{"id":18,"date":"2015-11-12T14:39:38","date_gmt":"2015-11-12T14:39:38","guid":{"rendered":"http:\/\/aceshighrentals.com\/devel\/?page_id=18"},"modified":"2015-11-23T02:15:51","modified_gmt":"2015-11-23T02:15:51","slug":"casino-fundraiser","status":"publish","type":"page","link":"https:\/\/aceshighrentals.com\/index.php\/casino-fundraiser\/","title":{"rendered":"Casino Fundraiser"},"content":{"rendered":"

Casino Fundraiser Party
\nPrintable Casino Fundraiser<\/a><\/p>\n

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Guidelines<\/p>\n

The purpose of these notes is to serve as a guide to anyone planning a casino party fundraising event.\u00a0 There are certain points listed that might not be applicable to your event.\u00a0 However, we have attempted to address the typical scenarios an organizer will likely encounter.\u00a0 Good luck with your event.<\/p>\n

Establishing and Realizing Your Financial Goal<\/p>\n

1.\u00a0 Goal:<\/p>\n

Generally when asked the question, \u201cHow much money would you like to raise at this event?\u201d most hosts realize that they haven\u2019t given it enough thought.\u00a0 Having a realistic goal of how much money you would like to raise is the key starting point.\u00a0 It should determine the price of your entrance fee and the limit of your expenses.
\nDecide how much money you would like to make from this event.\u00a0 Draft a statement of your proposed Revenue and Expenses.\u00a0 Obviously the key to your bottom line is to maximize your revenue and minimize your expenses.\u00a0 As fundamental as this concept is, most organizations disregard it when running one of these events.<\/p>\n

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2. Revenues:
\nRevenue for a fundraiser will typically take a form of one, some, or all of the following:Ticket Sales, Table sponsorship, Drink sales, Food, Auctions, Additional script purchase
\nTicket Sales: Delegate the task of ticket sales to more than one person.\u00a0 It is far easier for 20 people to sell 10 tickets than it is for 1 person to sell 200 tickets.\u00a0 Hold each of the 20 people responsible for their allotment of tickets.<\/p>\n

Bottom Line:\u00a0 This is usually your primary source of revenue and the financial success of your event depends on meeting your goal tickets sold.<\/p>\n

Table Sponsorship:<\/p>\n

Find at least one table sponsor for each casino table being used and the sponsored amount should generally be at least $100. Encourage your \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 sponsors to provide \u201cgag\u201d gifts that promote their business to be distributed at \u201ctheir\u201d table.\u00a0 For example-a blackjack table sponsored by a dentist \u00a0 \u00a0 \u00a0 \u00a0 could give away a free toothbrush (with the sponsor\u2019s name imprinted) for each blackjack that is dealt.\u00a0 Or, the dealer could be dressed in the \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 sponsor uniform.\u00a0 Make your sponsors feel as though they are getting value for their donation and not only are they more likely to attend the \u00a0 \u00a0 \u00a0 \u00a0event, getting a similar sponsorship the next year will be much easier.\u00a0 Bottom line:\u00a0 Table sponsorship should cover at least the entire rental cost of the casino equipment and staff.<\/p>\n

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3. Expenses:<\/p>\n

Again, the fundamental rule regarding expenses is to keep them to a minimum without compromising your event.<\/p>\n

Typical expenses incurred hosting a casino event:<\/p>\n

Facility costs, decorations and props, casino equipment rental and dealers, beverage costs, food costs, insurance and clean up.<\/p>\n

All the point addressed below carry the same caveat:\u00a0 \u201cwithout compromising your event\u201d<\/p>\n

Facility Costs:<\/p>\n

Invariably, free is the key word here.\u00a0 Attempt to secure a facility at no cost to your event.\u00a0 There are generally several organizations that are open to making their facility available at little or no charge.<\/p>\n

Decorations and Props:<\/p>\n

Often balloons and streamers or ribbon will suffice when decorating the event facility.\u00a0 Always weigh up the cost of any props you are considering using.\u00a0 People are typically not at your event for the decorations.\u00a0 Solicit donations if possible, however, prioritize a table sponsorship donation ahead of prop donation almost every time.<\/p>\n

