NRL 2025 Grand Final Betting Odds - Who will win the 2025 NRL Grand Final?

Andrew Hendrie

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Last updated: Tue 23 Sep 2025 10:04

Andrew Hendrie 23 Sep 2025

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Latest odds for the 2025 NRL Grand Final winner
Storm favourites at $2.75 with Betr
Panthers outsiders at $17 to make it five Grand Final wins on the bounce

Penrith Panthers celebrate their 2024 Grand Final win (Photo by Getty Images)

The latest odds and favourites for the 2025 NRL Grand Final can be found below.

The Panthers continue to make history after beating the Storm for a fourth straight premiership - can Ivan Cleary's side make it five on the trot in 2025?

NRL Premiership Odds Update & Blog
Round 15
Round 14
Round 12
Round 11
Round 10
Round 9
Round 8
Round 7
Round 6
Round 5
Round 4
Round 3
Round 2
Round 1

Online bookmaker Betr have the latest odds for who will win the 2025 NRL Grand Final below.

NRL 2025 Grand Final Winner	Odds
Melbourne Storm	$2.80
Penrith Panthers	$3.10
Brisbane Broncos	$3.70
Cronulla Sharks	$7.50

Odds from Betr. Correct from 23/09/25.

NRL Premiership Odds Update & Blog

Finals Week 3

No surprises here with the Storm still tipped to win it all, however, those Penny Panthers are now favoured over Brisbane for the Premiership.

Finals Week 2

The first week of the finals has certainly shaken things up with the Storm back at the top with the shortest odds to win the Premiership. The surprise here is that the Panthers are still third with the public backing Brisbane very heavily after pipping the Raiders who have dropped down to fourth.

Finals Week 1

The only team that got shorter this week than they were heading into a nothing of Round 27 was the Chooks who closed in from $19.00 in to $12.00. The Roosters are the clear dark horse in this year's 2025 NRL Finals.

Round 27

Updated the odds just after Thursday night's game when Brisbane beat Melbourne and the Broncos jump from $21.00 all the way down to $6.50.... amazing.

Round 26

With the Storm winning their last 5 matches even without Jahrome Hughes they have firmed right in as the premiership favourites, despite Canberra looking like they will win the minor premiership.

The Panthers are still extremely tempting at $6.50 as we wait for them to hit their stride when the pressure is on.

Round 22

The odds have been shaken up drastically this week with the news that Jahrome Hughes will be sidelined for the rest of the season for the Melbourne Storm. Melbourne are now $3.25 favourites dropping almost a whole$1.00.

The Panthers are firming in with each win as they are now on a 7-game win streak. Before you know it they will be the likely favourites again.

Round 20

Not a lot of movement this week besides the Warriors sneaking back into the top eight of favourites after putting on a show without the injured Luke Metcalf last weekend.

Melbourne are steady favourites but another win for the Panthers this week could see them continue to creep up.

Round 19

Canterbury's full from grace begins with the early favourites to win the comp, dropping to third-favourite at $6.25.

At the other end of the spectrum, the Dolphins rise up to sixth and are the best of the rest at $21.00.

Round 18

After crashing out of the 8 and even sitting at the bottom of the ladder for a round or two, the Penrith Panthers have skyrocketed back into fourth favourite after stringing together 4 consecutive wins.

The Melbourne Storm are the team to beat and are incredibly short considering how wide open the competition is in 2025.

Round 15

It is crazy the Panthers $17 are only 1 point out of the top 8. If you are willing to believe they will peak at the right end of the season then this number is an absolute steal!

Round 14

The Raiders are finally getting some credit at the bookies (not like that), and have firmed into fourth favourite at $8.00 after another win against the Warriors last week.

Round 12

The Broncos are moving in the wrong direction. Once one of the favourites for the premiership they have now slipped out to fifth at $15.00.

Round 11

Not a lot to write home about in the race for the NRL Premiership beside South Sydney moving up slightly with the reutn of Latrell Mitchell and his unbelievable field goal that sent the Broncs packing.

