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Raising funds with a Race Night
There are many revenue streams that come form a charity race night event such as.
Entrance Ticket or Charge
Programme / Race Card Sales
Sell Ownership of Horses
Sell Sponsorship of Races
Sell Programme Sponsorship
Tri cast or forecast betting
Tote Double bets
Tote Betting on the Night
We have an information sheet that has proven useful to many of or first time organisers, this is available free of charge with all bookings.
This is what we usually recommend as a minimum if the reason for your race night is to maximise funds raised.
1. Get local people such as business to sponsor a race in return for advert on race card and a mention on the night of the event.
2. Sell ownership of the horses offering a prize to the winning first place owner.
3. Charge an entrance fee
4. Sell race programmes or race cards
5. Have the usual raffle
6. Don’t forget you are profiting from the bets taken on the night as well!
Take a look at the example to your left, this should give you an idea of what could be made for your cause with a little bit or organisation and work on your part.
Race Sponsors x 8 = £200
Owners by 64 = £320
Entrance by 100 = £300
Programme sales = £ 50
Before evening revenue!
Betting on the event
The maximum split is usually 50% to the charity and 50% paid back to winners.
So £100 take would be £50 to the charity funds and £50 split between winning tickets so let say 10 winners that would be £5.00 won per ticket.