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DraftKings debuts new sportsbook pools

8 November 2018

(PRESS RELEASE) -- DraftKings Sportsbook today announced the launch of DraftKings Sportsbook Pools, a new and easier way to bet on sports by selecting potential outcomes from a set group of sporting events. The new DraftKings product will provide the opportunity to bet on games like the ones often enjoyed among coworkers in office pools, offering fans a more casual alternative to navigating odds and point spreads. DraftKings Sportsbook Pools will become officially available to play in New Jersey on 8 November.

“Millions of Americans have been playing in sports pools for years with their friends and coworkers, and now one of the most popular ways that fans can get ‘skin in the game’ is live on DraftKings Sportsbook,” said Matt Kalish, Chief Revenue Officer and co-founder of DraftKings. “DraftKings Sportsbook Pools features simple predictions, such as picking the winner of each NFL game weekly, combined with the potential to win jackpot-style prizes. This product will unquestionably make every game more exciting for DraftKings Sportsbook players of all levels.”

To play DraftKings Sportsbook Pools, sports fans are given a collection of questions related to potential outcomes in a specific game or series of games. Players select from provided responses and submit their entry into a pool where winners are then determined based on the number of correct picks as the real life events unfold. The inaugural DraftKings Sportsbook Pools contest will feature a $20 entry with a minimum of $200,000 in total prizes, including a $100,000 jackpot to be shared among all players who select all Sunday and Monday NFL Week 10 games correctly. For the opening contest, players in New Jersey will receive 20% of the prize pool for 11 correct picks, 30% for 12 correct picks and 50 percent for making all 13 picks correctly.

The DraftKings Sportsbook app is now viewable from any location, meaning players outside New Jersey can preview DraftKings Sportsbook Pools. Real money wagers and cash outs of open bets will still be limited to occur within New Jersey state lines; sports fans beyond the Garden State will otherwise be granted an unfettered view of DraftKings Sportsbook products and promotions as previews within the app.

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