A man won $50,000, paid for by Hole In One International, after holing a 50-foot putt during a recent fundraising golf tournament.
Reno-Sparks, NV (1888PressRelease) June 17, 2008 - Jeff DeVine of Santa Barbara, Calif. recently won $50,000, courtesy of Chumash Casino, after successfully holing a 50-foot putt during a fundraising putting contest at this year’s 15th Annual Santa Barbara City College Golf Classic.
However, it won’t be Chumash Casino or Santa Barbara City College that has to pay DeVine for his amazing shot. The single-putt contest was insured by the nation’s leading provider of hole in one and putting contest insurance, Hole In One International.
“Golf tournament organizers use putting contest insurance,” explains Mark Gilmartin, president and CEO of Hole In One International, “to add the sizzle of giant prizes to their golf event without having to risk a payout. For just a fraction of the cost of the actual prize, a tournament organizer, or sponsor, can give participants the chance to win anything from a brand new car to a million dollars, and if a lucky contestant holes the shot, the putting contest insurance policy kicks in and the insurance company pays for the prize. We are pleased to announce today that DeVine is our first major putting contest winner of the 2008 golf season.”
According to DeVine, the shot was hardly a winner when he first made it. “It was the end of a long day. Everyone was ready to go home. I didn’t think anyone would have the patience for me to sit back and study the shot, so I said to myself, ‘don’t whiff it, just give it good putt, don’t go short, just give it a good putt’. The ball rolled about 40-feet. I didn’t think it was going in. Then, about 10-feet from the hole, it started breaking and rolled right in and everyone went nuts. I was really excited. I just couldn’t believe it,” explained DeVine.
According to Tournament Director Mike Warren, Athletic Director and Associate Dean of Physical Education at Santa Barbara City College, the putting contest, “has been a huge value add for our tournament. By making it the very last 15 minutes of the day, you get your crowd to stick around to see who will be in it and what happens. This is important if you have a silent/live auction or a raffle going on – as well as for networking with sponsors and boosters. While last year the contestant lipped out his putt; this year Jeff made his, so the putt has really taken on a life of its own.”
Founded in 1991 and headquartered in Reno, Nev., Hole In One International is the nation’s leading provider of hole in one insurance, million dollar shoot-out insurance, putting contest insurance, rain out insurance, and contest and sponsor signs for company, charity, and golf course tournaments.
For more information on putting contest insurance or on running an attention-getting hole in one contest, visit their website at www.HoleInOneInternational.com.