HOW TO CREATE A SYNDICATE

Colossus Syndicates how to play Guide

Creating a syndicate means making the selections and putting up the ticket for others to invest in.

As Captain of the syndicate, it also means that once in-running, if there are any cash-out offers, it is your responsibility to make decisions on behalf of the syndicate.

As Captain, you will have to put up a minimum of 10% and a maximum of 50% of the gross cost of the ticket.

All the information you need will appear on your ticket. All the members of the syndicate will be able to see any cash-out offers but only you will be able to access it and decide how much, if any, to take.

Like any regular ticket, any cash-outs and dividends are listed and paid immediately into your account. And, at the same, any share of profit owed to syndicate members is automatically sent to them directly.

 

TO CREATE A SYNDICATE

  • Log onto your Colossus Account and go to Syndicates
  • Select Syndicates
  • Select CREATE
  • Select the pool you want to create a syndicate in.
  • Make your selections on the grid.
  • Select how the cost per line (£2, £1, £0.50, £0.20)

Then HIT NEXT

 

 

 

 

 

NAMING SYNDICATE & CHOOSING CONTRIBUTION

  • Select a name for your Syndicate as you want it to appear on the leader board
  • Enter how much you want to contribute from 10% up to 50%.
  • Select ‘publicly list my Syndicate ticket’ so it will appear on the board for others to invest

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Then HIT CONFIRM

 

SHARE YOUR TICKET

  • To promote your syndicate on twitter, use  CLICK TO SHARE
  • By letting others know, it helps the syndicate fill
  • When you hit CLICK TO SHARE, you simply hit the twitter icon. This will bring up a window with a message you can review or customize.
    Then hit TWEET.

 

 

 

 

 

 

 

 

 

 

 

 

TRACKING YOUR TICKET

Your syndicate will now appear in your TICKETS. You can follow the progress on how it is filling up, CONTRIBUTE MORE or CLICK TO SHARE to remind twitter followers that shares are available.

If the ticket is not completely filled when the pool closes, the syndicate is cancelled and both yours and the investor’s contributions are returned.

Once it is filled, it will go in-running when the pool closes.

As Captain, you are responsible to make the decisions on cash-outs on behalf of the syndicate. The members will see the offers and any cash-outs you take will be automatically calculated and distributed to yourself and the members in proportion to their investment.

And when the pool is settled, it will be moved to your TICKET HISTORY and you can review the cash-outs and dividends you received!