An Iowa man has filed a lawsuit against DraftKings after the sports betting company voided a set of wagers that would have paid out more than $14 million. The bets were placed on the 2024 AT&T Pebble Beach Pro-Am, which was shortened due to severe weather. With the tournament officially ending after 54 holes, the man believed his bets on final round placements were winners.
However, DraftKings voided the bets and refunded his initial wagers, citing company rules regarding bets placed after what became the final round. The bettor argues that his wagers were placed appropriately and that the company changed its interpretation of the rules to avoid paying out the substantial winnings.
The lawsuit accuses DraftKings of breach of contract and unfair business practices under Iowa consumer protection laws. The case is now in federal court, where it could have broader implications for how sportsbooks handle payouts on events affected by unforeseen circumstances.