'It's such a hard tournament to believe you're going to keep going because you can run into someone playing well,' said Ogilvy, who pocketed $1.3 million for the win. 'You have to get a bit lucky. I got lucky the first four days, but in the last two games, I played really well.'
Love had 15 feet from the fringe at the fourth hole and missed. Ogilvy had a similar line from 3 feet closer and his putt found the bottom of the cup. The Australian was 3-up, but Love, who was the runner-up to Tiger Woods in 2004, clawed back.
Love, the 1997 PGA Champion, won the sixth hole with a 4-foot birdie putt. The margin was cut to 1-down thanks to Ogilvy pushing a 3-footer to save par at the seventh, or 25th hole.
The match was close again, and the pair halved the next three holes, but Love squandered a chance to draw even. He missed a 9-footer that could have won the 10th and things went badly for Love from there.
At the par-5 11th, Ogilvy hit his second to 6 feet. Love landed in the rough left of the green, but chipped 25 feet past the hole. He missed that birdie try and conceded Ogilvy's eagle to fall 2-down.
Love missed a long birdie try at the 12th, but Ogilvy cashed in from 8 feet to go 3-up. Neither golfer played the par-4 14th well as Love made bogey from under a tree. Ogilvy hit a poor second shot, then chipped 20 feet short in his birdie attempt. Ogilvy rolled in the long par putt to move 4-up with four to play.
Love gave himself a glimmer of hope with a 12-foot birdie putt at No. 15. He knocked his tee ball to the back fringe at the par-3 16th, but had a decent look at birdie. Ogilvy came up 3 feet short with his birdie putt, but Love ran his 4 feet past the hole.
Instead of making everyone putt, Love conceded the hole to Ogilvy earning the Australian his second tour victory. Ogilvy captured last year's Chrysler Classic of Tucson, the event that was played this week on the PGA Tour. Next year's Accenture Match Play Championship will be moving to Tucson, so Ogilvy sees it as a unique opportunity.
'It's like a double defense,' said Ogilvy. 'It's very cool. I get to defend Tucson a year later and this in the same week.'
Love is now a two-time runner-up at this event, but this was his best finish since last year's Booz Allen Classic.
'I'm making great strides,' admitted Love, who battled neck injuries the last few years. 'It's disappointing not to win when you have a chance, especially when there's only one guy to beat.'
Play over the opening-18 holes was not sterling to say the least. The players halved the first 10 holes with nine pars and one birdie - at the par-5 eighth.
On the par-5 11th, Love two-putted for birdie from 40 feet to win the hole and move 1-up. The pair halved the next three holes, but Love let one slip away. He lipped out a 2-footer for par and a win at 14, but maintained his 1-up advantage.
That lead was short-lived as Love made a mess of the 15th. His approach from the fairway landed in a greenside bunker and it took him two swings to get out of the trap. Love missed his bogey try and dropped the hole, squaring the match.
Ogilvy hit his tee ball to 8 feet at the par-3 16th. Love knocked his to 12 feet, but missed the birdie effort. Ogilvy drained his breaking putt to move 1-up.
The two halved the final two holes.
In the consolation match, Zach Johnson was conceded birdie on the 18th hole to defeat Tom Lehman for third place.