AFL Premiership Odds 2026 | Toyota AFL Premiership Winner Betting & Tips

Latest betting odds and markets for the AFL Premiership. Who will win the flag and become premiers?

Brisbane are the 2026 AFL premiers, beating Fremantle 14.12 (96) to 12.17 (89) in the Grand Final for a third flag in a row. Fremantle finished minor premiers on 76 points and 137.2 per cent, were beaten at home by Hawthorn in a qualifying final, then survived Geelong by 14, and came from 28 points down at the SCG to beat Sydney by 12. Brisbane finished third, lost their qualifying final to Sydney, beat Adelaide by 53, then beat Hawthorn by 9 in a preliminary final settled in the last minute. Neither grand finalist won a final in the opening week of the series. The prices on this page were taken before any finals were played and the results since have moved the market a long way, so read them as a record of where the season stood rather than a live board. Below: the final ladder with those pre-finals prices, how the Grand Final played out, and how the new Wildcard Round reshaped the eight.

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AFL Premiership 2026: Brisbane are premiers. They beat Fremantle 14.12 (96) to 12.17 (89) at the MCG, kicking the last four goals after trailing by 17.
A third straight flag, equalling the club’s 2001 to 2003 three-peat. Grand Final results →

AFL Premiership Odds 2026: Final Ladder & Flag Prices

Team Final Ladder Record Percentage Premiership Odds
Brisbane Lions 3rd 16-7 121.7 $2.50
Fremantle Dockers 1st 19-4 137.2 $2.75
Hawthorn Hawks 4th 15-6-2 120.1 $8.00
Geelong Cats 5th 15-8 122.3 $13.00
Adelaide Crows 6th 15-8 117.3 $17.00
Sydney Swans 2nd 18-5 136.1 $18.00
Carlton 10th 12-10-1 101.5 $29.00
Melbourne Demons 7th 15-8 109.6 eliminated
Western Bulldogs 8th 13-9-1 95.4 $61.00
Collingwood Magpies 9th 12-9-2 102.4 eliminated

Ladder is final. Odds via Picklebet as at 24 August 2026, taken after Round 24 and before any finals were played, so they do not reflect the Wildcard Round, Fremantle’s qualifying-final loss or Hawthorn’s win in Perth. Confirm the current price with your bookmaker before betting.

The 2026 Grand Final Market

Brisbane won the Grand Final by seven points at the MCG on Saturday 26 September. Our reads on both sides going in are kept below as a record, and the match is reviewed in our Grand Final results.

Brisbane Lions

The back-to-back premiers are chasing a third in a row and the market has them favourites. The case is September form plus the fact that they have already done it twice: beaten 141-88 by Sydney in their qualifying final, they answered with a 53-point win over Adelaide and then a preliminary final that swung in the last minute, Hugh McCluggage kicking the goal that decided it. Third on the ladder at 16-7 and 121.7 per cent, they are the lower-placed of the two grand finalists and much the more experienced. The read: the safest side on the board, and priced accordingly, and they go in at full strength. Lachie Neale’s one-match ban for striking Jack Ginnivan was overturned by the AFL Appeal Board on Thursday, and Brisbane are unchanged from the preliminary final.

Fremantle Dockers

Minor premiers on 76 points with the best percentage in the competition at 137.2, built on a 14-match winning streak. Fremantle have never won a premiership and have played in one Grand Final, losing in 2013. Theirs has been the harder road: beaten at home by Hawthorn in the qualifying final, then Geelong by 14, then 28 points down in the third quarter at the SCG before winning by 12. The read: the better team across the season by a clear margin, and a side that has now proved it can win a final from a long way behind.

How the other six went out

Sydney finished second and lost a preliminary final at home. Hawthorn beat the minor premiers in Perth in week one and went out by nine in a classic. Geelong and Adelaide fell in the semi-finals, Carlton and the Western Bulldogs in the first week. The full path is on our AFL finals bracket, and both games are reviewed in our preliminary finals wrap.

Best of the Rest

The Wildcard Round did the job it was designed to do: it gave two sides outside the old eight a live premiership price. The Western Bulldogs ($61) came eighth on 54 points with 95.4 per cent, the only side in the finals with a percentage under 100, and they are through. Carlton ($29) took the other place, beating Melbourne by 19 at the MCG after conceding the first four goals. The market had them shorter than the Demons despite Carlton finishing three places and ten points below them, and the market was right.
Below them the season is over. St Kilda and GWS finished level on 40 points, Gold Coast and North Melbourne on 36, and Port Adelaide slid to 15th on 28. For the sides that got in the hard way, the honest read is that a first-week win in the Wildcard Round buys an elimination final against a top-six team on that team’s ground. It is a live ticket rather than a good one.

