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🏆 NRL · May 31, 2026 · 08:15 UTC

Penrith Panthers vs New Zealand Warriors

NRL · May 31, 2026 · 08:15 UTC

Value bets 0

Penrith Panthers vs New Zealand Warriors — Win Probability

Fair (no-vig) win probabilities derived from sharp-bookmaker consensus across NRL markets. Bookmaker margin removed using the no-vig method — these are the true implied chances of each outcome (avg margin in this market: 6.20%).

Penrith Panthers win
64.1%
Fair odds: 1.56 Best: 1.47 (SportsBet)
Draw
3.4%
Fair odds: 29.74 Best: 28.00 (Marathon Bet)
New Zealand Warriors win
32.6%
Fair odds: 3.07 Best: 2.89 (Marathon Bet)
How is this win probability calculated?

Bookmaker odds include a built-in margin (vig/juice), typically 4-7%. To get the true probability of each outcome, we remove this margin proportionally across all outcomes — the no-vig method.

  1. Take implied probability from each outcome's odds: 1 / odds
  2. Sum them (will exceed 100% due to bookmaker margin)
  3. Normalize each by the sum — result is fair probability
  4. Cross-check across multiple sharp books (Pinnacle, Betfair Ex) for consensus

When a single bookmaker offers odds higher than fair odds, the bet has positive EV. Learn more about no-vig probability · EV calculator

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NO VALUE BETS FOUND

No positive EV opportunities detected for Penrith Panthers vs New Zealand Warriors right now. Updated continuously across 94 bookmakers.

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