A big upset went down as the Michigan Wolverines just lost the VRBO Fiesta Bowl in Glendale, Arizona.

Meaning, the gambling world just got their asses handed to them. Quarterback Max Duggan of TCU had four touchdowns as the Horned Frogs advanced to the NCAAF National Championship.

Yes, David Portnoy took a financial hit as Michigan was unable to come back in the second half and lose their first game of the season.