Oh - Yessss !
Don't go each day, I would suggest Thursday, Friday, Sunday - take a day out to see the other bits, go to Virginia City
http://www.virginiacity-nv.org/ or Minden - gliding, or Pyramid Lake or somewhere to take in the sights of Nevada (apart from fanny and gambling).
Now, the races - get the pit pas, wander down to the far hangars and meet the redneck racing brigade who are the salt of the earth, are in it to win it and are great.
Watch out for passing traffic, espescially on Friday because Fallon is just down the road and you get the occasional F15/6/8 doing the course because they can.
Bleachers - get as close to Section 4 ( We're not worthy

) as possible because they are barking mad, you get the best view of the hooties and they are super nice folks.
When the last race is finished - don't hurry.
Go grab a margarita and slip into the executive box area. There you will find a few northern roughies with some colonials from Maryland - ask for Pete or Lil.
This is where the action is because when the show has finished all sorts of informal things happen - this is when the first jet race took place, this is where all the good tackle flies by.
Other than that, check out the Basque restaurant down town - no menu, a few tables and great food and company. Sunday night go to the Mexican - Mi Casa Too, 2205 West Fourth St Reno - Sublime.
Don't get your tickets on th line - go to Scolari's en route, it is the exit before or on Lemon Valley. They sponsor the do and offer cheaper tickets. Also, get the parking on the west side where the boy scout parking is. They appreciate the business.
It is the best event in the calendar - it won't last, go now and enjoy