As Ormond arrived at the crease Waugh asked 'What are you doing out here? There's no way you're good enough to play for England.'
But Ormond came back with the burn saying 'Maybe not, but at least I'm the best player in my own family' in reference to his brother and captain of the Australian team Steve.
Rounding out the top three was an exchange between South African Daryll Cullinan and Australian Shane Warne.
Warne told Cullinan he'd been waiting two years for another chance to humiliate him.
Cullinan replied 'Looks like you spent it eating.'
Maxibon's research revealed hitting a six was the most exciting element of cricket.
But a fifth of fans said watching the players sledging each other was their favourite part.
That reflects life off the cricket pitch with over half that were polled admitting to regularly joking around with friends and family.
The banter isn't avoided in the workplace either showing it's not just the cricketers who like to get digs in at their colleagues.
The poll also revealed that men are better than women at sledging.
Susanne Frecker at Maxibon wanted the research to find out what cricket fans really felt about sledging.
She said the fans agreed with the new sponsors that sledging is a fun part of the game that sets it apart from other sports.
Other classic one-liners included:
Andrew Flintoff (England) and Tino Best (West Indies): 'Watch the windows, Tino.'
Merv Hughes (Australia) vs. Robin Smith (England): 'If you turn the bat over you'll get the instructions mate.'
Viv Richards (West Indies) and Merv Hughes (Australia): 'Let's see you hit that to the boundary!'
Glen McGrath (Australia) and Eddo Brandes (Zimbabwe): 'Why are you so fat?'
Dennis Lillee (Australia) sledging the world: 'I can see why you are batting so badly, you've got some **** on the end of your bat.'