AFL Premiership Odds: Current Outright Markets and Fractional Prices

AFL premiership odds are the outright prices on which club will win the AFL Grand Final and be crowned premiers, shown in fractional format for UK customers. With 18 teams in the running, prices range from a short favourite to long-shot outsiders, and they move all season as form, injuries and the ladder take shape. On Betway, this market is the Grand Final Winner.

This page explains the AFL premiership odds and outright markets, the wider AFL betting options, how the prices are calculated and what moves them. The Brisbane Lions are the reigning premiers after back-to-back flags in 2024 and 2025, and in 2026 in-form sides such as Fremantle, Sydney, Hawthorn and Brisbane have featured near the top of the market. For live prices, see the Grand Final Winner market on this page.

AFL premiership odds: the outright market and what moves it

The premiership outright, listed as the Grand Final Winner, prices every club to win the flag. In an 18-team field the prices are spread wide: a clear favourite might sit around 9/2 to 11/2, the next group of contenders longer, and the rebuilding sides out at 50/1 or more. These figures are illustrative, to show how the market is shaped, not live prices.

The team-by-team prices shift through the season: a side on a long winning run shortens, an injury drifts a contender, and a strong finish to the home-and-away season can move a club into favouritism. These are the market movers, the clubs whose premiership odds have shortened or drifted on form, injury news or the run of fixtures. 

AFL betting markets: outrights, match bets and in-play explained

AFL betting runs well beyond the premiership outright. The season-long markets include the Grand Final Winner, the Regular Season Winner for the club that tops the ladder, Top 4 Finish and To Reach The Grand Final, plus player awards such as the Brownlow Medal and the Coleman Medal. These outrights are priced before the season and stay live throughout.

Match betting covers a single game, where the head-to-head money line prices each side to win, alongside line (handicap), total points and in-play markets. An each-way AFL bet on the premiership pays a smaller return if your club reaches the Grand Final without winning it. Whether you back a single Aussie rules bet on a weekend game or an outright on the flag, the prices are shown as fractions, and the everyday Aussie rules betting on Betway centres on the AFL.

How Aussie rules betting odds for the premiership are calculated

Aussie rules betting odds reflect how likely the bookmaker thinks each outcome is, with a margin built in. For the premiership, the price on each club is shaped by its perceived chance of winning the flag, then balanced against how much money is placed across the field, so the prices on all 18 teams add up to more than 100 percent.

Several things move those prices. Ladder position and recent form are the biggest, since a winning run lifts a club up the market. Injuries lengthen a side, a tough run of fixtures shifts expectations, and finals experience counts when the market judges contenders. Weight of money matters too, as heavy betting can shorten a price without fresh news. Being a futures market, the premiership is revised after every round.

Historical premiership context: recent premiers

Recent history shapes how the market reads contenders. The Brisbane Lions are the reigning premiers, beating Geelong in the 2025 Grand Final for back-to-back flags after also winning in 2024. Collingwood took the 2023 title and Geelong won in 2022. The market leans on finals pedigree, though the AFL has produced surprises, with the 2016 Western Bulldogs winning from seventh on the ladder. Outright prices fold this history in, so a proven contender often starts shorter than a fast-improving newcomer.

How in-play and Cash Out affect premiership markets

In-play results feed straight into the premiership market. A statement win shortens a club's outright price, while a heavy loss or a serious injury can drift it within hours, and each result moves the prices more as the finals near. Cash Out, where offered, lets you settle an outright bet before the Grand Final for a value based on the current odds, locking in a profit if your club has shortened or limiting a loss if it has drifted. You can follow live games through Betway in-play betting.

Frequently asked questions about AFL premiership odds

What are AFL premiership odds?

AFL premiership odds are the outright prices on which club will win the AFL Grand Final and be crowned premiers. On Betway the market is the Grand Final Winner. With 18 teams in the field, prices range from a short favourite to long outsiders, shown in fractional odds for UK customers.

Who are the favourites for the 2026 AFL premiership?

Heading through the 2026 season, in-form sides such as Fremantle have featured towards the top of the premiership market, alongside Sydney, Hawthorn and the reigning premiers Brisbane. Favouritism shifts each round with results and injuries, so check the live Grand Final Winner market for the current order.

How do fractional odds work for the AFL premiership?

Fractional odds show profit against stake. At 9/2, a £2 bet returns £9 profit plus your £2 stake, so £11 in total. At 5/1, a £10 bet returns £50 profit. The shorter the price, the stronger the contender. In an 18-team field, even favourites carry longer prices than in a two-way market.

Where can I find the current AFL premiership odds?

The current AFL premiership odds are on the Grand Final Winner market on this page, which updates as results come in through the season. The figures in this guide are illustrative, so use the live market for the latest team-by-team prices before placing a bet.

Who won the most recent AFL premiership?

The Brisbane Lions are the reigning premiers, beating Geelong by 47 points in the 2025 Grand Final at the MCG. It was their second flag in a row after also winning in 2024, and their fifth overall. The 2026 Grand Final is scheduled for late September.

Is AFL betting available in the UK at Betway?

Yes. Betway is licensed and regulated in Great Britain by the Gambling Commission under account number 39372 and offers AFL betting to customers aged 18 and over. Markets cover the premiership outright, match betting, player awards and in-play, all shown in fractional odds.

Related markets and where to check live prices

AFL match betting page covers weekly games, and the betting rules explain how outright and each-way markets settle. Betway is licensed and regulated in Great Britain by the Gambling Commission, for customers aged 18 and over.