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п»їTop 10 Biggest Upsets in Sports History.
Of course, an upset isn’t great for everyone involved; sportsbooks, bettors on the favorite’s side, and the opposing team’s fans are understandably not joyous about this kind of scenario. But for neutral fans, those betting on the underdog, and fans of the team, this is often a day that they will cherish for the rest of their lives.
When selecting the greatest sports upsets of all time, we considered a variety of sports from across the world as well as the ones that went completely against the grain. The biggest sports upsets exist because very few will bet on the underdog winning, and these results hit bookmakers and bettors hard.
Here is our list of the biggest sports upsets of all time:
Chelsea wins 2012 UEFA Champions League Final.
There are a few stadiums in the world that are as intimidating as the Allianz Arena in Munich, Germany. Packed to the rafters with passionate and vocal fans, Chelsea took on a fiercely competitive Bayern Munich on their home turf. A frenzied first half of wonderful saves from both keepers was finally broken by Thomas MГјller, only for Didier Drogba to equalize five minutes later. Peter ДЊech then saved a penalty from Arjen Robben to keep Chelsea in the game.
The final went down to penalties, in which Chelsea won 4-3. The bookmakers and many bettors and fans across the world looked on in disbelief as Chelsea took the title of UEFA Champions League winners for the first time in their history, in front of their opponent’s home fans.
North Carolina State beat Houston in 1983.
The year was 1983 and Houston was in formidable form. Led by two up-and-coming NBA legends, Hakeem Olajuwon and Clyde Drexler, they had torn across the country and were currently 31-2.
However, Sydney Lowe led the Wolfpack in a full-on assault late in the game, and Dereck Whittenburg’s alley-oop to Lorenzo Charles won the game and a national championship for North Carolina State, who won 54-52.
Greece wins 2004 Euros.
When it came to the favorites for the Euro 2004 Championship, Greece was nowhere near the top with no star players and a defensive mindset. However, they went on one of the most memorable runs of form from a soccer team in history. They ran riot over France (who were the defending champions) and the Czech Republic in the knockout rounds. They then went on to beat Portugal in the final.
US Hockey beats Soviet Union.
In 1980, the Winter Olympics took place at Lake Placid, in New York. The American National Ice Hockey Team was to take on one of the world’s best teams in the form of the Soviet Union. The Soviet Union team was at their peak, with highly skilled, experienced players that had been winning trophies for years. In contrast, the American team was made up of unknown college players and others who didn’t come with much of a reputation. The win against the Soviet Union at Lake Placid will always be remembered as one of the country’s proudest sporting moments.
New York Jets beat Baltimore Colts.
In 1969, Jets quarterback Joe Namath, famously promised that they were going to win the Super Bowl III by beating the Baltimore Colts. Despite his obvious confidence in his team, very few sports fans or bookies agreed. Almost everyone expected the Colts to brush the Jets aside, as they had done to most teams that season. The Jets went on to score 16 points for which the Colts simply had no answer.
A horse named Upset.
When the horses lined up at the Sanford Memorial Stakes, in the early 1900s, there was very little expectation that a horse, that very few people knew, would take home the grand prize. With odds of 100-1, Upset, the aptly-named racing horse — streaked ahead to get his nose over the finish line before any of his vastly superior competitors, such as Man o’ War, who had never lost a race.
Leicester wins the Premier League.
Now, this is the fairytale underdog story of the century. In 2016, Leicester City had just battled relegation from the UK’s Premier League soccer division in the season before. They had mammoth 5000-1 odds stacked against them to win the Premier League. Leicester was expected to finish at the very bottom of the elite league. The world watched in disbelief as the Premier League minnows successfully beat clubs hundreds of times richer and bigger than them. They successfully went on to be crowned champions.
Patriots fall to the NY Giants.
