Archive for December, 2019

Hole In One Contests: Here’s How It Really Works

Sunday, December 22, 2019

Hole In One contests brings many questions to the surface. You may have wondered, how are golfers even able to make a hole in one. Or how are tournaments able to give away huge prize amounts for their winners? These questions are common but commonly misunderstood. So we want to break down how a hole in one contest really works so there is no confusion. By understanding how it works, you can have a better understanding of how you can use this popular contest to work for your advantage during your next tournament.

What Is A Hole In One Contest?

Hole in one contest is usually held during golf tournaments as an additional contest. The contest is featured with a big prize to build excitement for golfers to participate or to gain profits. The tournament organizer uses prize insurance to cover the expense of the prize if a lucky golfer happens to make an ace.

Contest Prizes

Your hole in one coverage provider assumes the risk associated with offering a valuable prize at the hole in one contest in return for a modest fee. This gives you more flexibility when it comes to selecting a prize. Typical prizes include the obvious like cash, cars, and trips. Some contests give away boats or even college tuition. It all depends on your tournament and it’s the theme. For charity events, they may choose to do a 50/50 cash split where half of the money goes to the winner and the other half to the designated charity. 

With US Hole In One, the only limitations to follow when selecting a grand prize are that it must have an actual, known dollar value and its value cannot be greater than $1,000,000. Otherwise, the choice is all yours!

The Set-Up Process

Before you get started with setting up a hole in one contest, it’s best to speak to your coverage provider to make sure you understand the process. By the end of our conversation, you can also have an exact price quote and an application for your contest.

To calculate a price for your hole in one package, please be prepared to provide these three standard pieces of information:

  1. The Number of Golfers
  2. The Distance of the Par 3 Hole
  3. The Value of the Hole in One Prize.

You then fill out an application and wait for processing and confirmation.

How Much Does It Typically Cost?

With US Hole In One, our prize packages can cost anywhere from $180 and up. 

What’s Included?

Some coverage providers like US Hole In One will include free signage to go with your hole in one contest. No need to go to a local print shop to supply signage. 

Marketing A Hole In One Contest

Now that your contest is set up now what? You are probably wondering how you get golfers interested in registering for your tournament. The reason why Hole In One Contests is so popular is that they promote themself. If you hold a contest with a huge prize like $50,000 cash or a sports car, golfers tend to be interested instantly.

During The Hole In One Contest

While the hole in one contest is occurring you want to do a few things to make sure your event is properly following your insurer’s guidelines. 

First and foremost, make sure that the contest signage is placed at the appropriate hole(s). 

Secondly, make sure that all of your golfers are covered. If you end up having more participants than you purchased coverage for, you must let your insurance provider know. They can typically adjust your coverage all the way up until the first tee shot is struck.

What If I Get A Winner?

If you have a winner for any of your contests, you must notify your insurer. They can then issue the appropriate paperwork. The prize is usually issued within approximately 3-4 weeks.

We hope this quick overview of a hole in one contest answers most of your questions. For additional questions, it’s best to give us a call (888-882-5440). We can help you through the process of purchasing hole in one insurance. 

How To Add Excitement To Your Annual Golf Tournament

Sunday, December 8, 2019

Set the date, contact golf course, assemble sponsor packets, create media packets, and the list goes on. These are typical tasks involved in your annual golf tournament. But with the new year soon ringing in, it’s time to put a spin on your annual golf tournament. Shake things up and take a different approach this year to planning your tournament. Annual doesn’t have to mean boring. It’s time to offer something a bit more tempting to your golfers, to draw them into the event and to keep them coming back year after year. And our list of contest additions is a great way to do just that.

$1 Million Shootout

Is there really a $1 million grand prize? Yes, there is! There are stipulations on how to qualify, but your participants can win a cool million by hitting an ace! We would describe the contest more, but we think that the prize speaks for itself. 

Putting Contest

Many of our customers want to take advantage of the putting contest, perhaps to sell some additional raffle tickets or just to extend the event longer. A putting contest will get people involved. Choose between a 40ft or 50ft putt, either way, you are sure to inject some excitement into your next golf tournament.

Dice Roll

Select four lucky golfers from your event and offer him or her the chance to roll the dice and spell “C-A-$-H.” You can even add a preliminary contest to narrow down your golfers to four. For example, the golfers with the longest drive have the opportunity to roll for cash!

Golf Ball Drop

Through our sister company Interactive Promotions Group, you can add a Golf Ball Drop to your tournament. Contestants will each be assigned a numbered ball and those balls will be loaded into a helicopter or onto a crane and released above a designated target. Prior to the start of the contest, IPG will select a predetermined winning ball number and if the ball that lands closest to the target matches the preselected winning number then that person becomes a winner. This contest is guaranteed to grab the attention of your golfers at your next tournament.

We hope that you can now see that there is more to golf than swinging a ball off of a tee year after year. Give your golfers the chance to swing for top prizes at little cost to you. Speak to one of our representatives at 888-882-5440.