Casino Equipment Rental and Dealers:<\/p>\n

Provide the casino operator with accurate head counts so the appropriate amount of equipment is supplied.\u00a0 Too much equipment on hand results in a bigger expense and having to few tables to accommodate your guests is one of the surest ways to spoil your event.\u00a0 Our equipment and Dealers are licensed by the state.\u00a0 So we cannot have volunteers work the tables.<\/p>\n

Beverage Costs:
\nArrange with your beverage supplier to be able to return all unopened bottles.\u00a0 This way you only have to pay for the beverages you have sold.<\/p>\n

Insurance:
\nSome facilities might require a one night insurance coverage policy for your event, especially if you are not being charged for the venue.<\/p>\n

Clean Up:<\/p>\n

Designate a team of volunteers to take care of the Facility cleaning.<\/p>\n

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4. Determining Ticket Price<\/p>\n

Ask the following questions:<\/p>\n

How much money do you want to make? = NET PROFIT
\nHow many tickets can you sell for this event= TICKETS
\nWhat is the total of all expenses?=EXPENSES
\nWhat is the total of my net profit plus all my expenses?=GROSS<\/p>\n

NET PROFIT+EXPENSES + GROSS
\nGROSS\/TICKETS=TICKET PRICE<\/p>\n

Example:
\nWe wish to raise $3500 from our event
\nOur intention is to sell 200 tickets
\nOur total expenses are $1500
\n$3500+$1500 = $5000 (Gross)
\n$5000 \/ 200 tickets = $25.00 per ticket<\/p>\n

What then needs to be determined is if this price is appropriate for what you intend to provide your guests and will your market support the sale of your proposed quantity of tickets at this price.\u00a0 Remember that you might even be under charging your guests.<\/p>\n

By selling the proposed number of tickets and following the guidelines above you will always realize at least your intended net profit and in most cases a higher amount.\u00a0 However, if you don\u2019t sell your intended number of tickets or if your expenses are higher than budgeted; your net profit is adversely effected in both cases.<\/p>\n

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5. It will be all right on the night if\u2026<\/p>\n

Things to know before the event:<\/p>\n

Set up early at the facility
\nHave change available at the \u201ccash desk\u201d
\nHave additional script and drink tickets at cash desk
\nHave a public address system on hand to announce prizes etc.
\nHave sponsors signs in place on all tables
\nPost signs prominently indicating chip denominations
\nPost information about buying more script
\nClearly indicate location of cash desk
\nHave change or drink tickets available at bar or bars
\nDesignate all tasks ahead of time-specifically breakdown and clean up
\nKeep thorough notes for your next event-the second time is always easier<\/p>\n

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Good Luck!<\/p>\n","protected":false},"excerpt":{"rendered":"

Casino Fundraiser Party Printable Casino Fundraiser Guidelines The purpose of these notes is to serve as a guide to anyone planning a casino party fundraising event.\u00a0 There are certain points listed that might not be applicable to your event.\u00a0 However, we have attempted to address the typical scenarios an organizer will likely encounter.\u00a0 Good luck […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"ngg_post_thumbnail":0,"footnotes":""},"_links":{"self":[{"href":"https:\/\/aceshighrentals.com\/index.php\/wp-json\/wp\/v2\/pages\/18"}],"collection":[{"href":"https:\/\/aceshighrentals.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/aceshighrentals.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/aceshighrentals.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/aceshighrentals.com\/index.php\/wp-json\/wp\/v2\/comments?post=18"}],"version-history":[{"count":10,"href":"https:\/\/aceshighrentals.com\/index.php\/wp-json\/wp\/v2\/pages\/18\/revisions"}],"predecessor-version":[{"id":167,"href":"https:\/\/aceshighrentals.com\/index.php\/wp-json\/wp\/v2\/pages\/18\/revisions\/167"}],"wp:attachment":[{"href":"https:\/\/aceshighrentals.com\/index.php\/wp-json\/wp\/v2\/media?parent=18"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}