WTF just happened? I was seriously thinking about betting in favor of Italy, but cancelled my plans at the last minute.

Never in my wildest dreams I expected something like this. Anyway... who will qualify from the group? Italy or Uruguay?
This is the reason I avoid betting, you got lucky that you didn't bet on Italy but many out there wasn't that lucky . The way Italy played this afternoon, Uruguay must be feeling confident about their chances of advancing further.