How the betting works...
A float of up to £50 per ticket seller
Your ticket sellers are Seated, the punters go to them
Keep to one selling price on the night
OPENING AND CLOSING THE TOTE BETTING
Every horse in every race will have its own tickets
Your ticket sellers take the bets one race at a time
For larger events use more than one ticket seller and a bigger float
YOUR RACE NIGHT IS RUN UNDER THE GAMING ACT OF 2003
To comply with regulations, we suggest the following:-
Open the betting for the race. Take the bets. Close the betting.
Ask a member of the audience to choose a race film at random from the box provided
Show the film on the television or screen
Before the race starts a fun form guide gives a brief rundown of each of the runners
As no more bets can be placed at this point, you have complied with the regulations
Please use our simple supplied payout working out sheets.
The usual payout is 50% to the fundraiser and 50% to the winning ticket holders.
Your organisation can't lose.
At the end of the race the winning payouts are announced
Payout is to the Winner only
