Golf has some odd traditions. Near the top of that list is how players who make a hole-in-one have to foot the bill for the impending celebration in the clubhouse after the round.
This concept, which dates back at least 100 years, is taken to the extreme in Japan. About 40 percent of the country’s golfers—some four million people—pay around $65 USD per year for hole-in-one insurance to receive around $3,500 worth of coverage for celebration expenses.
The expectation is that golfers making an ace should pay not just for drinks but lavish gifts like push carts, rangefinders and more for their playing partners, likely exceeding the insurance coverage.
That level of hole-in-one insurance for individual golfers is not as prevalent in other parts of the world, but it definitely exists. Join a private club in the U.S. and it’s possible, if not likely, that the option exists to pay a small monthly fee that goes into a hole-in-one pool so there are no additional out-of-pocket expenses for the lucky golfer. A lot of clubs make the cost a part of a member’s monthly dues.
Look, I don’t want to be a curmudgeon—making an ace is really cool and it’s a blast to celebrate them. It’s so unlikely (12,500-to-1 odds for mere mortals) that it’s worth making a big deal of every one.