Race Night Fundraising Calculator

Sponsorship

Selling off sponsorship of the races and horses is a great way to raise funds before your event starts. Allowing people to name the races and horses also adds a bit of humour to the night. Provide business exposure in the race cards for race sponsors and a small prize to the winning sponsor of each horse

• Number of Races 8 6 4
• Race Sponsorship £100 per race £50 per race £25 per race £10 per race £5 per race None
• Horse Sponsorship £15 per horse £10 per horse £5 per horse None
•  Sponsorship Sub-Total : £520

Admission

Selling admission tickets in advance is a good way to ensure a strong turnout. Provide additional entertainment such as a disco and maybe a buffet to attract more people.

• Expected Turnout 200 people 150 people 100 people 90 people 80 people 70 people 60 people 50 people 40 people 30 people 20 people 10 people
• Admission Fee £25 £20 £15 £10 £5 Free
•  Admission Sub-Total : £350

Ticket Sales

Tote ticket & lucky dip ticket sales will raise funds on the night itself. Research shows that selling tickets at 50p instead of £1 encourages more ticket sales and more winners. Winners tend to re-invest their winnings on additional tickets. Lucky Dip Tickets come in sets of 28, it's is typical to use 1 set per event. The payout percentages are used to work out the winnings, 40 or 50% is typical.

• Tote Ticket Cost £2 £1.50 £1 50 pence
• Tote Ticket Payout 50% 40%
• Lucky Dip Ticket Cost £3 £2 £1
• Lucky Dip Ticket Payout 50% 40%
•  Ticket Sales Sub-Total : £201.60

Last Race Auction

It is common to auction off the horses in the last race for extra funds. A standard auction bidding process is great entertainment and can generate a bit of noise. The bids will vary but £40-60 is typical for most race nights. 50% of the total raised is returned to the very lucky winner!

• Avg Auction Fee £100 per horse £90 per horse £80 per horse £70 per horse £60 per horse £50 per horse £40 per horse £30 per horse £20 per horse £10 per horse No Auction
•  Auction Sub-Total : £160.00

Fundraising Total

Your fundraising total is shown below, all prize money has already been subtracted.

•  TOTAL FUNDS RAISED : £1,231.60

This Race Night Calculator is also available as a free phone app along with our Race Night Tote Calculator app, which will help when working out the tote ticket payouts on the night.