Although the outcome of every World Cup match is already priced into the market, upsets remain the norm.



As of July 9, there have been at least five truly major upsets in this World Cup. If you count strong teams being held to draws, penalty shootout scares, and title favorites nearly being eliminated, that number exceeds ten.

Five major upsets:
1️⃣ Spain 0-0 Cape Verde
2️⃣ Ecuador 2-1 Germany
3️⃣ Germany 1-1 Paraguay (eliminated on penalties)
4️⃣ Netherlands 1-1 Morocco (eliminated on penalties)
5️⃣ Brazil 1-2 Norway

In addition to the five above, these can also be included:
Brazil 1-1 Morocco
Australia 2-0 Turkey
Netherlands 2-2 Japan
Belgium 1-1 Egypt
Saudi Arabia 1-1 Uruguay
Portugal 1-1 DR Congo
Belgium 0-0 Iran
Uruguay 2-2 Cape Verde
Argentina 3-2 narrow win over Cape Verde
Argentina 3-2 comeback against Egypt

Football is round. So tonight, will France cause an upset?
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