Bettors won big in the World Cup group stage, leaving the US sportsbook operator DraftKings out of pocket by around $50 million, per Bank of America.
The winning payouts may have taken a sizable chunk out of DraftKings’ estimated $1.1 billion total betting handle, as forecasted pre-tournament by Deutsche Bank. Big wins for the bettors resulted in significant losses for DraftKings during the World Cup group stage matches.
