Caleb Truax pulled off a stunning upset of James Degale, who was as high as an 80-to-1 favorite at online betting sites. With the win, Truax becomes the new IBF super-middleweight champ.
The shocking upset came in front of Degale's home crowd at the Copper Box Arena in London. From the early stages, Truax was applying the pressure, and he hurt Degale in the 5th round with an uppercut.
Dazed and bloody, Degale bravely fought on and was able to rally late, though it was not enough to sway the judges as Truax was awarded a majority decision with scores of 114-114, 112-115, and 112-116.
Despite the apparent success of Truax during the fight, Degale was still a 2-to-1 favorite at the final bell.
Bettors who believed in Truax would have cashed in at (+5000) odds. Which means a $100 bet would have won $5000 in return!