Competition Prize split.

[Senseicads]

Just wondering how everyone else's club do this? found out the exact split for ours today. So the club skim 30% of all money straight away. Then the remaining 70% is split 50%, 30% 20% between the top 3 places. But only up to a maximum of £50 for first place. We have been told that this is the maximum we can earn as an amateur but not sure of the veracity of that statement. everything else goes to the club. I think that money put back into the club is used for the end of year presentation evening and for the engraving on the board comps and to provide team uniforms for the various club teams. Is this a normal way of doing things? The £50 limit seems a bit rubbish if there are a lot of entrants into a competition but like I said not sure if this is a standard thing at golf clubs?

Cheers

 

[fundy]

Our is just 25/15/10 for each of the 3 divisions in the medal

Other comps we do as one comp not divisions, usually pay out as above or 20/10 to each in pairs comps

Everything else goes into the pot to pay for handicapping software, updating boards, trophies and engraving for presentation evening.

Not about the money is it?

 

[Senseicads]

nah it's not about the money, I think I was more intrigued by the £50 limit as an amateur as we've had some big competitions where there would have been a lot of prize money in the pot and it was limited to £50. Not talking about board comps here just your run of the mill monthly SF comps.

 

[fundy]

nah it's not about the money, I think I was more intrigued by the £50 limit as an amateur as we've had some big competitions where there would have been a lot of prize money in the pot and it was limited to £50. Not talking about board comps here just your run of the mill monthly SF comps.

yeah the fifty quid limit is definitely not true, can win upto 500 as an amateur

http://www.randa.org/Amateur-Status/MainRules/3-Prizes/SubRules/2-Prize-Limits

 

[Deleted member 16999]

60% of Comp takings go on prizes, 40% to Captain for end of season prize giving, team matches etc.
Bigger the field, the bigger the prize, I believe £50.00 limit is for cash prizes only for amatuers, we don't get cash, only vouchers.

 

[Deleted member 15344]

All our prize funds are paid out in vouchers to be used in the shop

That way you don't have to worry about prize limits

 

[Senseicads]

Yeah we only get vouchers in the pro shop too.

 

[patricks148]

i'd be interested to find out what the split is.

I won an open a couple of years ago that had over 250 entrants all paying £20 an i only got £90 for winning my mate got 3rd and got £30

 

[Coffey]

i'd be interested to find out what the split is.

I won an open a couple of years ago that had over 250 entrants all paying £20 an i only got £90 for winning my mate got 3rd and got £30

I won an open last year that had 260 entrants all paying £3 and £2 into the 2's pot. Only got £45. So that's £750 with £45 to the winner, pretty sure 2nd was £30 and 3rd was £20. So where is all the other money going?!

 

[Deleted member 23270]

Not sure how it works in foreign countries like Scotland and N. Ireland etc but in England most opens have the prizes advertised up front ie. Voucher for £250 to the winner etc.

These stories above about opens costing £3 etc (where the hell are they?!?!?) and keeping the money sound a bit wrong IMHO

 

[patricks148]

Not sure how it works in foreign countries like Scotland and N. Ireland etc but in England most opens have the prizes advertised up front ie. Voucher for £250 to the winner etc.

These stories above about opens costing £3 etc (where the hell are they?!?!?) and keeping the money sound a bit wrong IMHO

when i say open it was a single stroke play event, not a better ball or TS where i have seen prizes advertised before the event.

 

[Deleted member 23270]

I won an open last year that had 260 entrants all paying £3 and £2 into the 2's pot. Only got £45. So that's £750 with £45 to the winner, pretty sure 2nd was £30 and 3rd was £20. So where is all the other money going?!

£655 to 4th place?

 

[jim8flog]

In our Seniors its £3 entry including twos about 90 entrants most comps 3 divisions £25 £15 an £10 in each division Holes in in one are paid for by the Seniors section. Any surplus goes in to the Seniors Funds which fund projects at the club, charity donations, towards free booze at the Christmas dinner and free food at the Seniors AGM.

In club comps a small percentage goes to the club to cover admin and trophy costs the rest goes in prizes, again 3 divisions with 3 prizes per division with a prize for lowest gross.

Most I have one for a Saturday comp was £76 including a lowest gross prize. All monies are credited to our proshop account.