This week's episode of Smackdown, which will air from Saudi Arabia at 5PM GMT, could give us a few more clues for the Royal Rumble matches, but I thought I'd give myself a head-start on Rumble musings by doing my semi-annual posts where I look at the list of potential winners and then say who I've gambled on.
Starting with the men's Rumble, the favourite from the start of betting remains the same - Roman Reigns.
Reigns winning the Rumble does seem logical if we factor in the reports that one of the most earliest plans for this year's WrestleMania was for the OTC to challenge Seth Rollins for the World Heavyweight Championship. That idea appears to have been iced following Rollins' shoulder injury, which was suffered at WWE Crown Jewel 2025. It resulted in the champion having to relinquish his title. It ultimately landed on CM Punk.
Therefore, with Punk replacing Rollins for the strap, would it not be reasonable to consider he also takes The Visionary's place as Roman Reigns' WrestleMania dance partner?
BetOnline's current second-favourite is Sami Zayn. His placement is interesting for a couple of reasons.
First, Zayn was moved into that position earlier this week when Gunther was taken off the board from BetOnline's Rumble winner market.
The removal coincided with the firm taking down the Gunther .vs. AJ Styles market. As you'll see below, customers had been backing the Austrian to send AJ Styles into retirement. However, the entire market was removed on Sunday for no clear reason. Gunther was then removed from BetOnline's Rumble outright winner market within a day or so later.
To draw my own conclusions, I suspect the betting firm took late action on Styles winning the match against Gunther and then had money landing on Gunther to come back and win the Rumble in the main event.
A scenario like that was spitballed by Dave Meltzer on a recent edition of his Wrestling Observer Radio podcast. It would make sense because it would see Gunther lose and regain his heat close to instantly.
For what it's worth, however, European sportsbooks still have the market for the AJ Styles .vs. Gunther match. Gunther is odds-on to win.
To compare the European outright Rumble winner markets - Gunther is fifth in the betting there. So, there is a contrast with how both the retirement match and Gunther's potential Rumble showing are represented between the two betting continents.
Sami Zayn being the second-favourite falls into, I suppose, a similar narrative. I suspect gamblers have been punting on Zayn to win the Royal Rumble with an idea that he'll fail in his quest to unseat Drew McIntyre for the Undisputed WWE Championship earlier in the night and then come back to be the last man standing in the battle royal.
With next year's WrestleMania set to emanate from Saudi Arabia, it seems to me that Zayn winning next year's Royal Rumble to set him up for the Mania 44 main event is a far superior story if the company wants to belt up Sami Zayn at one of these Saudi shows.
McIntyre is a short-priced favourite to successfully defend the strap tomorrow. He's currently 2/5 (-250 US) in Europe and an extremely priced -4,000 with BetOnline.
The champ had started at -5,000 but Zayn was backed down from +1.200 overnight.
Bron Breakker is a second-favourite with European bookies and is placed third in the running on the BetOnline website. The latter is intriguing because BetOnline's own research into the US public's interest in who will win the men's Royal Rumble has Breakker leading the pack.
Just like for previous major WWE PLEs, the team at BetOnline has geotagged data from the X social media platform to determine who the consensus are siding with.
Of the fifty US States, twenty are rooting for Bron Breakker per the rules of this project.
Speaking of X, it should be noted that the person in charge of the WrestleVotes account is on record as stating that Breakker was high on the list of potential winners from the WWE writers' room.
Remember above, when I wrote about Roman Reigns versus Seth Rollins as being one of the potential earlier plans for WrestleMania? Well, another one was Reigns challenging Cody Rhodes for the undisputed WWE Championship.
Now that Rhodes is no longer holding the strap, his odds to win his third Rumble in three years - after winning in 2023 and 2024 - have descended. He's currently a top price of 12/1 here in Europe (Betfred) and +475 with BetOnline. The selection is fifth in Europe and fourth with BetOnline.
If we're going by how Rhodes lost the title (Jacob Fatu interrupted the Three Stages of Hell match ultimately allowing McIntyre to escape and win the belt) and how his Saturday Night's Main Event match with Fatu didn't happen (McIntyre interrupted before the bell rang), I feel it's safe to conclude that those three will meet in a triple threat match somewhere on the road to WrestleMania if not at the event itself.
