Suarez's 'biteyness' is a well-known phenomenon: he has twice been caught taking a chunk out of an opponent on the field. (See howmanypeoplehasluissuarezbitten.com for details.)
So, according to this Norwegian football blog from June 9, the Swedish betting company Betsson started offering bets on whether the Liverpool forward would once again wrap his chompers around another player.
"Vil Luis Suarez bite en annen spiller?", or 'Will Luis Suarez bite another player?' was top of the list of wacky bets the blog cited as being offered by Betsson.
When contacted by The Local, Betsson said that a total of 167 punters from Sweden, Norway, Denmark and elsewhere had taken them up on the bet, getting generous odds of 175/1 for their high-risk wager.
Amazingly, their bet came good when Suarez appeared to bite Italy defender Giorgio Chiellini on Tuesday night.
"We lost a six figure amount in Norwegian kroner," Betsson spokesman Mikael Mellqvist told The Local. "Now the new bets are on how long a suspension Suarez will get, and whether another player will also bite someone in this World Cup".
Among the winners was Thomas Syverson from Trondheim, who made the bet in the betting slip released over Twitter, and Ruben Gabrielsen, a player for Norway's Lillestrøm SK team, who on Tuesday claimed on Twitter to have made 3,500 kroner on the bet, posting the betting slip to his followers.
"I know that there are many who have lost a lot of money on the World Cup, but if you guess like me, you win!" he tweeted.
According to Betsson, the biggest winner was an unnamed Norwegian man, who walked away with wins of more than 20,000 kroner ($3,300).
Here is Thomas Syverson's slip.
And here is the betting slip Ruben Gabrielsen tweeted yesterday: