DraftKings has unveiled a new product for week 10 of the NFL season. This week players can participate in the DraftKings Sportsbook Pool. The idea is based largely on widely-popular March Madness pools that float around offices and business during the NCAA basketball tournament.
There will be no point spread or moneyline to digest. The DraftKings Sportsbook Pools will give novice players a real opportunity to hit the big prize. While guessing might generate a large payday, adding a bit of strategy to each pick might be the ticket to huge cash prize. Here's how the DraftKings Sportsbook Pools will work.
How much is an Entry?
Entry fee in the first DraftKings Sportsbook Pool is $20. There is a minimum prize pool set, plus there will be a $100,000 jackpot split between all players who nail every game of week 10 correctly. This is an excellent addition to the DraftKings game list that targets the everyday player who doesn't want to study game odds and do extensive research. Want to sign up for Pools? Read our full DraftKings Review and use our industry leading DraftKings Promo Code. Read the full promo code details here.
How much is the Prize Pool?
The initial Sportsbook Pool will pay out a minimum of $200,000. This is DraftKings offering DFS players yet another chance to hit big money without paying an overly large entry fee. With close to a quarter-million dollars in prizes, the $20 entry ticket price is appealing.
How is the Prize Pool Split?
In addition to the $100,000 jackpot split for all perfect tickets, the rest of the prize money gets split based on a percentage structure. Here is the breakdown for how the rest of the total monies will be split between players, according to how many correct picks they post.
Win 20-percent of the prize pool for picking 11 games right.
Win 30-percent of the prize pool for picking 12 games right.
Win half the prize pool for picking all 13 games correctly.
How to Play the DraftKings Sportsbook Pool
You can jump into the action using the new mobile app, or directly on the DraftKings website. The only hitch is, you have to presently be within the state boundaries of New Jersey. Avid sports bettors should be patient because the winds of change are blowing gradually across the United States.
Just like the hundreds of people who eagerly follow every round on their Big Dance pool in March, players will be following every game on their Sportsbook Pool throughout the remaining games on the NFL schedule. There is only one thing that is guaranteed in these exciting prize pool contests. If you don't put a horse in the race, you're not going to win.