WWE Royal Rumble 2023 Betting Odds

avatar Written By Graeme on January 9, 2023  

WWE Royal Rumble is the most exciting event on the professional wrestling calendar and is one of the most popular events for bettors as well. The Royal Rumble match is Pat Patterson’s greatest creation and is one spot on the calendar that I always have circled.

That match itself is the main draw. It’s the one match in professional wrestling where it truly feels like anything can happen. However, over the years that hasn’t always been the case. The betting favorites in the Royal Rumble match very often ended up being the ones that win. In fact, there have only been a few true upsets in the recent betting history of the match. You can see notes about some of the bigger upsets below.

WWE Royal Rumble 2023 Odds

  • Roman Reigns (-2000) vs Kevin Owens (+700)
  • Bray Wyatt (-2000) vs LA Knight (+700)
  • Will CM Punk Be in the Rumble? Yes at +5000
  • Mens Top 5 Favourites: Cody -160, Sami +200, The Rock +400, Seth +1000, Owens +1600
  • Womens Top 5 Favourites: Rhea +100, Becky +250, Charlotte +400, Bayley +500, Raquel Rodriguez +800
  • Any Non-WWE to enter? Yes +100, No -140

You can also bet Ironmen or Ironwomen and most eliminations props. All this at BetOnline.

Royal Rumble Historical Odds:

The below odds were from October 2022:

You can currently bet the Royal Rumble 2023 at BetOnline.

Here are notes about some key upsets in the past.

Drew McIntyre +500 (2020): This was a real surprise at the time, but there weren’t a lot of obvious bets on this one either. Roman Reigns was the favorite heading in.

Charlotte +500 (2020): Two of the biggest took place in the same year. This is one that kind of came out of nowhere, but perhaps we should’ve known that Shayna Baszler wasn’t going to be a great bet given WWE history.

Edge +225 (2021): Edge was the second favorite, but still pretty good odds for him to win here.

Brock Lesnar +300 (2022): This was just a year that was totally up for grabs as Lesnar was the favorite at this price. Nobody really knew which direction they would go heading in and the betting odds reflected that.

What do these all have in common? None of them are all that old and they took place at a time when it could be said that Vince McMahon had lost the vision that made WWE so successful.

That’s what makes this year’s Royal Rumble so interesting as Vince McMahon is out of the picture and now Triple H is in charge of creative. Does he already know who he plans to win this match? That’s quite possible. Thus far in his booking tenure, he has been very safe in his booking and usually goes with the obvious move. That’s usually the betting favorite.

Right now on the men’s side, that favorite is Cody Rhodes and he has been since these odds were released. Cody making his return at Royal Rumble and getting the win in this match is a great story that WWE has done time and again. It would be successful if they did it again here.

That said, The Rock vs. Roman Reigns rumors aren’t going away. Does that need to be for the title? Roman’s reign has lasted long enough that it seems silly to have him lose between now and WrestleMania, but it’s not like The Rock is coming back for a run. This is One Time Only, just like The Rock vs. John Cena. (Hey, wait a minute…)

Outside of those two, I’m not sure where the great bet is at this point. Everyone else in the mix is either a “been there done that” guy or not quite ready for that spotlight.

The women’s Royal Rumble match has a lot more question marks and I’m not sure who the favorite even should be right now.

Becky Lynch is the favorite at +250, but that doesn’t show a lot of confidence to me. Becky vs. Ronda Rousey is definitely something they should go back to at some point, but Becky vs. Bianca Belair was done rather recently.

Charlotte Flair has done it all in WWE. That doesn’t disqualify her from doing it again, clearly, but she wouldn’t be on my bet list at this point.

Bayley is a really interesting choice and definitely deserves the spot. There is just no clear opponent for her.

One name not on this list that probably should be a favorite is Sasha Banks. Her return to WWE seems like a lock with Triple H and Stephanie McMahon in charge. She’s the biggest star there is and I won’t be surprised when she is added to the odds.

