This is where you can set the options for your team. To create a team, you look under the action library(x) under the misc. tab. Invite and kick are under the interaction tab. You can see what damage decides gives, leader takes all is just as it says, most damage wins all gives loot just like normal fighting, queue goes down the team member list in order 1-? then back to 1 when giveing out items, and random of course is just that. For money damage is shown, and equal shares evenly with all members.
When you have named and set the options for your team click the create button and it will start up the team, then you need to find members. This is where the invite comes in to play. And if someone in the team causes problems or such you have the boot command. On a side note, as you can see in my chat window, if you are alone in a team you will get no loot, so disband the team if this happens. I will explain this in next post.