Harry Vardon at the Chicago Golf Club, and he won by shooting 313 (79-78-76-80). Vardon also won 70 exhibition matches that year. In 1913 he finished in second place, losing to amateur Francis Ouimet in an 18-hole playoff necessitated by Vardon missing a putt on the final hole of regulation. Vardon shot eight-over-par 304 (75-72-78-79). Ted Ray also was in the playoff, but shot himself out of contention by shooting 78. In the playoff Vardon shot a 77 while Ouimet shot a 72. The event was played southwest of Boston at The Country Club in Brookline, Massachusetts, across the road from Ouimet's
Harry Vardon Trophy is calculated in euro, although many of the events have prize funds which are fixed in other currencies, mainly pounds sterling or U.S. dollars. In these instances, the amounts are converted into euro at the exchange rate for the week that the tournament is played. The award was created in 1937 as the Harry Vardon Memorial Trophy. In its first year the award was presented to the player with the best average in the major stroke play events. Seven events were used: Daily Mail Tournament, Silver King Tournament, Dunlop-Southport Tournament, Southend Tournament, Open Championship, Irish Open and News Chronicle Tournament.