What Is a Race Night?
There are several types of race nights from snails to motorbikes that you can either attend or organise yourself. Though, the race nights are a single day or few day competitions between jockeys and their horses. In Britain, it is amazingly simple to run a race night on your own or delegate the preparation of the event to an event company by buying their race package. If you take part in such fierce competition by either observing or being the planner of the event, you may purchase tickets for your favourite participant from horses to snails with hopes that the player you chose will win the race. Or sell tickets if you are fundraising for a charity cause.
Race night packages offered by a professional business may cost between £39 and £200 depending on the goal of the event, the services like photo and video shooting, the venue, food and beverages, and the number of guests served.
What could potentially be the advantages and disadvantages when considering hiring a professional event planner or investing your time into running the event? Here we discuss some of the main differences between the two options.
- Attention to Detail
- Problem-Solver
- Can Handle Stress
- Delegate Control
- Exchange Cash for Time
- Come to Agreements
Some of the advantages you will benefit from by hiring a professional for your race occasion is that you won’t need to deal with the planning and the preparation of the event. Moreover, race event planners must have solid relationships with stakeholders providing better prices for their customers. On the other side, you may expect to incur extra costs and trust them to do a proper occasion on your behalf. All it matters is the aim of the event.
How Does a Race Night Work?
Perhaps, you’ve never attended one of Britain’s most beloved horse races involving incredible speed. A single race is often completed in 3 minutes. However, deciding which horse to bet may take more time than expected. Particularly, when horses and their jockeys are not known to you, so you cannot judge by their performance. Here we provide 4 simple steps in which a race night is attended. purposes.
- Step 1: Sign-Up for the Competition Make yourself aware of the probabilities of each participant and their real qualities. Sometimes, the fresheners can outperform the most experienced jockeys. Thus, you can win a better prize betting on the unexpected winners.
- Step 2: Receive a Race Card On arrival, guests are supposed to receive race cards and tote tickets. Planners can use computerized tote ticket system to calculate odds and display payout before each race.
- Step 3: The Length of the Event The race night consists of 8 races with 8 horses. Each betting round is between 20 – 25 minutes, whereas a single race lasts 2-3 minutes. Yet, players should purchase new tickets and make wagers in the meantime.
- Step 4: The Award Ceremony After the official end of the race night betting, the participants with winning wagers will share the price. Usually, the organizer determines what % of the profits will be paid out as winnings.
Luckily, competitions of such type often include 8 rounds. So even if you did not guess the first time, you can make new bets and hope for the best. It the end of the race, the percentage of the collected wagers is paid out as a reward while the rest of the funds must be contributed to the cause for the event. However, if you prefer to run your own casino night at home, see our tips on how to deliver the perfect casino evening for charity.
How to Run a Race Night?
So, let’s say that you have a charity cause for which you want to raise funds, but you do not know how to organise a gambling charity. Here are some simple steps to follow.
- Make a Budget – Have in Mind the Sum You’d Like to Collect, the Price per Ticket, and extra costs for food, beverages, and venue.
- Entrance Tickets – You can charge £3 to £5 per ticket if you wish to cover the food and beverage expenses. Keep in mind that the exact number of participants won’t necessarily correspond to the number of sold tickets.
- Find Sponsors – Real-race sponsors may be interested in promoting their business on any crowds. Therefore, it is worth it to try to raise £30 per race for some extra cash.
- Betting Scheme – This is one is of greatest concern to novice fundraisers. You can make your life simple if you use software for this part. Otherwise, you can use paper tote betting tickets with different colours for each race. Commonly, a single betting ticket is sold for £1. Guests can buy as many as they wish.
