If the Axis control their capitals and any Ally ones at the end of a round, they win.
The draw for us was a much more accessible game that lacked the length and weight of grognard games we used to play like Advanced Squad Leader, Terrible Swift Sword, Rise and Decline of the Third Reich, etc. My friends and I loved this game and over the course of the next 20 some years we easily played it over 50 times. It was a little over 30 years ago when I received my first Milton Bradley Gamemaster game: Axis & Allies.