NRL Betting Tips and Odds for Round 5, 2024
Last updated: Apr 4, 2024, 1:33AM | Published: Apr 4, 2024, 1:04AM
The best NRL betting tips for Round 5 of the 2024 NRL season have been revealed.
Led by Stats Insider's expert team of data analysts, we have used our independent computer model to simulate every NRL Round 5 match 10,000 times and find the best NRL bets for punters across the nation.
The odds below have been sourced from PointsBet, which offers more betting markets on the NRL than any other bookmaker in the world.
Each one of the suggested bets for Round 5 of the NRL season come straight from the renowned NRL Value Bets page on Stats Insider.
NRL Betting Tips: Round 5, 2024
After diving deep into the numbers and conducting thousands of simulations of this week's NRL matches, our independent computer model has determined the best rugby league bets for you in Round 5, 2024.
After simulating all of the NRL Round 5 action, our model has found the best bet to make right now, which comes in the Sea Eagles vs Panthers matchup. Scroll down to see the bet, ensuring you can get in on the action before any change to the line or the odds.
Panthers -2.5 vs Sea Eagles ($1.95)
- Odds: $1.95 via TAB
- Fair Odds: $1.57
- Edge: 12.5%
- Probability: 63.8%
- Match: Sea Eagles vs Panthers (Saturday, 5:30PM AEDT)
Our model has pinpointed the best NRL bet to make this week, focusing on the match between the Sea Eagles and Panthers. We recommend placing a bet on Panthers -2.5, currently offered at odds of $1.95 at TAB. We have detected a significant edge of 12.5% for this particular wager, which makes it our NRL bet of the round.
MORE: NRL Value Bets Today
NRL Best Bets for Round 5, 2024
- Sea Eagles vs Panthers: Panthers -2.5 ($1.95 at TAB, 12.5% edge)
MORE: Every NRL Game Simulated 10,000 Times
NRL Round 5 Games to Bet on This Week
- Broncos vs Storm (Thursday, 8:00PM)
- Roosters vs Bulldogs (Friday, 6:00PM)
- Dragons vs Knights (Friday, 8:00PM)
- Warriors vs Rabbitohs (Saturday, 3:00PM)
- Panthers vs Sea Eagles (Saturday, 5:30PM)
- Tigers vs Dolphins (Saturday, 7:35PM)
- Titans vs Cowboys (Sunday, 4:05PM)
- Eels vs Raiders (Sunday, 6:15PM)
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 right odds for a certain bet.
For example, if a team wins 6,520 out of 10,000 simulated games, we'll say they have a 65.2% chance of winning, which is the same as fair odds of $1.53. If you can bet on the team at odds of $2.00 with a bookmaker, this would be suggested 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 Informed Sports 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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