Witout rules hanicaps mean nothing. The guys I mostly play with play what they call "Gentlemen Golf". That is 2 off the first, roll the ball in the fairway, 3ft gimmies, etc.
Then at the end of a round they end up with a 93
.
Personally I play the game as it was intended, take the penalty stroke, have to chip out from under the tree, putt the ball into the hole, and write down my score. Whatever it may be. Even though when I play a great hole and someone I'm playing with hits in the water, 4 putts then tells me bogey.
I know.