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Ways to Raise Funds From Your Race Night

              

 1. Entrance Ticket: All admission must be by pre-paid ticket. The cost of the ticket should be reasonable, since you want to attract as many people as possible. Nevertheless, you should price the ticket so that as much of your start-up costs as possible are covered, such as food, fee for the venue, printing, Race Hire and the costs of any other activities (e.g. Disco).

2. Sponsorship: Approach local businesses and other suppliers and ask them to sponsor one of the races for some nominal sum, i.e.: £10. In return, the sponsor will have their name on the race card and receive exposure to a room full of potential customers.

3. Horse Owners: Encourage guests and other interested parties to buy a horse for a small sum (e.g. £5). When you sell 8 horses x £5 = £40. The owner of the winning horse will then receive £20 or a prize to the value The rest of the money received from horse owners is retained by the host organization. This can ensure that you start your Race Night in profit. This will also encourage owners to turn up on the night to see their name on the race card and how their chosen Horses perform.

4. Race Card: To add a professional touch, you should have a race card, however simple or extravagant. This will list all the Race Sponsors and Horse owners. By selling each Race card, you are also providing the audience with the chance to win in a number draw later in the event. We supply a Microsoft "word" template with our Horse names so that you can easily produce and print an authentic race card. Amusing results can be expected by displaying the on-screen race card with "form", in conjunction with your race card and the "Horse owners". You can of course delete our Horse names and use your preferred Horse names.

5. Forecast Sales: This is an exclusive concept where the host organization can make 50% profit and still give a good return to the winning ticket holders.

6. Tote Ticket Sales: This is the main activity. The audience are able to buy as many tickets as they like for each of the 8 runners in each race. The host organization is entitled to retain a significant share of the total ticket money staked for each race. We would suggest 25% to  50%  is about right. There is no limit on this or on the cost of each ticket or on the amounts of tickets that your audience can buy. The more the merrier for all concerned.

7. Auction / Raffle Race: This can produce a very good result. The MC can auction each horse in the final race to the highest bidder or a fixed sum can be set. The owner of the winning horse will then receive maybe 50% of the total monies received for that auction. the remainder is retained by the host organization. With a good MC and a responsive audience, the sums collected on this race can be encouragingly high. The Raffle Race requires the audience to buy tickets for a "star prize". From the tickets sold, 8 are drawn out at random and awarded a horse in the next race. Whoever owns the winner, then receives a prize (a bottle of wine etc).

8. Bar and Drink sales: The bar will have a busy night and, in some instances, the major reason for a Race Night is to boost bar sales.

9. Sundry Raffles and Tom bolas: Racing offers ideal opportunities for other activities such as Tom bolas, Raffles, etc, all of which can contribute to the fun and profit of the event.

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