If you pick the winner of the game, you win. This bet type is like trying to pick the winner of an arm-wrestle between your mates.
Pick the team you think will win the contest
Your team must win the game.
Most people bet a minimum of $1 as that secures at least one unit of the advertised fixed odds. Eg: If you bet $5, you win the fixed odds (as advertised at time of bet) multiplied by five.