How Much Will We Make?
This is a question we are always asked and it's a tough one to answer. There are a lot of variables, the biggest one is how much time are you prepared to invest to make the race night a success. But to give you an idea on the earning capability of an event, let's look at a typical events with twenty race night guests:-
Sell race night admission tickets. 20 X $1.00 =$20.00
Find race night sponsors for each race. 8 X $10 = $80.00
Sell the race night horses Races 8 X Horses 8 = 64 X $2 = $128.00
Race night betting on each race 20 x 8 x 0.3 = $48.00
Total Race Night Income from 20 clients = $276.00
You can flex these numbers up and down depending upon your number of clients and the amount of race night sponsorship you can get. But this just shows that you can make money with very few clients.
The most important thing with any race night is to get the maximum number of people to the race night. The more guests the more you can make from everything!
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