2026 AFL Premiership Winner Odds - The Flag Race is On

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.

🟢 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.

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.

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.