In 2008, the New England Patriots had just finished off with a perfect season. Their 19-0 record took them into the Super Bowl XLII with full of confidence. The game started off as you’d imagine with the Patriots up by 12 points in Las Vegas. Then the unthinkable happened — a catch from David Tyree started a Giants drive in the dying moments of the fourth quarter. With just 35 seconds left on the clock, the Giants got the touchdown they had been praying for and took the cup against all odds.
Federer beaten by youth.
Even if you know next to nothing about tennis, it’s likely you’ll know exactly who Roger Federer is. He is one of the best players to have ever graced the court. Between 2003 and 2009, he was in his prime and won a massive fourteen major tournaments in that time, including five US Opens and six Wimbledon titles. In 2009, he was expected to go all the way in the US Open, as he had done the year before. He made it through to the finals, in games, which seemed to barely trouble him. On the day of the final match, he was extraordinarily beaten by 20-year-old Argentinean Juan Martin del Potro, who has never gone on to win another major trophy.
Mike Tyson knocked out.
There is no name that is as synonymous with heavyweight boxing as Mike Tyson. Tyson was a man who ran riot during his prime, with knockout after knockout bestowed upon his competitors. So on the night when he was pitted against Buster Douglas, most people saw it as a routine win for Tyson, and Douglas’ odds were at about 50-1. What no one saw coming was Buster Douglas surprising Tyson and knocking his lights out to win the world title. When considering the biggest upsets in sports history, this is undoubtedly one that will stay in the record charts for many years to come.
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Gambling 101: What is an Underdog?
What is Underdog Point Spread Betting?
Players betting on Tennessee, with (-105) juice at FanDuel, receive added value over the (-114) juice posted at DraftKings. Bettors need to wager $105 to earn a $100 profit with the (-105) price while the same return requires a $114 bet with (-114) juice. To be fair, the reverse was true for those backing the Broncos, as the juice on the favorite was lower at DraftKings. Having an account at more than one sportsbook is part of a proper bankroll management plan.
What is Underdog Moneyline Betting?
Underdog Prop and Parlay Betting Options.
Team and player props are often posted with favorites and underdogs. UNDER was a heavy longshot in the 2020 NFL preseason Le’Veon Bell prop option below. Bettors can also create parlay tickets that consist of underdogs only or they can mix in some favorites. Since underdog juice is more expensive on MLB and NHL point spreads, bettors can tie two or more teams together to create better value. SI features underdog wagering, and much more, across a variety of sports.
Why is a Side Tagged With Underdog Odds?
There are many reasons why a team or individual is posted as an underdog. While caliber of talent is the primary reason, bettors need to dig deeper to find the root of a longshot. Current form and injuries, plus venue and scheduling, also have an impact on underdog odds. If a team is getting a star player back from injury, or showing signs of snapping a losing streak, a longshot bet may be the way to go. With proper research – underdog betting can be profitable.


5 Tips for Betting the Moneyline.
Value. Risk. High payouts. Betting on the moneyline combines all the factors that make gambling on sports such an exciting venture.
If you’re not familiar with the term, the moneyline is best described as the odds you get when you bet on who will win a game straight up. When you take the spread out of the occasion, betting becomes less about luck and more about spotting your opportunities and taking advantage of them.
The unfortunate reality is that most amateur bettors ignore the moneyline because of the risk involved.
Either you bet on a favorite and risk losing more than you stand to gain, or you bet on the underdog and have a much higher chance to lose your bet.
With that being said, the moneyline presents a unique chance to win big if you have the right strategy in place. In this article, I’ll lay out the factors to take into consideration that could help you capitalize on moneyline bets in all sports.
1 – Selection Is Key.
In the same way the real estate is about location, location, location, betting on the moneyline is all about selection, selection…you get the point.
Whereas betting on the spread can leave more opportunity to win bets when you don’t really know what you’re doing, consistently adding to your bankroll via moneyline bets requires you to be picky when deciding which games to play.
Obviously, the trick in finding the best value is identifying games in which the underdog has a chance to win, or betting on a favorite isn’t too costly. However, if you’re playing multiple games at once, you can take a few more chances.
