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CASH BASH EVENTS
What is a Cash Bash?
Tickets are printed with a 3 digit number from 000 to 999, either one 3-digit number for a total of 1000 tickets or two 3-digit numbers on a ticket for a total of 500 tickets.
Tickets are usually sold for $20 for a single 3-digit ticket or $30 for two 3-digit numbers.
Winners do not need to be present as their name and phone number are on
the ticket stubs turned in. However, you may have two or 3 drawings spread throughout the night (with one at the very end) where, if the winner is present, he/she wins an
additional amount of money.
Usually have free soft drinks and beer as well as a catered buffet syle meal.
Tips for a successful Cash Bash:
1. First, you need to sell your tickets. If all of your tickets are sold, you already have your payout money and your initial profit from the ticket. If you don't sell all your tickets,
some of the payout money has to come from your initial profit. Remember this though, your "initial profit money" has to cover the cost of your hall rental, the cost of printing the tickets,
the catering or food costs, and any other items you'll need at the hall to run a successful cash bash including games, disposables (cups, napkins, plates, tablecovers), and start-up money.
2. Second, you need workers. Plenty of them, in fact, you need too many! People to sit at the door checking tickets, people to sell half the take, people to run your chinese auctions,
people to run any additional games at the event, people to sell instant "break-open" tickets, people to take care of the food, and people to clean up during and after the event. How many
people are needed? It all depends on how many additional things you have going on at your event. And don't forget, you'll need people to give "breaks" to your workers throughout the night.
3. Have plenty of additional fund-raising games at the event for the people to play in the time period between numbers being called. You should have at least 2 half-the-takes, one before
halfway point of the evening, and another half-the-take "end-of-evening" drawing. You could also have a Chinese auction or, a more popular idea, gift basket raffles. Have a couple people
from your organiztion solicit donations of products, gift certificates, or baskets from local businesses and make up specialty baskets to raffle off throughout the evening, or at ther end of
the evening. Some ideas are a dining gift certificate basket, a beauty aids basket, a lottery ticket basket, a night on the town basket, a sports paraphanelia basket, or a basket of cheer.
Another idea is to have some types of games of chance, card games, or dice games at your event.
One of the best additional fund-raising ideas to have at your event is the "pop-open", or "break-open" ticket games. This includes games such as Cherries, Cherries II, Instant Bingo,
Bars and Bells. Games are available in many different varieties, ticket amounts, and ticket prices, with the most common ticket being sold is the $1.00 ticket. You should have several
different types (low count and high count) of these tickets being sold at the same time throughout the night. You'll be surprised at how popular these tickets are, even at the $1.00 ticket
price. After you sell each box, make sure to announce your winners from that box and make your payoffs to the winners. As you finish off a set or a box, KEEP THINGS MOVING, you open and
sell another set or box. The BIGGEST MISTAKE made at cash bashes is not having enough things for people to do AT THE CASH BASH. Have a variety, and plenty of the ticket games running
throughout the evening and have the people selling the tickets moving throughout the hall. The best way to sell each game is with two sellers per game and all of the tickets dumped into
a bucket, with the payout/top prizes sheet taped to the bucket. "Cherries" tickets are low count tickets that sell quickly - it's nothing to be able to sell 8-10 sets of these per event
IN ADDITION to other higher counts sets of tickets.
To be able to sell these types of tickets, you must check with your local or state laws. In Pennsylvania, for example,
YOU MUST HAVE A SMALL GAMES OF CHANCE LICENSE in order to purchase and be able to sell these types of tickets.
4. Fourth, you need to have the people who bought the tickets, show up at your event. Why? Because the more people who show up at your event, the more "additional" money will be spent at
your event resulting in additional profits. Make sure you have plenty of food and beverages. Make sure you have plenty of raffles, break-open ticket games, and other small games of chance
at your event. Let the people leave your event thinking they had a fun time. Nobody wants to just sit there and wait for every 20 minute drawing...that gets old and boring real quick.
5. Other Tips:
Plan your Cash Bash closer to the beginning of the month. We've found that those run in the first weekend of the month are the most successful because people have
money then. Those held at the end of the month usually have lower ticket sales and lower turnout at the event, which means less money will be made at the cash bash.
Try to get as much donated as possible. Maybe a local business will sponsor the Cash Bash ticket and pay to get it printed. Maybe a couple of members who cannot work
the Cash Bash might be willing to donate items such as cups, plates, napkins, and tablecovering. Work a deal with the caterer, or maybe your group has the ability
to do their own cooking, solicit donations of soft drinks/bottled water form members and/or grocery stores, maybe the hall that you're using will take something off
the hall rental if your group can clean up the facility when the Cash Bash is done that night. There are endless possibilities out there to help cut your costs.
Have all Cash Bash Drawing winners sign off after they've received their payout. Save all big winner payouts from the pop-open games while ripping up any small winning
tickets after payouts. Also, workers should not be playing games or pop-open tickets during the Cash Bash. Have a "Cash Room" set up with responsible people handling
and keeping track of all payouts, start-up money for workers of games and sellers of pop-open tickets, and the hourly collection of proceeds from the various games
running at your event.
If you haven't sold all of your Cash Bash tickets and have, say 50 or less leftover, package 10 or 20 together in a group and raffle them off in the BEGINNING, charging
maybe $5 for a chance to win 10 Cash Bash tickets. All you have to sell is 40 chances at $5 each and you have your money for the 10 Cash Bash tickets that you were
selling for $20 each. Any extra chances you sell is extra profit for your organization. Sell 100 chances at $5 for the chance to win 10-$20 Cash Bash tickets, and
you've made an additional $300 over what you would have made selling the tickets. The only drawback is not having the extra 10 people showing up at your event, thereby
not making any additional money from those 10 tickets by not having 10 more people at your event to spend more money playing other games, raffles, and pop-open tickets.
For "small games of chance", raffle tickets, Monte Carlo games,
and food machine supplies, check out WWW.GEARYDIST.COM