/diy/ - Do It Yourself

My friend bought a cheap used pool table so we can play and have a beer whenever we want.
Problem is the green cloth covering it isn't in the best shape, we've looked into a replacement but they are more expensive than we expected.
It doesn't really makes sense buying a high quality one when the table itself is of questionable quality.

My question is, what material can I use as an alternative?
Do any of you have any experience with stuff like this?