How does a race night work?
If you are running a race night event to raise funds you might want to sell tickets. Ensure that people understand the purpose of the event is to raise money for good causes. If you are charging for tickets, you may also wish to consider putting on something extra like a buffet to make the ticket price more attractive.
Another simple option for raising funds is to sell ownerships of the race runners. With eight races and eight runners in each race, you have a total of 64 runners to sell and you determine the price of each horse ownership. If you sold each runner for £5, you will have a total of £40 per race (8 runners x £5). The winning owner of each race can then receive a percentage of this total (or a prize donated by a sponsor) leaving the remainder to go towards your charity or good causes. This simple concept works as a mini-lottery draw where each entrant has a one in eight chance of winning. If you have many prizes then you can sell each horse more than once – great for raising extra money and the owners of the horse all get a prize!
All tickets are provided! When the tote desk is closed we work the payouts as a fair split between proceeds for the winners and proceeds for the charity – we do all the complicated stuff for you!
Once we have worked out and announced the payout, the tote staff can pay the winners on receipt of their tickets. Another great idea is to ask people to write their name on the back of their losing tickets and place them into a bucket or raffle drum. At the end of the night, you can hold a raffle for all the losing tickets. This encourages people to buy more tote tickets, because even if they lose they still might win something! |