Given the Dockers woeful 2016 season, you'd be a brave person to bet on them sneaking into the top 8 next year, let alone winning the flag.

But one punter believes the Dockers can go from cellar dwellers to premiers in one season, after placing $20,000 at $51 with the TAB which will see them pocket more than $1 million if the bet comes off.

One optimistic punter believes the Dockers can win the flag in 2017 Credit:AFL Media/Getty Images

Ironically - or maybe comically - the Dockers are now equal seventh favourite to win the flag at $26, behind favourites Greater Western Sydney which are $4.50.

Laying out a $20,000 wager might seem a little crazy, but given the Doggies went from a basket case to premiers in a matter of two years, the punter might be onto something.