Penrith Panthers favored to win fourth-straight NRL Premiership

  • Penrith (+275) is favored to win the NRL Premiership for the fourth-consecutive year
  • South Sydney (+850) is a strong longshot with the addition of Jack Wighton and Keaon Koloamatangi
  • ACCOR Stadium in Sydney, Australia will host the NRL Grand Final on Sunday, October 6, 2024

Penrith rallied from a 24-8 deficit against Brisbane in the NRL Grand Final to become the first club in 40 years to capture three-straight premierships. While Nathan Cleary’s Panthers are favored to four-peat this year, the Broncos return a strong squad capable of winning its first title since 2006.

Before we examine the NRL futures, check out the top Rugby Betting Sites in 2024 and get our 2024 Six Nations Rugby Championship picks.

2024 NRL Grand Final Winner

TeamBetOnline ReviewBovadaMyBookie Review
Penrith Panthers+275+275+275
Brisbane Broncos+350+350+350
South Sydney Rabbitohs+850+850+850
Sydney Roosters+900+900+900
Melbourne Storm+1000+1000+1000
New Zealand Warriors+1800+1800+1800
North Queensland Cowboys+1800+1800+1800
Cronulla Sharks+2200+2200+2200
Parramatta Eels+2200+2200+2200
Newcastle Knights+2500+2500+2500
Manly Sea Eagles+2800+2800+2800
Gold Coast Tigers+3300+3300+3300
Canterbury Bulldogs+4000+4000+4000
Dolphins+4000+4000+4000
Canberra Raiders+5000+5000+5000
St. George Illawarra Dragons+8000+8000+8000
Wests Tigers+10000+10000+10000

Penrith’s path to a four-peat

Nathan Clearly scored the winning try to cap off a 16-point comeback in a 26-24 victory over the Broncos last October. Looking to smash a near six-decade record with another championship in 2024, Penrith (+275) has the depth to win four in a row.

At only 26, Clearly is primed for another dominant season and Isaah Yeo, Dylan Edwards and James Fisher-Harris are all back in the fold. Star five-eighth Jarome Luai will also return to the Panthers for one more year before joining the Tigers in 2025. Will anyone disrupt this dynasty?

Broncos heartbreak

Can Brisbane (+350) recover from last October’s collapse in the NRL Grand Final? The club lost Tom Flegler and Herbie Farnworth to the Dolphins in the offseason, so they’ll be short some offensive firepower.

However, dynamic finisher Selwyn Cobbo is expected to move to the centres to fill in for Farnsworth. And their young stars, Reece Walsh and Ezra Mam, should only be better with another year of experience under their belt. Breaking a 17-year title drought is still well within reach for the Broncos.

Penrith Panthersto win NRL Grand Final
★★★★★
+275
Bet now
Brisbane Broncosto win NRL Grand Final
★★★★★
+350
Bet now

Premiership contenders

South Sydney (+850) fell short of a finals spot in 2023, but the addition of Jack Wighton makes for a lethal backline. The Rabbitohs can hopefully count on improved health from Latrell Mitchell and Tevita Tatola this year. Meanwhile, Alex Johnston only needs 26 tries to break Ken Irvine’s all-time scoring record.

After earning a berth in the semi-finals last season, Sydney (+900) added the NRL’s top try-scorer, Dominic Young, to the fold. Captain James Tedesco is no longer one of the league’s top fullbacks, but the Roosters are solid in the halves (Luke Keary and Sam Walker) and in the centres (Joey Manu and Joseph Suaalii).

Best Longshot

Manly (+2800) recruited Tigers halfback Luke Brooks to join forces with Daly Cherry-Evans, one of Australia’s premier halves. Star player Tom Trbojevic also missed most of 2023 with an injury. At worst, Brooks should break his 11-season finals drought, At best, the sleeping-giant Sea Eagles could make a surprising run to the premiership.

Best Bet

While Penrith is the logical pick, we’ll take the Rabbitohs at +850. With the addition of Keaon Koloamatangi, South Sydney has a scary left side combination and formidable strike power.

South Sydneyto win NRL Grand Final
★★★★★
+850
Bet now

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Steve Starr

Steve is the quintessential American sports enthusiast. He has mastered the art of Sundays, devoting them to football, and barbecue parties. He proudly wears the hats of a good father, husband and a great dog owner. Aside from his decades of contributing to different top-tier sports publications, Steve has also found his niche on Twitter, where he publishes funny and relatable sports-related insights. When he's not busy tweeting, Steve loves to watch each game unfold live. He possesses an innate talent for finding humor in the sports world, appreciating both the thrilling moments and the comedic mishaps that make each event unique.