Wednesday, May 20, 2026

Fanatics Pays Out and Refunds Wembanyama Bets After Injury Ends Season

Bettors who wagered money on Victor Wembanyama winning the Defensive Player of the Year award saw their bets paid out.

Jan 17, 2025; San Antonio, Texas, USA; San Antonio Spurs center Victor Wembanyama (1) dribbles past Memphis Grizzlies forward Santi Aldama (7) in the second half at Frost Bank Center.
Daniel Dunn-Imagn Images

Fanatics bettors who put money down on Victor Wembanyama claiming his first Defensive Player of the Year award received an early payout Friday. 

The sportsbook announced it was paying out all straight bets on the Spurs star to win the award, a day after it was announced the 21-year-old’s season was over due to a blood clot in his right shoulder. Fanatics also refunded all parlays involving Wembanyama. 

Other sportsbooks aren’t following suit (at least not yet). Spokespeople for FanDuel and BetMGM told Front Office Sports that both companies don’t have any current plans to pay out or refund any bets related to the Frenchman, who was the overwhelming favorite to win the award in just his second NBA season. 

Prior to Thursday, Wembanyama was listed as an overwhelming favorite (-2500 odds) to win Defensive Player of the Year on Fanatics’ sportsbook, far outpacing the runner-up candidates such as Jaren Jackson Jr. and Evan Mobley (+3000). 

Fanatics has a Fair Play rule, which guarantees the company will refund prop bets if a bettor takes the over and a player gets injured early in a game (in the NBA it’s the first quarter). The rule covers straight prop bets, parlays and same game parlays. 

While betting on award winners isn’t a prop bet and the NBA season long passed the halfway point, injury was really the only hurdle stopping Wembanyama from winning the award, which is why Fanatics applied the rule to Wembanyama’s reward-related bets.

DraftKings did not respond to a request for comment.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Trail Blazers Lay Off Dozens As Tom Dundon’s Cuts Continue

The team confirmed the departures in a statement Tuesday.
Valkyries President Jess Smith

Valkyries President: Team’s Projected $1B Valuation is ‘Accurate’

The Valkyries were projected to be the first 10-figure WNBA team.
Oklahoma City, OK - May 22, 2025 - Paycom Center: Shams Charania at NBA Countdown during game 2 of the 2025 Western Conference finals.

Shams Charania’s MVP Scoop Highlights NBA-NFL Differences

It’s hard to imagine such a scoop happening in the NFL.

Cuban: NBA Is Walking Into ‘Hornet’s Nest’ in Europe

The ex-Mavs majority owner is worried about the passion of European fans.

Featured Today

NFL Rivalries Are Made on the Field, Mocked in Schedule Release Videos

Every year, teams find new ways to one-up themselves (and their rivals).
Bart Swings/Falyn Fonoimoana/Avery Poppinga
May 14, 2026

OnlyFans Is Paying Pro Athletes What Their Sports Won’t

The adult-content platform is a reliable income source for niche athletes.
May 13, 2026

How Sports Graphic Designers Are Grappling With the Rise of AI Art

The release of ChatGPT 2.0 Images sparked a conversation among sports designers.
May 12, 2026

Collectible Cups Are Sending Sports Fans Into a Frenzy

The drink is secondary to the wild vessel it comes in.
Jun 12, 2025; Washington, DC, USA; Gov. Tim Walz (D-MN), left, alongside Gov. JB Pritzker (D-IL), right, and Gov. Kathy Hochul (D-NY), not shown, testify before the House Committee on Oversight and Government Reform during a hearing on state immigration enforcement policy in Washington, D.C., on June 12, 2025.

Trump Admin Sues Minnesota to Block Prediction-Market Ban

Minnesota is the sixth state the federal regulator has sued.
May 9, 2024; Columbus, OH, USA; Sports are shown on TVs behind the bar as guests enjoy the grand opening of DraftKings Sports & Social in the Short North. Though there are no on-site betting windows, eligible customers can place bets through the DraftKings app.
May 15, 2026

Gambling Layoffs Pile Up As Sports Betting Industry Recalibrates

Penn Entertainment headlines three companies with layoffs this week.
DraftKingsApp
May 18, 2026

DraftKings Cofounder: Kalshi Is Years Away From Competitive Product

Kalshi responded with a gif from the movie “Mean Girls.”
Sponsored

Mark Cuban Peels Back the Curtain

Mark Cuban discusses sports ownership, the rise of NIL, and the evolving media landscape.
exclusive
May 14, 2026

Polymarket’s Soccer Spree Continues With Serie A Deal

It’s the third big soccer deal Polymarket has reached this year.
Kalshi's logo is displayed on a smartphone placed on a reflective surface onto which a betting curve is projected in Creteil, France, on March 9, 2026, during a major scandal and a $54 million lawsuit concerning bets related to recent strikes in Iran. (Photo by Samuel Boivin/NurPhoto)NO USE FRANCE
May 13, 2026

N.M. Tribes Claim Kalshi Sports Markets Violate Federal Law

The suit cites the same law a Wisconsin judge said tribes can pursue claims over.
May 8, 2026

DraftKings, FanDuel Push Further Into Prediction Markets

“It’s one of our fastest to profitability business lines we’ve ever launched.”
FanDuel
May 6, 2026

FanDuel CEO Pushed Out After Five Years Amid Stock Slump

Shares of Flutter, FanDuel’s parent company, are down more than 50% this year.