1) Pick one team from each 1-A Conference (11 in all, not counting the Independents): ACC, BigEast, Big Ten, Big 12, C-USA, MAC, Mountain West, PAC10, SEC, Sun Belt, WAC. For each of your teams, you receive 20 points for a win. You also get a point for each point your team scores, and lose a point for each point given up. (So yes, if your team loses, they will have negative points)
2) Pick two WildCard teams for 1-A (you CAN pick Independents for a WildCard.) Your #1 WildCard is worth half the points, and #2 is worth a quarter the points. Your WildCard cannot be one of your Conference picks.
3) Second Place Payout is $10 or 15%, which ever is higher. The rest goes to the winner. In event of a tie, the pot is divided.
4) Regular season games against non-Division 1 teams do count, as do bowl games.