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A repeat performance was not meant to be, as Clijsters was wide on match point to end any chance at becoming the eighth woman to repeat as Aussie champion.
Azarenka is 3-3 in her career against Sharapova, with two of those wins coming in finals.
After that battle, Sharapova downed second-seeded Petra Kvitova 6-2, 3-6, 6-4 to avenge her loss to the Czech in last year's Wimbledon finale.
Kvitova beat Sharapova in straight sets to win her first Grand Slam last July, but trailed early against the three-time major titlist on Thursday at Melbourne Park.
"In the third set, I felt she always had the advantage because I was always down on my serve," said Sharapova, who piled up five double faults in the third set and 10 in the match. "I just told myself "You just gotta go for it, don't let her finish off the points like she likes to."'
The 22-year-old Azarenka, meanwhile, became the first Belarusian woman to reach a Grand Slam final since Natasha Zvereva was the runner-up at Roland Garros in 1988 when she was representing the Soviet Union.
In doing so, Azarenka ended another memorable performance Down Under by Clijsters, who has stated she will retire after the Summer Olympics in London.
Azarenka held serve with relative ease the rest of the opening set to stay in the driver's seat, but Clijsters began her comeback by breaking at love on Azarenka's first service game in the second.
"I felt like my hand is about 200 kilograms and my body is about 1,000 and everything is shaking, but that feeling when you finally win is such a relief. My God I cannot believe it's over. I just want to cry," Azarenka said as she fought off tears, then put her face in a towel.
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Super Bowl XLIII isn't even a week old yet and oddsmakers have already released Super Bowl XLIV odds.
Despite the Pittsburgh Steelers winning Super Bowl 43, the New England Patriots are 8/1 favorites to win Super Bowl 44.
Bet Super Bowl XLIV Future Odds
With their 27-23 victory over the Arizona Cardinals in Super Bowl XLIII, the Steelers became the latest NFL champion. But believe it or not, oddsmakers from online sports book MySportsbook.com don't have the Steelers the favorites to win Super Bowl XLIV next season.
That honor belongs to the New England Patriots, who are 8/1 favorites to win despite not even qualify for the postseason in 2008. The Pats also have a major decision to make regarding what to do with Matt Cassel, who played well in Tom Brady's (knee surgery) absence last year but is also a free agent this offseason.
Ironically, the Steelers aren't even oddsmakers second choice to win Super Bowl 44, as the Dallas Cowboys are listed right behind the Patriots at 9/1 despite not making the playoffs themselves. Clearly oddsmakers think the public will hop back on the Cowboys' bandwagon considering the immense talent they have and the opening of a brand new stadium.
After Dallas, then comes Pittsburgh at 10/1, but they share those odds with the New York Giants, who won Super Bowl XLII. The Indianapolis Colts and San Diego Chargers round out the top six teams at 12/1, while the Baltimore Ravens (14/1), Tennessee Titans (16/1), Carolina Panthers (18/1) and Philadelphia Eagles (18/1) complete the top 10.
The NFC Champion Arizona Cardinals got no love from oddsmakers as they were established as a 30/1 long shot to win next year's Super Bowl. They share those same odds with the Chicago Bears and Tampa Bay Buccaneers two teams that didn't even qualify for the postseason. Other long shots are the Kansas City Chiefs (100/1), Detroit Lions (100/1), St. Louis Rams (75/1) and Oakland Raiders (75/1).
To see a complete list of all the team's odds to win Super Bowl XLIV, check below.
NFL TEAM FUTURE ODDS TO WIN SUPER BOWL XLIV
New England Patriots 8/1
Dallas Cowboys 9/1
New York Giants 10/1
Pittsburgh Steelers 10/1
Indianapolis Colts 12/1
San Diego Chargers 12/1
Baltimore Ravens 14/1
Tennessee Titans 16/1
Carolina Panthers 18/1
Philadelphia Eagles 18/1
New Orleans Saints 20/1
Atlanta Falcons 25/1
Denver Broncos 25/1
Green Bay Packers 25/1
Jacksonville Jaguars 25/1
Minnesota Vikings 25/1
New York Jets 25/1
Arizona Cardinals 30/1
Chicago BearS 30/1
Tampa Bay Buccaneers 30/1
Buffalo Bills 35/1
Houston TexaNS 35/1
Miami Dolphins 35/1
Washington Redskins 35/1
Seattle SeahawkS 50/1
Cleveland Browns 55/1
Cincinnati Bengals 60/1
San Francisco 49ers 60/1
Oakland Raiders 75/1
St. Louis Rams 75/1
Detroit Lions 100/1
Kansas City Chiefs 100/1
Odds as of: 2/2/09
Bet Super Bowl XLIV Future Odds
To visit this online sportsbook go to MySportsbook.com for all your NFL football betting needs.
MySportsbook features easy-to-use online betting software that’s the most reliable in the industry. If you’re looking to bet underdogs, then this Sportsbook is the place - we have the best betting lines in the business. MySportsbook is your one-stop shop for all your betting needs - sports betting, poker, casino, and horse betting . MySportsbook offers every bet type with lightning fast settlement of wagers. Take advantage of free statistical analysis - including against-the-spread and straight-up trends - in MySportsbook’s game previews section. With MySportsbook there are unlimited free deposits and payouts - and no transaction fees!
To visit this online sportsbook got to MySportsbook.com for all your football sportsbook needs.
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