Here you can see an example of how to budget for the first race where 8 horses are competing, and 82 tickets have been sold in total, accumulating £82 for the charity race night. However, the organiser decides that 50% of the total funds will make the prize pot. Therefore, £41 are divided among the 17 winning tickets from the race.In other words, each winning ticket will receive a pay-out of £2,41. In the end, you will contribute another £41 to the cause. Consider that it is only the 1st race out of 8. So, you can expect to collect between £100 and £2000 for a small- and medium-size event up to 60 guests.
| Horse | Sold Tickets (£1 Each) |
|---|---|
| 1 | 15 |
| 2 | 10 |
| 3 | 6 |
| 4 | 9 |
| 5 | 8 |
| 6 | 10 |
| 7 | 9 |
| 8 | 15 |
| Total Sold Tickets | 82 |
| Total Cash Collected | £82 |
| Total Pay-out (50%) | £41 |
| Total Winning Tickets | 17 |
| Pay-out per Ticket | £2.41 |
| Net Profits (50% from All Cash Collected) | £41 |
Budgeting is simply not enough. You will need to consider some additional details related to the sale, the price per ticket and overall organisation.Therefore, here we provide a few points to remember that will help you prepare better for the evening.
- Have a float of change.
- More than 1 Ticket Seller over 25 Guests.
- The ticket price must remain constant for the evening.
- Provide tickets for each race at a time.
- Each horse in each race must have a unique set of tickets.
Race Night Poster: How to Style
The race night poster should contain valuable information about the event, venue, date, time, organisers, the charity cause, whether there is food and drinks incl, and if there is any entrance fee price to be paid per ticket.
It is beneficial for the design not to be overly complicated so that readers can focus on the essential details like the initiative and the date. Simplicity catches the attention of the reader better, rather than a bombarded poster with pictures and information.
You can also rely on a designer to create your advertising materials or use free editing software online. You may as well need to consider the invitations for already agreed to attend guests.
What Are Some Race Night Horse Names?
Here we give suggestions for some classic horse names to use during the racing night. You can also ask each participant to name their horse. It’s best strategy for small number of participants in a group. Look at some popular horse names like:
- Duster
- Thunderstorm
- Bella
- Bolt
- Victory
- Lucky
- Colt
- Diesel
- Blazer
- Ellie
- Daisy
- Temperance
- Velvet
- Flame
- Fury
Select the name of the horses according to the type of audience you expect. Perhaps, some people may feel put off by some funny names like Bea O’Problem and Dead Slow. It is best to have more famous names and less of the goofy names so that you can appeal to most of the audience tastes.
The Legal Side for Throwing a Race Party in the UK
The Gambling Act 2005 of the UK Gambling Commission declares that there are a few ways in which you can provide legal race nights with horses for fundraising.
Cooperate with a licensed betting operator Find an approved betting operator to run the race at a sports venue like a racetrack. It will require that the owner of the venue notify the local licensing office by requesting an Occasional Use Notice.
The laws state that there is no matter whether the sporting event is held at that venue and if betting occurs at the same time as the racing since the game is organised for meeting non-commercial goals.
All profits, including the difference from the stakes and pay-outs, must be contributed to a charity. The Occasional Use of Notice must be sent in a written form to the local authority before the event and copied to the chief officer of police for the area where the venue is located. The notice must not be used for more than 8 days in a calendar year.
We strongly hope that you enjoyed this article and you found the information useful. Raising money for charity is a noble cause no matter how you decide to actually do it. But if you are a fan of betting, we would like to recommend you a page, dedicated to online gambling sites in the UK that can really offer you a lot in terms of games, bonuses and more.
Frequently Asked Questions
Dear readers, here we take the time to answer some of your most common questions. Perhaps, you are not sure what is appropriate attire for a horse racing night or how much it will cost you to hire a professional planner. Thus, here we take a chance on answering your querries related to the topic. Thank you for reaching the end of this page.
What to wear to a charity race night?
It usually depends on the venue. It is always a good idea to wear something more relaxed in a bar or even at the racetrack. But if you know that it is the type of upscale event with many guests, you would better wear formal clothing like suits, dresses, and elegant shoes.
What happens at a race night?
Better make their wagers at the beginning of the race. Then, everyone watches the competition by supporting the horse and jockey they bet cash on. At the end of the race, you may win or lose depending whether the horse is a winner or a bit too slow to outperform peers.
How much does a race night cost?
There are some variables and services that you may consider like food and beverages, renting a place, recording and photo shooting and the number of guests that you are expecting. Costs can be between £60 package for a crowd of up to 30 and £200 package for premium services.
