Take Our Cue from Here

There is only one wall in the basement where it would be logical to have a pool cue rack.

It's a tight fit on that side of the table, so to keep the rack from interfering with your shot, it's recessed between the studs.

The framing of the rack is made from wood leftover from other projects in the house.  The back is made from aromatic cedar to keep bugs away, but it's already losing its scent.