2026 AFL Premiership Winner Odds - The Flag Race is On

Ryan Tucker

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Fact Checked by Jeremy Darke

Last updated: 30 Mar 2026

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Ryan Tucker 30 Mar 2026

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Gold Coast Suns favored to win 2026 AFL Premiership at $4.00.
Top contenders: Brisbane Lions, Swans & Bulldogs.
Significant odds shifts: Bulldogs up, Essendon down.

Brisbane Lions players celebrate after winning the 2025 AFL Grand Final. (Photo by Darrian Traynor/Getty Images)

2026 AFL Premiership Odds - Expert Insights

Think your team can go all the way in 2026? We're tracking it round by round, from the first bounce to the last Saturday in September. This is your weekly go-to for Premiership odds, movers, favourites and a few spicy value bets thrown in.

Every week we’ll update how the market is shaping, telling you who’s hot, who’s not, and which clubs the bookies are starting to believe in. Whether you’re backing your boys blindly or riding the odds rollercoaster like a seasoned punter, this page will follow the full story.

See the full 2026 AFL Season Fixture.

🟢 Flag favourites? Shifting every round.

🟠 Form slumps? Punished on the market.

🔵 Value teams? We’ll highlight them for you.

Top odds, full ladder context, and a little banter along the way.

Updated Odds Market

AFL 2026 Grand Final Winner	Odds
Gold Coast Suns	$4.00
Brisbane Lions	$4.80
Western Bulldogs	$5.50
Sydney Swans	$6.50
Hawthorn Hawks	$7.00
Fremantle Dockers	$8.50
Geelong Cats	$11.50
Adelaide Crows	$13.00
Collingwood Magpies	$23.00
St Kilda Saints	$41.00
GWS Giants	$41.00
Port Adelaide Power	$51.00
Melbourne Demons	$61.00
Carlton Blues	$61.00
North Melbourne Kangaroos	$76.00
West Coast Eagles	$151.00
Richmond Tigers	$191.00
Essendon Bombers	$376.00

Odds from Ladbrokes Australia 30-03-2026

Weekly Update - Round 3

Round 3 exposed a few of the teams sitting in that messy play-in range.

Carlton ($61) coughed up a big lead to Melbourne ($61), but the market barely reacted. Same story for Port Adelaide ($51), who lost to West Coast ($151), the result noted but pricing unchanged.

Geelong firmed into $11.50 after another solid performance, while St Kilda drifted out to $41 as bookmakers continue to wrestle with one of the more unpredictable profiles in the comp this season.

Round 2

Round 2 definately threw up some surprises and there are key movers in the odds rankings. The Western Bulldogs have shortened dramatically after one of the best starts to a season for a number of years.

The Fremantle Dockers have been volatile over the first few weeks of the year but look to have steadied in single digit territory.

The Suns are still shining up north while the Orange Tsunami - GWS are struggling with injuries.

Round 1

Round 1 is done and dusted and it's the Bulldogs $8 who have moved the most up the odds rankings.

Brisbane $5.50 have been slow out of the gates while St Kilda $56 have not shown enough to keep them in the top 10.

Opening Round

Opening Round produced a few early market shifts. St Kilda underwhelmed compared to preseason expectations and have drifted down the premiership odds after their loss.

Gold Coast moved the other way. An impressive start to the season has seen the Suns surge into $5.00 favouritism to win the flag.

Sydney and the Western Bulldogs both strengthened their positions with convincing wins, while the defending premiers remain second favourites despite suffering an Opening Round defeat.

Pre-season Expert Preview

The Brisbane Lions are tipped to go back-to-back-to-back in 2026, a three-peat they famously pulled off from 2001 to 2003. With Sam Draper and Oscar Allen joining an already stacked squad, it’s no surprise they’re leading the market as early premiership favourites.

Hot on their heels are the Sydney Swans, Hawthorn Hawks and the Gold Coast Suns, rounding out the top four in early odds. The Suns are coming off their first ever finals appearance and now boast two big-name additions in Christian Petracca and Jamarra Ugle-Hagan. The Swans have recruited well and are tipped for a surge despite not making finals in 2025. As for Hawthorn? They’re the wildcard of the comp with plenty of upside and plenty of mystery.

The Cats, 2025 Grand Final runners-up, still have plenty of firepower to chase another flag. St Kilda’s another team on the rise, with plenty of footy pundits backing them for a top six push - but as always, the Saints will need to prove it when the heat’s on.

One thing’s for sure, 2026 is shaping up to be one hell of a season. We'll be tracking the movement all year long right here on AussieBets, with weekly AFL premiership odds updates, talking points and value plays to keep your group chats humming.