Sports betting and fantasy sports operator DraftKings has launched a new sportsbook pools product for players in New Jersey.

DraftKings Sportsbook Pools allows players to bet on sports by selecting potential outcomes from a set group of sporting events.

Officially launched Thursday, the product provides the opportunity to bet on games such as those often enjoyed among co-workers in office pools, offering fans a more casual alternative to navigating odds and point spreads.

“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 DraftKing chief revenue officer and co-founder Matt Kalish.

“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.”

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 players who correctly select all Sunday and Monday NFL Week 10 games.

For the opening contest, players in New Jersey will receive 20 per cent of the prize pool for 11 correct picks, 30 per cent for 12 correct picks, and 50 per cent for making all 13 picks correctly.