Watford continued their great run of form in recent weeks with a convincing 3-0 victory over the Reds at Vicarage Road on Sunday afternoon.
Nathan Ake put the home team in the lead after just three minutes, and Odion Ighalo doubled the advantage on 15 minutes.
Ighalo secured the three points for the Hornets five minutes from full time with his second goal of the match.
Former Newcastle striker Shearer has revealed that he had backed Watford to win against Liverpool, but he has admitted that he did not expect them to triumph so convincingly.
“I wasn’t surprised that Watford beat Liverpool this weekend, in fact I was so certain of it I had a bet on it, but I was surprised by how convincingly they did it,” the former England international has written on Coral.co.uk.
“They were too quick, strong and good for them on the day. Watford were better in every department. They certainly deserved to win and be where they are in the Premier League table.”
Over the course of the 90 minutes at Vicarage Road, hosts Watford had just 35% of the possession, took six shots of which five were on target, and earned seven corners.
Visitors Liverpool had 65% of the possession, took 12 shots of which only four were on target, and earned nine corners.
Watford are seventh in the Premier League table at the moment with 28 points from 17 matches, while Liverpool are ninth with 24 points.