SYNDICATE STRUCTURE

• Players participating must have a Capital Bets account.
• This will be a group Pick 5 play (format being .50 Pick 5 – 5x5x4x3x5 = $750) *Capital OTB will designate which races have the 3 horse and 4 horse legs.
• Initial signup will be available Sunday – Thursday each week for the “Belmont Syndicate” Late PK 5 Saturday September 19th and 26th. Sign-ups will be based on the first twenty (20) patrons from the authorization to withdraw twenty-five dollars ($25) from their Capital Bets account. If there are insufficient funds then their entry will be cancelled.
• If there are not twenty (20) sign ups by the deadline, Capital OTB will refund entry money to the previous signed up players.
• Marketing will put together the consensus ticket from selections with the highest voted horses (tie goes to lowest number).
• Thursday afternoon, after Syndicate team is confirmed, the selection form will be emailed directly to participants for the voting process of the Late Pick 5.
• All selections must be submitted by 11AM Saturday
• The Late Pick 5 plays will be made on Saturday morning after scratches are posted. Once Late Pick 5 wager is placed, the confirmed copy of the ticket will be emailed and posted.
• Any winnings will be funded on the Sunday after the Late Pick 5 play.
• If a Syndicate team member does not submit a selection form, they are not eliminated from the team, but do not have a vote on the runners selected for the late Pick 5 wager.