Re: Can someone explain how new conquest works?

All flags must be captured in order to gain a sector. Its simply indicated by a blue/red/grey marking on your minimap. Blue if friendly, red is enemy, grey if neutral (Meaning neither teams control all of the flags in the sector)

Tickets lost at spawning. Spawning after death costs your team 1 ticket. 

If your team holds more sectors than the enemy, the enemy team starts bleeding a certain amount of tickets each second or X amount of seconds (I'm not sure about the exact numbers in this game)