The Premiership is the top Rugby Union club competition in England.  When looking for the odds on a particular Premiership team to win the Grand Final and become champion, one is actually looking for the odds on that team ‘to win outright’.  OddsJet compares Premiership outright winner odds from several of the most trusted Australian betting sites that serve customers in Australia and offer AUD accounts.  This allows OddsJet to display the best odds for every team to win the Premiership outright so Australian bettors may maximize their potential returns when hoping to predict the Grand Final winner at Twickenham.

Premiership Rugby Futures and Ante Post markets explained  

Premiership Rugby outright betting is by far the most popular Premiership futures betting market.  Futures markets, also called Ante Post markets, are those that involve a wager that is contingent on a longer term result over the course of an entire season, rather than a single game.  In general, the highest paying odds for Ante Post and futures betting markets will come before a season starts.  As the Premiership season progresses and certain teams rise in the standings or progress in the playoffs, the odds will tighten and pay less for those teams in position to win the trophy.

Examples of Premiership Rugby outright winner odds expressed in American, Decimal and Fractional formats

For American odds format, there are two sets of expressions to remember, but both involve the figure of $100. First, negative numbers express how much one needs to wager in order to win a profit of $100.  However, due to the nature of outright betting on the Premiership, rarely would any one team be such a heavy favorite that their odds would be below even money.  Most odds will be above even and thus will come as a positive figure, expressing how much potential profit would be returned for a bet of $100.   For example, when you see odds of +568 on Bath to win outright, you would need to stake $100 in order to receive a profit of $568, yielding a total return of $668.

With Decimal odds format, the odds express the full potential amount that will be returned on your wager including the stake amount.  The stake amount is represented by the first 1.00.   To calculate the total return, simply multiply the Decimal odds by the stake. For example, if Saracens are listed at 14.50 to win outright, a $50 bet would return a total of $725 including your stake, so the potential profit would be $675. 

For Fractional format, the odds express the amount of potential profit that will be returned on a wager.  For example, with a wager of $10 and odds of 25/1 on London Irish to win outright (said twenty-five-to-one), one could see a profit of $250 (25 divided by 1, multiplied by $10) plus the stake amount for a total potential return of $260.