George and Bettie track their distances biked over time, with George biking 10, 20, 30 meters in 1, 2, 3 seconds and Bettie biking 6, 12, 18 meters. They will earn money for a bike-a-thon based on distance biked, with George earning $3 per km and Bettie earning a $6 donation plus $2 per km. The document provides tables to track their distances and earnings over time to calculate their rates and pledge plans.