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To help you run a successful night, here is some basic information and some of the frequently asked questions about race night organisation
Q) Race Nights are they legal? Q) How does a race night work? Q) What will I have to organise for the race night? Q) What will I have to do on the night? Q) How many ticket sellers do I need to organise?
Q) How are the tote prices for the horses worked out? A) At the start of the race night, a percentage payout is agreed. The total money collected for each race is totalled and the payout percentage of the total is split between each bet sold for each horse. On the night, the computer operated by the presenter will calculate the prices. e.g. If horse 1 sells 20 bets at £1 each = £20.00 The total sold by the other horses = £100.00 Total money in for race = £120.00 Money for fund raising at 50% = £60.00 Total Prize fund for race = £60.00 If horse 1 wins the race each ticket worth (£60.00 divided by 20 tickets sold) Payout = £3.00 per bet on horse 1
Remember the success of your race night will ultimately depend on the size of your crowd
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