a charity golf tournament is a good business move for several different reasons.  One of the most beneficial things from sponsoring a tournament is all the inexpensive advertising and exposure your business will get.  There will be advertising before, during, and after the event usually with fliers, banners, newspaper ads and on the tournament’s website.  Your business name will also be published in the tournament program.  As a sponsor you can donate cash, prizes and awards, giveaways, food or anything else the tournament might need.  Sponsoring a charity golf tournament shows your company’s support for that organization or cause.  It helps to raise your business profile in the community and shows your philanthropic side. 

Putting your business’s logo on any kind of promotional item or gift is a time proven, effective way to expose your business to existing and future customers.  Golf tournaments are a perfect opportunity because they are laden with free gifts and giveaways.  Tournament Gifts of America has over 400,000 items they can put your logo on.  Whether it be as small as a golf tee or a golf polo your company’s logo will be seen and recognized all over.

As summer kicks into full gear golf wardrobes are bound to need some drastic alteration, especially for those steamy Florida courses. TGA has just added new apparel for the month of May including several sleeveless polo’s for women. There are also several choices for men including some with specially designed fabric to keep you cool and dry on the green. A new summertime golf wardrobe is a good gift idea for Mother’s Day, Father’s day or any other day!

TGA has always been an excellent place to order golf gifts and prizes but they are also a source for so much more. TGA has a wide selection of event tee signs and banners, driving range and putting green signs, golf cart signs, table tent signs, name badges and presentation checks. They are your one stop shop and your low price leader, guaranteed!

Not everyone can be #1 of the tournament and stand up on a podium holding a huge presentation check and a bright shiny trophy, though I’m sure we all wish we could. Yet, since that scene will mostly likely remain a fantasy for us average folk, a nice thing called a recognition award exists. An “you didn’t make it all the way to the top, but you sure tried” award, if you will. It is the type of golf award that can bring a smile to several peoples faces and not just jealous glares at the first place trophy. So, if you are planning on putting together a golf tournament any time soon don’t forget that the awards are what everyone is working for and recognition awards are sometimes more cherished than the 1 ^st place ones.

Yes, goody bags. Golf goody bags are a cheap yet effective gift for any type of tournament you may be putting on. Goody bags can be easily assembled; first start with a tote bag, throw in a few golf ball sets, a ball marker, a golf towel or two, some golf tees, maybe a hat or visor and there you have it! Golf goody bags are ideal for golf giveaways and prizes. Also, if labeled with your business’s logo, a great way to spread your promotional products! Fast, easy, effective and perfect for any gold event; what more could you ask for?

What’s a golf tournament without rewards, right? One of the newest, most popular tournament rewards is an acrylic plaque with a full-color reproduction print background from whatever artwork you supply. Also, a silkscreened imprint in the foreground adds more dimension to the plaque. Plaque size is 8” x 10” x 3/8” and comes with an easel back and wall hanger.

What are you supposed to give to the golfer who’s got everything? Another set of golf balls or golf towels is just going to add to the clutter in the garage, and the closest is already overflowing with golf polos. Here’s the perfect gift idea…. a subscription to Golf Digest. The avid golfer is always looking for ways to improve his game and Golf Illustrated is overflowing with articles that can do just that. A subscription to Golf Illustrated can help improve golf grip, add distance to drives, lower handicap and so much more. The perfect gift for the golfer who’s got everything!