Are you looking for a fun and interesting fund raising ideas? Then a race night could be the solution to what you are looking for. As we all know coming up with new and unique events to boost funds for your club is often challenging.
A unique idea for a fundraising event that you may not have done for a while or even considered,is a racenight. To give you an idea many of the customers that use our racenight services earn over £5,000 per event. For a new an interesting fund-raiser a racenight is very easy to organise. This means that if you have been let down and you are organising an event for this evening this could save the day!
We have been organising charity fund raising idea for many years now, in the UK, Australia and America. The cost of shipping is so great now it has become the lion share of our costs. Therefore we now have you an on-line fund-raising event available to you.
To organise this fund-raiser you will require a room or hall for the event, a computer (unfortunately this service only runs on Windows PC not Mac),aprojector connected to your computer, a sound system or PA for the MC/Compere to use, and some willing helpers. Everything you require to run your fund-raising event is fully downloadable from this website.
So how do you go about maximising your fund-raising efforts?
There are many ways to increase the income of your event. On the day, you can make money by selling entry tickets and on the betting. To give you an idea of the income you can receive, you can charge £5 or $5 for entry, and if we assume you have 100 people attending your event, that would give you £500 or $500. In terms of betting, if every customer has one bet on each race (£1 or $1) and you run an 8 race event,(let’s make an assumption that you take 50% for your charity – you can set this amount at whatever you like but a maximum we recommend is 50%) that would give you an income of £400 or $400. This will give you a total income of ‘gate’ money and betting, of £900 or $900. That’s just on the day!
That’s not all! You can also make money from additional bar sales at the club and also run a charity auction as well. That is just things you can do on the day!
You can do things prior to the event to make sure your evening runs at a profit. A great example of this would be selling horses on the racecard. I can hear you asking what does this mean?
Let me explain….. In your area, I am sure there are local businesses that would be more than happy to provide one of their services for a sponsorship prize. Let’s say for instance a local restaurant gave you a meal for 4 with wine. They can sponsor the first race so it would be for example, The Billings Restaurant Charity Cup. You can call the races and the horses anything you like, as all of our races are called by number and not by name. Therefore we have the meal for 4 as the Owner’s Prize, you then sell the 8 horses in that race for £20 or $20 each. This would give you an income of £160 or $160.
The Owner can call the horse anything they choose. If they have a favourite football team or name it after themselves, that’s absolutely fine! Once the race has been run and the winner’s announced, the winning owner then receives the meal for 4 as a prize and your organisation gets to keep the £160 or $160. As you can see, this could be a great money-spinner prior to your event. This would ensure you cover all of your costs before you even open the door! The great thing about selling horses or pigs prior to your event is that you can ensure you maximise your fund-raising income. If you were to sell all of the horses in an 8 racecardfor £20 or $20 each, you would make £1,280 or $1,280 before your event even started! The reason is that when you are selling tickets for your event, if somebody cannot actually attend your event, they can still give funds to your organisation by sponsoring one of the horses. Therefore you are ensuring maximum return on your idea.