We just released the first couple of betting match ups for the season, and I (with the help of Shane) will finish up the rest of the All-Star Classic tomorrow.
You can see how the betting is tied in to the forum here:
What is at Stake?
Fake money. Fake money, which at the end of the year will be able to buy TheWrestlingTalk merchandise (TShirts, etc) right before the NCAAs. The more money you earn, the better the odds that you'll pick up some free gear.
What else do I need to know?
Accumulate as much scratch as you can - prices (in vCash) will be in the catalog in January/February.