WWE’s Royal Rumble is always one of the most fun shows to bet on and this year looks no different with both Rumble matches having no clear favorites. BetOnline has odds on the show with a lot of great values in both Royal Rumble matches.

Historically, the Rumble itself has always been about the betting favorites. Triple H was +105 in 2016, Randy Orton was +150 in 2017, Shinsuke Nakamura was +100 in 2018, Asuka was +125 in 2018, Seth Rollins was -110 in 2019. The only real exception in this era was Becky Lynch in 2019 who got the win at +120 over Charlotte Flair at -170, but considering she wasn’t even announced for the match and wrestled earlier in that night – those are crazy low odds.

2020 was a big change though as the “changing our minds” era WWE and neither of the favorites won. Roman Reigns was the men’s favorite, but Drew McIntyre got the win at +500. While Shayna Baszler entered as a huge -250 women’s favorite and watched as Charlotte Flair took the win at +500.

This year I am expecting more underdog winners. This year’s show should feature some major crossover promotion from the NBC/Peacock deal so I imagine they will be pushing towards some names from the past.

Daniel Bryan is the current men’s favorite, but there are a lot of “bigger” names behind him that could swoop in. While Bianca Belair is the favorite in the women’s match, the threat of Becky and Ronda is looming.

WWE Royal Rumble 2021 Betting Odds

Odds are in American betting format. For those who don’t know what that means, a -300 favorite would mean that you would need to bet $300 to win $100 or that if you bet $100 then you could win $33.33. A +200 underdog means that a $100 bet could win $200.

WWE Universal Championship
Last Man Standing
Roman Reigns (-800) vs. Kevin Owens (+425)

Not much to see here and I’m honestly surprised these betting odds aren’t higher. They aren’t going to come this far with Roman Reigns only to have him lost this close to WrestleMania. These two have shown to have some great chemistry and the match could be something to see, but it’s impossible for me to recommend betting Owens here.

WWE Championship
Drew McIntyre (-250) vs. Goldberg (+175)

Goldberg’s last title shot came at WWE Super ShowDown when he was a +525 underdog against The Fiend. He won that match and the sportsbooks are definitely taking caution of history repeating itself here.

Drew is coming off a COVID absence and the constant mentioning of it by WWE really seems like it is setting Drew up for a loss here. It can’t be a coincidence that they have never mentioned The Thing existing before and all the sudden Drew is talking about losing his sense of smell in promos, can it? Just because I’m paranoid doesn’t mean they aren’t out to work me.

With the NBC deal going down, it’s really hard for me to see Goldberg going down here. They’ll want him for WrestleMania and a rematch between these two could be a big match. Or Goldberg could wrestle a surprise Rumble winner like Brock. Either way, I’m betting him.

Pick: Goldberg +175

Women’s Royal Rumble

There are a ton of contenders that you can bet on for this one so I’ll just list a few of the realistic favorites.

  • Bianca Belair +175
  • Alexa Bliss +300
  • Rhea Ripley +450
  • Charlotte Flair +500
  • Bayley +800
  • Becky Lynch +800
  • Ronda Rousey +800

Bianca is the favorite, but I have my doubts. Shayna Baszler was the favorite last year and didn’t end up winning as they went with someone with more name value. I can see that logic repeating here. I would rule out Rhea Ripley (who does not deserve the odds she is getting here) for the same reason. Plus, it feels like Bianca’s big win needs to be against a heel and Sasha Banks should still be champion come WrestleMania time. In front of fans, Sasha would be a major favorite.

You can never count out Charlotte winning in WWE, but that seems like a wasted way to get to a Charlotte/Asuka match. They are a babyface tag team in WWE, we know what that story is going to be.

For my money, the bottom three are the best bets. Bayley and Sasha Banks was the WWE feud of the year last year and there should be unfinished business between the two of them. A WrestleMania match between them is where this always should’ve ended.

As for Becky and Ronda, I just think if they can get them then they will use them. If they use them, they will win.

Pick: Small unit bets on Ronda, Becky, and Bayley.

Men’s Royal Rumble

This match is as wide open as it’s ever been. There are over 50 contenders with betting odds right now, here are some names you know.

  • Daniel Bryan +125
  • Keith Lee +450
  • Brock Lesnar +600
  • Edge +600
  • Big E +700
  • Drew McIntyre +900
  • The Rock +1000
  • Goldberg +1200
  • CM Punk +1800
  • Adam Cole +2500
  • John Cena +2800
  • Randy Orton +4000
  • Conor McGregor +5000
  • The Undertaker +8000
  • Triple H +8000

Bryan is the favorite and hasn’t really wavered much from that position. The announcers constant mentioning of him never winning a battle royale is definitely on purpose, but he’s also the exact kind of guy who doesn’t need to win to get a title shot and the kind of person that could easily be a victim of the “change my mind” era.

Edge’s odds have went down quite a bit since he was announced as being in the match and he’s a good value at +600. We know he’s going to be in a big match at WrestleMania, but that seems like it will be another match with Orton than a title match.

Brock has been MIA since last year’s WrestleMania, but he’s always a threat. That said, Brock versus Drew, Goldberg, and Roman have all been done before. Of course, when did that ever stop WWE?

The Rock, Punk, Cena, Undertaker, and Conor McGregor fall in that Becky Lynch/Ronda Rousey territory for me where if they can get them in this match then they are going to win. I just don’t think any of them are going to happen.

Keith Lee wrestled Drew on Raw this month and that’s not a direction they go for a WrestleMania match. Big E and Roman could be a fantastic WrestleMania main event, but they’ve just shown no desire to go in that direction. Big E and Paul Heyman on Talking Smack doesn’t mean anything.

That leaves me with… Daniel Bryan, I guess. He is the favorite, a win would add to his WWE legend resume, and it’s hard to build a case for anyone else right now. I just won’t be shocked when someone ends up stealing it from him.

Pick: Daniel Bryan at +125 with small unit fliers on Brock, Big E, and Edge.

For more pro wrestling betting odds and tips, check out Bet On Pro Wrestling.