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Here's How to Run a Sweepstake for the Grand National

The Grand National, one of the world's most prestigious horse racing events, will be held at 5.15pm on Saturday, 15th April 2023 at the iconic Aintree Racecourse in Liverpool, England. The thrilling race covers a course of 4 miles and 2.5 furlongs, featuring 16 challenging and formidable fences, 14 of which must be jumped twice by the skilled jockeys and their horses. With its rich history and incredible athleticism, the Grand National is a must-see event for sports enthusiasts and horse racing fans worldwide.

Run your Grand National Sweepstake with Collctiv’s Generator
Let's dive into the world of sweepstakes, shall we? Picture this - the legendary Grand National, your pals, and an exciting sweepstake. So, how does it work? It's simple - everyone pays the same amount, and in return, receives a randomly assigned horse. You can do this by drawing horses from a hat or using our handy-dandy electronic generator provided below. Simply pop in the names and emails of your sweepstake participants (it doesn’t matter how many) and you’re ready to go!

How do I collect money for a sweepstake?
So you’ve got commitment from everyone, the teams are all ready to be selected from your hat (or our generator), but before you go any further you need people to chip in their entry fee. None of this works without the prize money for the winning horse, right?

This is the part where you may be preparing yourself for the dread that comes with chasing people up to pay the entry fee you were promised days or weeks ago. No matter how many reminders you send via WhatsApp, Slack, or email…people still aren’t paying up. Especially if they get a horse that is highly unlikely to win! Suddenly it becomes like getting blood out of a stone.

The next problem comes in the slightly unusual form of actually receiving the money, as you receive 40 different payments to your personal bank account on different days and at different times. All of a sudden you’re losing track of who has and hasn’t paid and the admin to keep up with has become a full-time job.

Now you’ve got a mixture of random coins/notes in your hand that need to be cashed into your bank, payments in your bank account hidden amongst your personal transactions, and the ongoing problem of some people who haven’t got around to paying you because setting up someone new to pay on their online banking and actually paying you has become a job for later, and then for tomorrow, and then for the day after…… (you get the point).

Collctiv makes it easy to collect money from groups of people, no matter who they bank with and no matter where they live.
We’ve made it super simple for you as the organiser to collect money, and even easier for your friends to send you money. Here’s how it works:

1. Set up your pot: Let your friends know what you are requesting money for, how much they should put in, and when you need their money by.

2. Share your custom payment link or QR code via WhatsApp, text, email, Slack - wherever! No matter where your friends live, they don’t need to create an account or download the app to send you money; they just open their digital wallet and double-click to pay.

3. Sit back and watch those funds roll in!

Organisers bring people together
Collctiv has helped over half a million people from over 100 countries come together for the moments and experiences that matter by making it easy to collect and spend group money. Download Collctiv and start collecting money today.

Photo by Philippe Oursel on Unsplash
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