It’s important to keep in mind that sportsbooks adjust their moneylines in accordance with the public’s action, so you can find instances where the odds actually lean slightly your way if you have more knowledge of a game.
Research is key when deciding which plays to make, so do an adequate amount of homework and carefully choose which underdogs you think have a chance to win a game outright.
2 – Long-Term Approach.
I can’t stress this enough—betting on the moneyline is a long-term game. Evaluating your success or failure after just a few games, or even a few weeks, isn’t going to help you gather an accurate assessment.
Because the best value in betting moneylines is found on the underdog, you’re almost always going to lose more bets than you win.
The key is recognizing that you can lose more than half of your bets and still make a ton of money if you win the right games.
One of the best ways to stay on top of how you’re doing is by creating a tracking system so that you’re aware of the money coming in and money going out. Because, as previously mentioned, you’re likely to lose more bets than you win overall, it can create a distorted picture if you don’t monitor things correctly.
3 – Don’t Neglect Favorites (But Choose Carefully)
Many bettors think that unless you only bet favorites, moneylines aren’t worth the risk. However, that’s not always the case.
It’s probably best to stay away from favorites in the -250 to -300 range, as this is the spot where upsets are still entirely possible and it’s not worth it to make a bet where you’ll only return a third of your money.
If you’re the type of bettor who wants to play the favorites, consider giving away some points, even if it’s not the full spread. This will increase your payouts and slightly close the gap between risk and reward.
Another move that can be profitable is a multi-team parlay with moneyline favorites.
In any given NFL week, you can choose the top three or four most lopsided games and still get a nice haul if you hit on each. While you might only win the same amount you bet, meaning $100 to win $100, it’s not necessarily too big of a risk. Just keep in mind that, as the cliché goes, anyone can win on any given Sunday.
The best odds for betting favorites exists in the -150 to -200 range. These lines present an opportunity to win back decent money for your bet. Obviously, you’re going to suffer some losses that will make you feel like it’s pointless to bet on the favorite, but that’s the price you pay for picking the team that “should” win.
4 – Consider the Sport.
Bettors who like gambling on baseball and hockey games are acquainted with the power of the moneyline in a unique way. Unlike basketball and football, baseball and hockey’s “default” play is who will win the game outright.
Most baseball betting purists will contend that it’s always a smarter move to put your money on the underdog.
After all, even the worst teams in the league win about 60 times per year. Because of the unpredictability of who will win is so high, when you’re able to find an underdog at -200 or more, the value is hard to resist. Though the winning percentage numbers are slightly different, the same philosophy holds true for hockey.
Things are a little different when it comes to betting on football and basketball moneylines. In football, if there’s a favorite of -200 or more, statistically, they’re much more likely to win the game outright than in other sports.
Basketball can be a bit more difficult, as good teams are susceptible to upsets, but only in certain situations. If you’re betting on the NBA, do your research to find out which scenarios create a better chance for the underdog to win and you can make educated plays with high value.
Determining the likelihood of underdogs winning outright is always going to be a complicated proposition, so make sure to do research specific to the sport you want to bet on before taking the leap.
5 – Assess Value.
All gamblers know that the key to a good betting strategy is making plays with good value. Finding value is a concept that’s easy in theory, but extremely difficult in practice.
Sportsbooks put a value on each time via the moneyline, and while this is a good starting point, it isn’t necessarily always accurate. This means that you’ll have to do some work on your end to see if your prediction of the potential outcome of a game align with the odds presented.
The best way to do this is by first evaluating each game without looking at the moneyline.
Take all factors into account such as injuries, whether or not a team is hot or cold, past history between the two teams, and obviously overall team talent. This will help you decide if a team is over, under, or properly valued.
You’ll find that an undervalued underdog is attractive because you can bet less to win more. Although this is absolutely true, bettors have a tendency to overlook undervalued favorites. If there was ever such thing as a “safe” bet, it’s a moneyline favorite when you can get odds better than -150.
Conclusion.
