Script:
while wait() do
if Players.Value >= 2 then
StatusBar.Text = "Waiting for round start"
for i = 10, 1, -1 do
Timer.Text = "Time:"..i
wait(1)
end
elseif Players.Value < 2 then
StatusBar.Text = "There needs to be more than 1 player to begin the round."
end
end

2 comments
I don't get what you're trying to do here? Is the i to signify a countdown or?
@Ryan, Its a basic for loop. I believe what he wants to do is set the minimum to a smaller number when i =1