I'm not real sure of the timeline then, but it could have had something to do with Murphy tko'ing Jake LaMotta.
No, as Marvelous as he was, Hagler was a terrible judge. I think the consensus is, a draw was fair. The Petronelli's told Hagler to take it easy late, and thus he blew it...
Jose 'Pipino' Cuevas was an 'Underdog' when faced #1 Miguel Angel Campanino. Davey Moore over Charlie Weir in South Africa.
Recently, Golata of all people, was backed to the degree of being a 5-2 favorite over the champion Brewster. And that was coming in off the Ruiz fight for recent form.