The Newcastle Knights are at 251/1 odds to win the 2017 premiership

Underdogs: Can the Knights do a Leicester and win next season’s premiership? Can the Newcastle Knights win the comp next season?

One punter thinks so.

The TAB says a $1000 bet has been placed on the Knights to follow back-to-back wooden spoons with a premiership in 2017.

If the Knights pull off this miracle, the punter will collect $251,000.

This, of course, means the odds of the Knights being triumphant when the whistle blows on next year’s grand final are 251/1.

These are the longest odds among all the teams, followed by St George/Illawarra at 81/1.

North Queensland are favourites at $7.50/1, followed by Brisbane and Melbourne at 8/1.

“If you took the glass half-full approach with the Knights, the Sharks were wooden spooners in 2014 and, of course, went to the top this year,”TAB’s Glenn Munsie said.

“But this is a Knights’ side which won one game in 2016, so it would be up there with Leicester City winning the English Premier League should they manage to go all the way next season.”

We should also mention the Chicago Cubs, who won the World Series this year after 108 years of waiting.

Glenn said another TAB customer had last month placed a $400 bet on Newcastle to win the 2017 premiership and “stands to collect $100,400 should they pull off a sporting miracle”.

Here’s the full odds for next season:

Newcastle in 2017

$251 NRL winner

$15 Top four

$251 Minor Premiership

$1.90 Most losses

$7Final eight

2017 NRL Premiership

$7.50 North Qld





$11 Cronulla

$11 Warriors

$13 Roosters

$15 Manly

$17 Bulldogs

$17 Gold Coast

$17 Parramatta

$17 Souths

$26 Wests Tigers

$81 St George Illawarra

$251 Newcastle

We don’t condone irresponsible gambling. In fact, we think gambling is a mug’s game. But we do like odds. Odds are interesting.

Take this quote from Elon Musk, the man behindSpaceX and Tesla Motors: “When something is important enough, you do it even if the odds are not in your favour”.