I'd go 1.01 that these are real money bets though I'm sure @Striker would be happy to confirm on that point.
As to whether the stakes are £1 per point, £10, £100 or more, there's no need to comment in that respect, as that's the whole point of points!
Basically it's best to be clear on whether a thread is real money bets or paper trade but it's fine to state stakes in points rather than £££ if preferred. One man's pointlessly small stake can be excessive to someone else.