My usual rules for submission wrestling - The winner is determined on who gets the highest number of submissions. We start in the kneeling position on the ground. I am opposed to any holds to the ears, hair, eyes. No holds that will threaten to break limbs. No biting or strangle holds. Body punches are ok if mutually agreed upon.

Gear - Ok with wearing speedos, jockstraps or wrestling nude with no clothes. I have matting and some for crash-mats.

Stakes - We could agree the winner gets a trophy or the looser gets tied down and punished (Corporal Punishment).

Trophy - A trophy is something the looser gives up to the winner such has his jockstrap, speedo, cockring. A Trophy is a good way to remember a hot time. Trophies are like badges and tokens of sexual action.

Corporal Punishment (for looser) - Looser gets fully tied down and given bdsm (punishment) such as caning, flogging, etc. Example below of a punishment:
The looser is tied down with ropes or chains and is not gagged. The winner gives three sets of ten stokes with a two minute pause between each set. Then a final set of twenty stokes. Half of the strokes are recieved on each side of the back or butt. There is no warm-up and the strokes could be given hard from the beginning.