NRL Betting Tips and Odds for Round 16, 2024
Last updated: Jun 20, 2024, 2:33AM | Published: Jun 20, 2024, 2:03AM
The best NRL betting tips for Round 16 of the 2024 NRL season have been unveiled.
Led by Stats Insider's expert team of data analysts, we have used our trusted computer model to simulate every NRL Round 16 game 10,000 times and find the best NRL bets for punters all over the nation.
The following odds were found at PointsBet, which offers more betting markets on the NRL than any other bookmaker in the world.
Each one of the suggested bets for Round 16 of the NRL season come straight from the popular NRL Value Bets page on Stats Insider.
MORE: NRL Tips for This Weekend - Round 16, 2024
NRL Betting Tips: Round 16, 2024
After crunching the numbers and conducting thousands of simulations of this week's NRL games, our leading computer model has determined the best rugby league bets for you in Round 16, 2024.
After simulating all of the NRL Round 16 action, our model has found the best bet to make right now, which comes in the Tigers vs Raiders matchup. Scroll down to see the bet, ensuring you can get in on the action before any change to the line or the odds.
Tigers vs Raiders Under 47.5 Points ($1.95)
- Odds: $1.95 via TAB
- Fair Odds: $1.75
- Edge: 5.7%
- Probability: 57%
- Match: Tigers vs Raiders (Sunday, 4:05PM AEST)
Our model has pinpointed the best NRL bet to make this week, focusing on the matchup between the Tigers and Raiders. We recommend placing an over/under bet on Under 47.5 Points, currently offered at odds of $1.95 at TAB. We have found a significant edge of 5.7% for this particular wager, which makes it our NRL bet of the round.
MORE: NRL Value Bets Today
NRL Best Bets for Round 16, 2024
- Tigers vs Raiders: Under 47.5 Points ($1.95 at TAB, 5.7% edge)
MORE: Every NRL Game Simulated 10,000 Times
NRL Round 16 Games to Bet on This Week
- Storm vs Dolphins (Friday, 8:00PM)
- Warriors vs Titans (Saturday, 3:00PM)
- Bulldogs vs Roosters (Saturday, 5:30PM)
- Sea Eagles vs Rabbitohs (Saturday, 7:35PM)
- Raiders vs Tigers (Sunday, 4:05PM)
All times listed are Australian Eastern Time.
What Is an Edge in Betting?
The edge at Stats Insider is when we think the probability of an event occurring is more likely than the best odds available. Essentially, it means that our predictive analytics model believes a bet has a better chance of winning than the bookies do. That's why the higher the edge, the better.
Although it does not guarantee a win, taking picks with a higher betting edge can increase your chances of being profitable in the long run. This is an essential aspect of a successful sports betting strategy.
What Are Fair Odds in Betting?
Stats Insider uses "fair odds" to present what our model believes are the correct odds for a certain bet.
For example, if a team wins 6,520 out of 10,000 simulated games, we will say they have a 65.2% chance of winning, which is equivalent to fair odds of $1.53. If you can bet on the team at odds of $2.00 with a bookmaker, this would be recommended at the time because the odds are longer than we think they should be.
Basically, fair odds make it easier to understand why we recommend a certain bet because they are easy to compare to bookie odds.
Make Smarter NRL Betting Decisions
At Stats Insider, we strongly encourage our readers to set limits for themselves and gamble responsibly within their means.
If you decide to use our NRL tips and predictions for betting purposes, it is crucial to know when to stop. For free and confidential support, call 1800 858 858 or visit gamblinghelponline.org.au.
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