Derby Party Games

[Sightseek]

You could have a 50-50 raffle using the field of the Derby. People can purchase a horse for $20 on a first come basis, the person with the winning horse gets half of the pool.

[freddymo]

Originally Posted by Sightseek

You could have a 50-50 raffle using the field of the Derby. People can purchase a horse for $20 on a first come basis, the person with the winning horse gets half of the pool.

I wouldn't let DrugS in on the contest as he will somehow someway figure out a way do win it.

[booner]

Originally Posted by freddymo

I wouldn't let DrugS in on the contest as he will somehow someway figure out a way do win it.

Good one....

[booner]

Originally Posted by Sightseek

You could have a 50-50 raffle using the field of the Derby. People can purchase a horse for $20 on a first come basis, the person with the winning horse gets half of the pool.

I had forgotten about the 50-50 raffle. That could be a good one. Thanks!!

[pmacdaddy]

Originally Posted by Sightseek

You could have a 50-50 raffle using the field of the Derby. People can purchase a horse for $20 on a first come basis, the person with the winning horse gets half of the pool.

That is a GREAT idea!

[South Beach Luv]

You could do a random drawing/raffle for the last place finisher too, that could be fun.

[freddymo]

Do what the tracks do book all the action and chop 25%

[MaTH716]

Originally Posted by Sightseek

You could have a 50-50 raffle using the field of the Derby. People can purchase a horse for $20 on a first come basis, the person with the winning horse gets half of the pool.

I don't know how much money you are trying to raise. Sighty has a good idea, but I think you might want to take it a bit further. If you are having a lot of people there and you think you could fill a couple of those pools (have 60 people eneter 3 drawings based on a 20 horse field). Buy $20 tickets on every horse in the field and then charge $25-$30 a raffle. More people might be enticed to go in with the chance to win some real money as opposed to only having a chance to win $200 (conventional $20 raffle with 20 horses and the house keeping half) even if their 50-1 shot comes home. Who knows a guy making a big score might even kick some extra money towards the house.

[booner]

Originally Posted by MaTH716

I don't know how much money you are trying to raise. Sighty has a good idea, but I think you might want to take it a bit further. If you are having a lot of people there and you think you could fill a couple of those pools (have 60 people eneter 3 drawings based on a 20 horse field). Buy $20 tickets on every horse in the field and then charge $25-$30 a raffle. More people might be enticed to go in with the chance to win some real money as opposed to only having a chance to win $200 (conventional $20 raffle with 20 horses and the house keeping half) even if their 50-1 shot comes home. Who knows a guy making a big score might even kick some extra money towards the house.

We are basically attempting to raise whatever we can. We had a Hold 'Em tourney and cash game a few weeks ago. Raised close to $500. We were thinking Derby Day will be bigger. The last one I found out about a week before and many didn't play or come. Now that we have more time, there should be more interest.

I see your point about the 50/50. That is why I did want to do an auction (at the very least), so people can get value if they are looking for it. For the majority, they will play a "luck of the draw", even if they get a 'Mine That Bird' or 'Giacomo' .

Thanks for the feedback!

[joeydb]

You could also do a "Chinese Auction" where people put as many tickets as they want to bet on a horse. Use a separate box for each horse.

http://en.wikipedia.org/wiki/Chinese_auction

For example, a guy with 10 tickets can split them up any which way, putting 4 for horse A, 3 for horse B, 2 for horse C, and 1 for horse D.

In this application, the Chinese Auction will become a mini - parimutuel system.

To do 50/50 here, just give half the number of tickets, so $20 buys 10 tickets. At the end, just divide up the non-winning boxes of tickets by the winning tickets. You've already done the "takeout" at the buy-in. Round down for "breakage".

Not as simple as the 50/50 but still has potential.