Favourites now friendless: Epic NRL betting landslide continues as giants tumble
Following a dominant bounce-back season in 2026 Penrith continues to be short-priced favourites to triumph in the NRL grand final on Sunday, 4 October.
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Currently only the Sydney Roosters ($8.50) and New Zealand Warriors ($9) are in single figures and given any hope to challenge them come September.
Meanwhile 2025 finalists the Bulldogs, Raiders and Storm have all tumbled alarmingly from their pre-season quotes.
But, of course, their sorry plights pale by comparison to reigning NRL champions Brisbane.
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Michael Maguire may insist they still have a chance but the betting markets aren’t buying it, nor are many others.
The Broncos have plummeted from outright premiership favouritism ($6) at the start of the season to the remarkable price of $376 — surely the longest odds a reigning premier has ever been listed at with eight rounds of the season still to be played.
It might just be worth a $1 bet Bronx fans, purely for the souvenir value?
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The Sporting News has all the latest news and changes in the 2026 NRL premiership betting market.
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What are the NRL 2026 premiership odds for every team?
Team | Odds Now | Odds Pre-Round 1 | Ladder Change +/- |
1 Penrith Panthers | $2.62 | $6.50 (2nd) | +1 |
2 Sydney Roosters | $8.50 | $7.50 (4th) | +2 |
3 New Zealand Warriors | $9.00 | $26.00 (11th) | +8 |
4 Dolphins | $13.00 | $23.00 (=9th) | +5 |
5 Cronulla Sharks | $14.00 | $21.00 (7th) | +2 |
6 South Sydney Rabbitohs | $15.00 | $21.00 (8th) | +2 |
7 Newcastle Knights | $18.00 | $67.00 (=15th) | +8 |
8 Manly Sea Eagles | $19.00 | $36.00 (13th) | +5 |
9 North Queensland Cowboys | $26.00 | $34.00 (12th) | +3 |
10 Melbourne Storm | $31.00 | $7.50 (3rd) | -7 |
11 Canterbury Bulldogs | $101.00 | $14.00 (5th) | -6 |
12 Wests Tigers | $201.00 | $41.00 (14th) | +2 |
13 Canberra Raiders | $215.00 | $16.00 (6th) | -7 |
14 Brisbane Broncos | $376.00 | $6.00 (1st) | -13 |
15 Parramatta Eels | $501.00 | $23.00 (=9th) | -6 |
16 Gold Coast Titans | $701.00 | $67.00 (=15th) | -1 |
17 St. George Illawarra Dragons | N/A | $71.00 (17th) | Unchanged |
Current Sportsbet odds at 13 July 2026.
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