Race Night Tote Calculator Download

How to run a Race Night?

A race Night consists of 8 to 10 races, attendees receive a race card upon arrival listing all the race information. They can then place bets on the horses and receive tote tickets.

Race Nights are covered by The Gambling Commission Act, all monies raised must be given to a worthwhile cause e.g. a charity.

No part of the race (e.g. the form guide) can be shown until after all the bets have been placed on that race.

What you'll need to put on your very own Race Night.

• Venue
• Race Night Package, digital versions available (Available to hire online or buy on Amazon)
• Tech (TV/Projector, DVD player if you have bought a DVD)
• Tables
• Race Cards
• Pens
• Paper/ Betting Slips
• Prizes
• Microphone
• Calculator

1. The Venue

The best way of obtaining a venue to host your event is to find somewhere with plenty of space.. Get in touch with the management of the venue ( pubs, sports halls, town halls) and explain to them that it is for charity, many venues are far more generous once they know about the cause so make sure to mention Alex TLC.

2. Entrance Fee

£3 but £5 is a reasonable price especially if you are having to cover the cost of a hire fee on the venue.

3. Sponsorship

Ask any local businesses to sponsor a race and perhaps name your races after the a business that has provided sponsorship.

Naming your horses.

Use the names provided on the race card or alternatively ask people to buy a horse and ask them to give it a funny name. If this is arranged prior to the event, it can be put on the race card, however it can be arranged on the night and the names announced by the host. Anything from £2 to £5 is usually a fair price for a to name a horse. However, for every time that a horse with an 'owner' wins a race you will have to provide a prize. You could therefore sell horse ownership like raffle tickets and ask people prior to the event to donate prises for this so called 'raffle'.

You can also do the same for jockeys if you have enough prizes.

5. On the Night

• Bets
• The odds of each horse are predetermined and all bets cost the same amount the price of the bet is up to you, the usual cost is between £1 and £2 (keeping things in whole numbers makes it easier for you).
• The odds do not determine the size of the pay-out as all bets are a Tote Pool. This means that the winnings are shared equally by each person who bet on the winning horse.
• Half of the money bet on each race will go to the charity (this must be made known to all attendees and written on the race cards).
• The rest of the money is shared between the winners.
• For example, if bets cost £2 and 50 people bet on Race 1, and there are 10 winners, then Half of the money (£50) goes to the charity and the other half is divided between the winners so £5 each.
• Bets should close a few minutes before the showing of each race.
• Bookies
• You will have to prearrange for volunteers to help with this.
• For every 25 people attending it is sensible to have one bookie.
• Make sure they have a float with plenty of change before the night begins and a good basic understanding of maths. A calculator is definitely preferable.
• Host
• You will have to get someone to act as Host for the night. You can do it yourself or ask a friend who is good at speaking in front of people.
• This job requires them to announce each race, explain how the betting works and tell people when betting is open and closed.

If you have any questions and would like help putting on a Race Night, feel free to email matthew@alextlc.org and he will be willing to give you as much help as possible

Source: https://www.alextlc.org/get-involved/fundraise-for-us/how-to-run-a-race-night/

Posted by: roycemcglostere0191501.blogspot.com