Newbie Question Concerning WSEX

[insanity31]

I have almost no idea how wsex long term markets work. All i know is that i want to hedge an earlier bet i made of the cards over the tigers in the WS. I guess that means i need to sell on wsex "STL over DET", correct?

On wsex is says this:

STL OVER DET ........Sell 8......Buy 11...... +809

Could someone explain what would happen if i sold 1 contract. How much i would win, what it would cost, etc. I tried looking through their FAQ's and rules but it didnt help.

Thanks.