Round 10

With Melbourne dropping another match, this time against the Raiders, it has tightened things up at the top. The top 6 are all within $14 of each other with Canberra and Penrith shortening up the most this week.

Round 9

A few upsets in round 8 has seen the odds tighten up in the top 8 with Manly, Canberra and New Zealand inching closer to the 2-6 Penrith Panthers that are still holding onto the fifth shortest odds.

After another loss, South Sydney have now crashed to the third longest odds in the comp.

Round 8

At 6-0 the Canterbury Bulldogs still can't claim the favourite tag, but they are firming in at $4.50 to win the Premiership. The Dolphins are the other big jumpers this week after their third victory in a row and are now ninth favourite to win after beating Melbourne last week.

Round 7

After their fifth straight loss, the Penrith Panthers have slid out of the top four favourites for the first time in 5 years. It is becoming the biggest talking point of the season and predicting where they finish in the premiership hunt is impossible. It is still impressive that a 1-5 team can still be the fifth shortest to win it all.

Round 6

Not a lot has changed at the top with the Melbourne Storm firming in a little more and getting shorter by the round.

All the action is at the bottom of the table where early top-four favourites, the Roosters, are now down with the bottom-feeders at the longest odds to win the Premiership in 2025.

Round 5

The winless Eels and Dolphins have crashed to over $100.00 odds with a thick black line through them already after just 5 rounds played.

The surprise is that despite their win over premiership favourites Melbourne, the St George Illawarra Dragons are still have the third-worst odds of any team to win the premiership, while the Storm are firm at the top of the list.

Round 4

Some minor movement at the top of the table this week with the Panthers slipping down into third favourite after thier thursday night loss to the Rabbits at the start of Round 4.

The biggest jump is from the Tigers who have snagged a couple of wins to start the season and are now looking like they might just challend on theoutscirts of the top 8 this season.

Round 3

Despite having the bye in Round 2, Melbourne have firmed in as $3.25 favourites from $3.50, with Penrith dropping $1.00 down to $5.50 after their loss to the Sydney Roosters.

The Roosters fell well down as favourites for the premiership after their Round 1 hiding from the Broncos, however after pipping the Panthers they move back up into seventh favourite to win it all in 2025.

Round 2

Manly are the big jumpers after their dominant performance over the Cowboys in round 1. The Sea Eagles attack was as flash as any team in Round 1 and they are a real threat moving into fourth favourites for thepremiership after round 1.

After a tough start against Brisbane in their 50-14 loss, the Sydney Roosters have dropped out of contention and out of the top-eight favourites.

Round 1

Although they came up short in the 2024 Grand Final, the Storm are early $3.85 favourites to get their revenge and come away with the trophy in 2025.

Melbourne scored the first try of the 2024 GF, but faded in an energy-sapping encounter, with the Panthers muscling their way to a 14-6 triumph.

It was the first time since the legendary Dragons side of the 1950s that a team have won four consecutive Grand Finals.

Dabble have the Panthers at $4.50 to capture a fifth straight NRL premiership in 2025.

Further back, the Sharks are fancied at $12 after making the preliminary finals in 2024, while the Broncos are $10 to go all the way after sacking Kevin Walters and appointing Michael Maguire, who won a Grand Final at the Rabbitohs and guided NSW to an Origin series victory over Queensland in 2024.

The Bulldogs made huge strides under Cameron Ciraldo in 2024 and are $15 as they continue their journey back to the top of the NRL, while the team that knocked them out of the finals series - Manly Sea Eagles - are also $17, alongside the Rabbitohs, who welcome Wayne Bennett back to Redfern in 2025.

The Roosters are $17 after reaching the preliminary finals in 2024, while the Cowboys are always dangerous and priced at $19.

All other teams are $26 or more at the time of publishing, with the Dragons the big $81 outsiders, while the Tigers are backed to improve at $41.