AFL Finals Bracket 2026

The eight is set. Fremantle, Sydney, Brisbane, Hawthorn, Geelong and Adelaide qualified directly by finishing in the top six. The Western Bulldogs are in after beating Collingwood, and Carlton took the last place by beating Melbourne.
Under the new format the two Wildcard winners take the 7 and 8 seeds by original ladder position. With Carlton coming through from tenth, the eighth-placed Western Bulldogs are the higher-ranked winner: they take the 7 seed and travel to Adelaide, and Carlton take the 8 seed and meet Geelong at the MCG.

  • Qualifying Final 1: Fremantle v Hawthorn · Thursday 3 September, Optus Stadium
  • Elimination Final 1: Geelong v Carlton · Friday 4 September, MCG
  • Qualifying Final 2: Sydney v Brisbane · Saturday 5 September, SCG
  • Elimination Final 2: Adelaide v Western Bulldogs · Saturday 5 September, Adelaide Oval

Semi-final and preliminary-final dates have not been released. Model the rest of the bracket with our AFL Ladder Predictor.

AFL Grand Final 2026 Odds

Brisbane won the 2026 Grand Final 14.12 (96) to 12.17 (89). Before the finals the market had Brisbane ($2.50) and Fremantle ($2.75) as the two shortest in the premiership betting, so the flag went to the pre-finals favourite, but by the least likely route: a qualifying-final loss to Sydney by 53 and then three straight wins, the last from 17 points down in the final five minutes.

AFL Wooden Spoon 2026: Decided

The wooden spoon market is settled. Essendon finished 18th on 2-21 and 8 points, four points behind Richmond, who came 17th on 3-20. West Coast were 16th on 4-19 and 16 points, so the bottom three were clear of the pack by a distance rather than separated on percentage.
For context on how the market read it: Essendon were the outright wooden spoon favourite for most of the second half of the season and duly finished last, which is the usual outcome in this market. The 2027 wooden spoon market opens over the summer once list changes and the draft order are known.

How Do AFL Premiership Odds Work?

AFL Premiership odds are futures markets. Set before the season starts and revised after every round based on results, injuries, and percentage movements. Most major Australian bookmakers offer two forms: Premiership Winner (one team, all-or-nothing) and Top 4 / Top 8 finish markets. Each-way premiership bets are usually 1/4 odds for finishing top 4. The market settles when finals begin: outright premiership winner only pays on the eventual flag winner, not finalists.

AFL Betting Tools & Hubs

Best Bookmakers for AFL Premiership Odds

Premiership futures markets vary widely between bookmakers, sometimes by a full price point on the favourites. Best practice: shop around. The deepest AFL premiership markets in 2026 are at:

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AFL Premiership Odds FAQs

Who won the 2026 AFL Premiership?
Brisbane, who beat Fremantle 14.12 (96) to 12.17 (89) in the Grand Final for a third premiership in a row. Before the finals the market had them $2.50 favourites, ahead of minor premiers Fremantle at $2.75.

When was the 2026 AFL Grand Final?
Saturday 26 September 2026 at the MCG. Brisbane won by seven points.

How does the AFL Wildcard Round work?
It is new for 2026 and replaces the pre-finals bye, expanding the finals from eight teams to ten. The top six get the week off, 7th hosts 10th and 8th hosts 9th. The two winners join the top six, taking the 7 and 8 seeds by their original ladder position, and both losers are out.

Who finished minor premiers in 2026?
Fremantle, on 19 wins, 4 losses, 76 points and 137.2 per cent. It is the club’s best home-and-away finish and it earns a home qualifying final at Optus Stadium.

What are AFL flag odds?
“Flag odds” is Aussie shorthand for AFL Premiership winner odds, the futures market on who wins the Grand Final and lifts the Premiership Cup.

Who won the 2026 Coleman Medal?
Charlie Curnow of Sydney, with 69 goals, his third Coleman. Full tallies on our Coleman Medal page.

Who got the 2026 AFL wooden spoon?
Essendon, finishing 18th on 2-21 and 8 points. Richmond were 17th and West Coast 16th.

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