Similar to its popular English counterpart, players are given a sum of money - £180 million - and are tasked with picking 11 players and five subs.
Monthly prizes are available while the overall winner scoops a £10,000 prize.
The most costly players in the game are Celtic's James Forrest and Rangers pair Alfredo Morelos and James Tavernier, who are all priced at £18 million.
Hoops duo Kieran Tierney and Odsonne Edouard are priced at £17.5 million.
The cheapest player in the game is Hamilton's Liam Smith, who will set to you back £6 million.
David Macdonald of Ladbrokes said: “Everyone at Ladbrokes and the SPFL are ecstatic to launch the first official fantasy football game in Scotland, and giving Scottish football fans a real chance at winning £10,000 cash."