Payout Options
Frequently Asked Questions

HOW ARE PAYOUTS CHANGING?
Payouts are now cash by default.   Members have the option of selecting cash or Pro Shop credit payouts.

WHY DID BVGC CHANGE THE DEFAULT PAYOUT TO CASH?
Cash is more flexible than Pro Shop credit and the Pro Shop can't provide an online or periodically printed credit book account statement.

WILL I STILL BE ABLE TO MAINTAIN AMATEUR STATUS WHEN I RECEIVE CASH PAYOUTS?
Yes!   The USGA has 3 stipulations that allow a golfer to wager on a competition and still maintain amateur status:
  1. The players generally know each other
  2. Participation in the gambling or wagering is not required
  3. All money won is contributed by the participants
BVGC events are comprised of one or more individual tournament competitions.   #1 and #3 are inherent to all BVGC competitions.   In order to satisfy #2, a player can opt out of wagering on any individual competition during sign-up.

HOW DO I CHANGE MY PAYOUT PREFERENCE?
Send an email to tournament.bvgc@gmail.com to update your payout preference.   Players can request Cash, Venmo, Paypal or Pro Shop credit.   If Venmo or Paypal, please provide your username.   A player’s payout preference applies to all future tournaments.

WHAT ARE THE TERMS AND CONDITIONS FOR PRO SHOP CREDIT?
Pro Shop credit may be used for Pro Shop merchandise or at the Iron & Vine restaurant.   Pro Shop credit does not expire.

HOW DO I USE PRO SHOP CREDIT TO PURCHASE MERCHANDISE OR PAY A TAB AT THE IRON & VINE RESTAURANT?
For payment, members give their name with some form of ID and state they would like to use their credit book.

WHAT ABOUT GUEST PAYOUTS?
Guest payouts are cash only.

WHEN ARE CASH PAYOUTS DELIVERED?
Cash payouts are available at any subsequent tournament scoring reception.   Paypal, and Venmo payouts are typically sent within 48 hours of a tournament.   Pro Shop credit is usually applied within 1 week of a tournament.   Unclaimed payout envelopes are mailed to the address on record at the end of the calendar year.