How Much Will We Make

This is a question we are always asked and it's a tough one to answer. There are a lot of variables, the biggest one is how much time are you prepared to invest to make the race night a success. But to give you an idea on the earning capability of an event, let's look at a typical eventswith twenty race night guests:-

Sell race night admission tickets. 20 X £1.00 =£20.00

Find race night sponsors for each race. 8 X £20 = £160.00

Sell the race night horses Races 8 X Horses 8 = 64 X £4 = £256.00

Race night betting on each race 20 x 8 x 0.3 = £48.00

Total Race Night Income from 20 clients = £484.00

You can flex these numbers up and down depending upon your number of clients and the amount of race night sponsorship you can get. But this just shows that you can make money with very few clients.

The most important thing with any race night is to get the maximum number of people to the race night. The more guests the more you can make from everything!

Good luck!

Other Race Night Money Making Ideas

1 Race Night - Race Sponsorship

You can sell race night - race sponsorship for, say, £20. This could be a pub, restaurant or a local business.

2 Selling Race Night Programmes

You can sell race night programmes on the evening to generate more race night revenue.

3 Race Night - Horse Auction

Select a couple of races during the race night i.e. the fourth and the last and hold a race night auction. Everyone at the race night can bid for whichever horse they like and the highest race night bidder takes the horse. After the 8 race night horses have been auctioned, your organisation deducts a percentage i.e. 25%. The race is run and the balance is paid to the winning owner.

4 Race Night - Sundry Raffles and Tombolas

In between races offers an ideal opportunity for other activities such as tombolas and raffles. These can contribute to the fun and profit of the race night!

5 Race Night - Bar and Drink Sales

The race night bar will have a busy time and, in some instances, the major reason for a race night is to boost bar sales.

If you have any other race night suggestions that you think our other race night fund raisers would benefit from, then please drop us a note to Email me!