It’s unlikely that you’ll give up betting on spreads entirely, but adding the moneyline option to your betting strategy can have huge benefits. It’s a good way to recognize that not only do favorites not always cover the spread, but they often lose outright.
Find a specialty, whether it’s finding value in favorites or underdogs, and see if you can steal a few games without worrying about covering.
Rex Hoffman is a passionate sports writer, with over five years of experience covering sports journalism in line with the Vegas betting landscape. His favorite subjects include football, basketball, and baseball. As a Las Vegas resident, he enjoys finding an edge against the local sportsbooks and aims to share his extensive knowledge with both beginners and experienced bettors. Rex also dabbles in horse racing wagering and enjoys typical casino fare like blackjack and poker in his spare time.
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What Is an Underdog in Sports Betting?
Richard A. Whittaker/Icon Sportswire via Getty Images.
In just about any game — professional sports or otherwise — there’s going to be an expected winner and an expected loser. Teams and players rarely have the exact same level of talent, so when, say, the 11th-place Kings have to play the first-place Lakers, we aren’t expecting Sacramento to come away with a win.
And while that may not be the most complicated concept to understand, it’s a fundamental one when it comes to sports betting — the underdog .
What Is an Underdog?
In sports betting, an underdog is a team or player expected to lose a given game or event.
In the example above, the underdog would be the Kings, as they’d be expected to lose against the Lakers, who would be the favorite. And oddsmakers have two ways of quantifying how big an underdog is: the spread and the moneyline.
How Do I Know Who Is the Underdog?
Point Spread Underdog.
The “spread” is the difference between the two teams in play in terms of their expected points to be scored in the game. This allows bettors to make bets on how close a game will be, as opposed to simply betting on the winner and loser.
The greater the spread, the bigger the underdog.
In the case above, the Kings are seen as 11.5-point underdogs against the Lakers. That means that in order for a Kings bet to win, they’d need to lose by no more than 11 points, or win the game outright. If they were to lose by 12 points or more, Sacramento bettors would lose their money.
You’ll notice that both spreads are listed in front of a minus number (-110). That number is simply to denote the vig (tax) taken by the sportsbook. In other words, regardless of which spread you choose to take, you’ll have to risk $110 to win $100 (or $11 to win $10, etc.).
In some cases, though, the teams will be seen as even matches, and the spread will be zero points (called a pick’em). In such a game, assuming the vig is once again -110 on each side, there is no underdog. If one team’s vig was lower, however (-105 vs. -115, for example), that team would be considered a very slight underdog, as that would mean it would take a $105 bet to win $100, as opposed to a $115 risk for the other side.
Moneyline Underdog.
Reading moneyline odds is very similar to reading the vig, with the only difference being the numbers can be far more distant from even.
In moneyline sports (baseball and hockey are the main American ones), you’re betting on which team will simply win the game, rather than the expected margin of victory.
Sometimes you’ll come across games in which both teams will have a minus sign (-115 vs. -105, for example). In such a game, just like in the pick’em example above, the team listed with a smaller number (-105) is considered the slight underdog.
Should You Bet on Underdogs?
There is no simple answer to this question. If there were, bookmakers would be out of business in a hurry.
Of course, underdogs lose games more often than favorites, but that’s not to say that they necessarily lose more money for bettors than favorites.
In fact, in the NFL, underdogs have covered the spread to the tune of a 2224-2169-135 record (50.6%) since 2003. Because of the vig, that still has resulted in an overall loss of money, but it’s less money lost than would have come from taking every favorite.
On baseball moneylines, underdogs have gone 15,683-21,231 since 2005, but once again, have not lost quite as much money for bettors as favorites have.
Neither of those figures should be taken to suggest that you should only bet underdogs, but rather that the betting market has the game of sports betting pretty well figured out.
New to Sports Betting?
New to sports betting and in New Jersey, Colorado, Indiana or West Virginia? Check out BetMGM, which is offering Action Network users a $500 deposit match.
If you’re in Pennsylvania, Iowa or New Hampshire, check out DraftKings.




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