I organize golf tourneys and run a league, here are a few ideas:
Assuming your group has a wide range of handicaps.
Have Closest to the pin on Par 3’s
Have a closest to the pin (2nd shot) on a couple of Par 4’s
Have a couple of longest putts (made) on different holes
Use a modified stableford system for point scoring – with handicaps – I generally use 80% of each persons handicap to reduce sandbagging
If you have each person put in $20, you can then split it amongst the prizes.

I also put on a alternate shot tourney – you all play the first 18 hole round then after the round you determine partners based on the previous round. You play alternate shot with both balls and write down the score of the lowest ball. This way everyone gets to play a full round of golf. Again, collect X amount of dollars and then pay out the 1st 2 places if you only have 8 people.

Within each 4 some, we play a game called WOLF. You can get information on the web about the game. It is a great game if all 4 players have similar handicaps.

Hope this helps.

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