Where does the money go?

On the daily tournaments, entry fees are $20 for Tuesday and Thursday and $10 for Wednesday and Friday.  These fees are mandatory for play.  We do allow guests to play for a $5 guest fee.  This fee also applies to new members while they establish a handicap.  This guest fee does allow the guest to compete for closest-to-the-pin on the par 3’s.  

The Breakdown: For Tuesday & Thursday Only

At the beginning of each year there is a $30 annual membership fee to be a Tuesday or Thursday member with a $10 discount for joining both days. (i.e. $50 total) These charges become half after June 1st of each year.   

Of the $20 collected on Tuesday and Thursday, essentially all of it pays out to the members during the daily and yearly tournaments.  Less than 1% of the money is used for expenses incurred running the daily tournaments.

1. $2 goes to the CLUB pot. While this money can be used for legitimate club expenses like supplies and bank fees, it is a principal source of funds for the annual three-round tournaments discussed elsewhere. 

2. $10 goes into the tournament PRIZE pot which pays 4 places for each flight.   40%-30%-20%-10% of the prize money collected.

3. $2 goes into a BONUS pot that boosts the winnings of first place in each flight.  ($2 times the number players in the flight.)  If two or more people tie for first place, this bonus pot is divided equally.

4. $4 goes into a SKINS game (winning a hole outright—no ties). The total number of GROSS SKINS (without handicap) and NET SKINS (with handicap) evenly split the money collected in the skins pot.  Frequently a player will win both the gross and net skin for a given hole.  Because the number of winners varies greatly from tournament to tournament, the value of a SKIN can also vary greatly.  SKIN value typically runs from $10 to $25 each, but has been known to hit $40 and higher some weeks.  Usually, a birdie or better is needed to win a gross skin, but depending on handicap, a par or bogey can win a net skin.

5. $2 goes into the Closest-to-the Pin pot.  Typically, there are 4 par threes on each course.  So, if we have 40 players, each of the Closest-to-the-Pin winners would win $20. (Some courses have 3 or 5 par threes which would pay $27 or 16 in this example.)