Below you will find the complete WWE Royal Rumble 2023 match betting odds from BetOnline:

You can currently bet the Royal Rumble 2023 at BetOnline.

Men’s Royal Rumble Match Winner:

  • Cody Rhodes -115
  • The Rock +575
  • Drew Mcintyre +1200
  • Riddle +1200
  • Roman Reigns +1200
  • Seth Rollins +1200
  • Theory +1600
  • Brock Lesnar +1800
  • Karrion Kross +2000
  • Sami Zayn +2000
  • Gunther +2200
  • AJ Styles +2500
  • Bobby Lashley +2500
  • Bron Breakker +2500
  • Edge +2500
  • Kevin Owens +2500
  • Randy Orton +2800
  • Montez Ford +3000
  • Finn Balor +3300
  • Big E +4000
  • Damian Priest +5000
  • Gable Steveson +5000
  • Johnny Gargano +5000
  • Logan Paul +5000
  • Madcap Moss +5000
  • Sheamus +8000
  • Shinsuke Nakamura +8000
  • The Miz +8000
  • John Cena +10000
  • Kofi Kingston +10000
  • Rick Boogs +10000
  • Ricochet +10000
  • Omos +15000
  • Ciampa +20000
  • Dexter Lumis +20000
  • Dolph Ziggler +20000
  • Veer Mahaan +20000
  • Butch +25000
  • Chad Gable +25000
  • Jinder Mahal +25000
  • Otis +25000
  • Rey Mysterio +25000
  • Ridge Holland +25000
  • Shanky +25000
  • Tyler Bate +25000
  • Xavier Woods +25000
  • Apollo Crews +40000
  • Happy Corbin +40000
  • Mustafa Ali +40000
  • Carmelo Hayes +50000
  • Grayson Waller +50000
  • Joe Gacy +50000
  • Nathan Frazer +50000
  • Santos Escobar +50000
  • Tony D’Angelo +50000
  • Von Wagner +50000

Women’s Royal Rumble Match Winner:

  • Becky Lynch +250
  • Bayley +450
  • Charlotte Flair +600
  • Rhea Ripley +600
  • Alexa Bliss +1000
  • Bianca Belair +1000
  • Raquel Rodriguez +1000
  • Asuka +1400
  • Liv Morgan +1600
  • Ronda Rousey +2000
  • Mandy Rose +4000
  • Dakota Kai +5000
  • Doudrop +5000
  • Io Shirai +5000
  • Shayla Baszler +5000
  • Xia Li +5000
  • Carmella +6600
  • Aliyah +8000
  • Shotzi +8000
  • Blair Davenport +10000
  • Lacey Evans +10000
  • Meiko Satomura +10000
  • Natalya +10000
  • Nikki A.S.H +10000
  • Sonya Deville +10000
  • Zelina Vega +10000
  • Zoey Stark +10000
  • Dana Brooke +15000
  • Alba Fyre +20000
  • Cora Jade +20000
  • Gigi Dolin +20000
  • Indi Hartwell +20000
  • Jacy Jayne +20000
  • Nikkita Lyons +20000
  • Roxanne Perez +20000
  • Brie Bella +25000
  • Fallon Henley +25000
  • Katana Chance +25000
  • Kayden Carter +25000
  • Kiana James +25000
  • Lita +25000
  • Maryse +25000
  • Nikki Bella +25000
  • Sarray +25000
  • Tamina +25000
  • Tiffany Stratton +25000
  • Trish Stratus +25000
  • Wendy Choo +25000
  • Ivy Nile +50000
  • Lash Legend +50000

You can currently bet the Royal Rumble 2023 at BetOnline.

Current Wrestling Betting Odds:

Event:Match:Where To Bet:
WWE Elimination ChamberAll the matchesBetOnline
AEW RevolutionMJF vs DanielsonBetOnline
WWE WrestlemaniaCody vs RomanBetOnline
Note: Not all bets may be available at BetOnline but they are only choice for Americans.