And for that, Jacob Fatu should become an important option for Rumble bettors. He is sixth in the running with both betting firms. The best available European price is the 14/1 from Star Sports. Fatu is less than half of that, at +600 (6/1 UK) with BetOnline.
I've had a few Rumble punts over the past few months. Here's the list along with the odds.
Roman Reigns 17/2 - Placed in October. I suppose I was under the impression he would challenge Rhodes.
Austin Theory 50/1 - There's method to my madness. Remember when Theory was the masked man? Well, I thought they would tease it was Seth Rollins for longer than they did. I had enVISIONed the masked man being in the Rumble with the commentators suspecting it was Seth Rollins only for Theory to unmask once he had won it. Which leads me to....
Seth Rollins 20/1 - I put this bet on around the time when Bron Breakker was set to challenge CM Punk on the first Raw of 2026. I thought it was worth a gamble just in case they put the belt on Breakker. This despite Rollins still being injured. Alas, the Breakker winning the belt part didn't happen.
Brock Lesnar 33/1 - Another one filed in the 'just in case Bron Breakker is the champion by Mania' drawer.
Jacob Fatu 20/1 - The most recent wager and one I would like to see come in the most. With that said, if the WrestleMania match for the undisputed WWE Championship is the McIntyre .vs. Rhodes .vs Fatu triple threat, I suspect WWE would rather have Roman Reigns win the Rumble so they can get a head-start plugging at least one of the main events for WrestleMania weekend.
It could obviously be Cody Rhodes winning the spot first, ahead of Jacob Fatu (if it's the match), but I think McIntyre telling Cody he had to get back in the line of challengers allows for Rhodes' journey to WrestleMania to see him get into the title match via the back door, if you will (please read that in a Dusty Rhodes voice!).
In regards to the women's Rumble, I believe the current favourite makes the most reason. That hasn't stopped me from hoping on another selection with longer odds, however.
Liv Morgan is the consensus betting favourite right now. As of today, BetOnline customers can find her odds-on at -125. She had started out in the +2,500 range at the bottom half of 2025.
Morgan was on my list of potential winners during the summer after she was shelved following an injury against Kairi Sane on Raw. I fancied the idea of Morgan coming back as a Rumble surprise and winning. Instead, she returned in December and made it known her goal was to bring gold back to The Judgment Day faction.
The wrinkle to Morgan's current storyline is the fact that her ally, and Judgment Day stablemate, Raquel Rodriquez is currently feuding with Women's World Champion Stephanie Vaquer.
Vaquer is scheduled to defend her strap against Rodriquez on the upcoming episode of Raw. Wouldn't it be even more interesting for Monday if the curiosity over the result of the title match has Morgan's Mania title choice looming over it?
Bianca Belair was the betting favourite before Morgan switched spots with her at the start of this year. Ironically, both appeared together on a Netflix commercial which began airing around Christmastime.
Belair does have a perfect storyline to return to should she win the Rumble. Her former tag team partner, Jade Cargill, is holding the women's title on Smackdown.
Which leads to my longshot bet, which - if looking at current TV - doesn't seem that much of a longshot.
Jordynne Grace has recently been brought up to the Smackdown brand from NXT (and TNA before that). Her very first interaction was with Cargill. On last week's episode of Smackdown, Grace announced she would be an entrant in the Rumble and once again set her sights on the holder of the WWE Women's Championship.
I have backed Grace at 50/1. She's currently available at 40/1 (Ladbrokes/Coral) in Europe while BetOnline lists Smackdown's newcomer at a whopping +6,600 (66/1 UK).
As stated, Morgan makes the most sense considering Monday's match. Grace at those long odds, however? I strongly believe Jordynne Grace's price should be shorter than they are considering she's in a storyline where the champ is ducking her challenges.
Cargill vs Grace could simply end up being a TV match, or even something for the undercard of Elimination Chamber 2026, so maybe the bookmakers have Grace priced right.
We'll find out tomorrow. Hopefully not sooner.