Mr Tufts tells us this about it.
Approximately the equivalent of the one stroke penalty without the loss of distance is the penalty of loss of distance only which was
experimented with in the early 1960’s by the USGA.
Here it is assumed that a lost ball or a ball out of bounds is a question of fact, wholly beyond the control of the player, and that since the player is therefore not in a
position to create an advantage to himself from the situation, a penalty of the...