Ok, since Tom wants me to chime in, how can I refuse?
Disclaimers: First, I have not seen Bandon Trails yet. Second, I have no access to the rating sheets of the OGA. Third, I have no knowledge of any adjustments made to the yardages off the card for things such as elevation changes, doglegs or the like.
Yardage ratings are the rating based strictly on the effective playing length (EPL) of the course. EPL is the measured yardage modified for thing like elevation change from tee to green, forced layups, doglegs, roll etc. It may be different between for the scratch golfer than the bogey because one or the other might have to layup or play around a dogleg vs over it. The obstacle ratings are the difference between the yardage rating and the course rating. They reflect the amount of points added for the 10 obstacle types on the course. These values have been calculated by working backwards from the published numbers.
First the back tees
Yardage: 6765
Course Rating: 73.4
Slope 130
Bogey Course Rating: 97.6
Scratch Yardage Rating: 71.7
Bogey Yardage Rating: 94.0
Scratch Obstacle Rating: 1.7
Bogey Obstacle Rating: 3.6
Now the middle tees
Yardage: 6260
Course Rating: 70.9
Slope: 135
Bogey Course Rating: 96.0
Scratch Yardage Rating: 69.4
Bogey Yardage Rating: 89.8
Scratch Obstacle Rating: 1.5
Bogey Obstacle Rating: 6.7
The reason the slope went down was that the Bogey Course Rating didn’t increase as quickly as the Course Rating did (CR + 2.5, BCR +1.6). The reason for this is that the obstacle ratings actually went down for the bogey golfer. Notice that the overall Bogey Rating did go up, just not as fast.
The primary obstacle is the Green Target. Green Target is based on the length of shot to the green and the size of the green. Obviously the size of the green doesn’t change, but the length of the shot can. A bogey golfer hits the ball 200 yards on his drive and 170 on all other shots. If there are holes that are just under 200, 370 or 540 yards, his green target will be large. If there are holes that are between 201-210, 371-390 or 541-560, his green target will be an average of the high and low values to reflect that he might make it 50% of the time. If they are just over 210, 390 or 560, the Green Target numbers will be quite small (2 points) because he has a short shot to a green that he can’t reach in regulation. Since Green Target also affects the Rough and Recoverability and Bunker numbers, a low value will also lower those values while a high value will raise them. So, if there are a lot of holes that cross these boundaries between the back and middle tees, it can have a big effect in lowering the Obstacle Rating and therefore lowering the slope. There are similar transition points for the scratch golfer.
The other factors could be that landing areas are wider from the back tees, topography is less of a factor, water hazards, OB or extreme rough are further from the landing areas, carries are shorter because the bogey golfer can't carry them from the back might have to layup etc.