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Australian Open Odds

The Australian Open is annually the first of the four Grand Slams on the tennis schedule for both the men (ATP) and the women (WTA). While it is not the first tournament of the season, it is the first big tournament and the first that brings casual betters to tennis odds

The Australian Open odds are fluid and change during the tournament, with single-match bets available daily. The event runs for two weeks in January, taking place in Melbourne, Australia, and includes the most prominent names and best tennis players in the world. 

Event Date: Jan 15 - Jan 29

Men's Contenders

  • Rafael Nadal
  • Carlos Alcaráz
  • Casper Ruud

Women's Contenders

  • Iga Swiatek
  • Ons Jabeur
  • Jessica Pegula

Australian Open History

The Australian Open began in 1905 but didn’t become a major tournament until 1924. The tournament struggled to attract the best players in the world during its early years because it took so long to get to Australia by boat, and the event happened over the holidays. 

The tournament moved to Melbourne permanently in 1968 and became open to professional players. Starting in the 1980s, the Australian Open moved to January and into Melbourne Park,  switching from a grass court surface to a hard court surface. 

The Australian Open became the first of the Grand Slams to provide an indoor court on its three primary courts, negating inclement weather. The 2020 tournament set the Grand Slam record with more than 812,000 fans in attendance for the fortnite.

Odds to win Australian Open

Looking at Australian Open betting, the favorites to win the 2023 Australian Open on the men’s side:

  • Novak Djokovic: +110
  • Carlos Alcaraz: +500
  • Daniil Medvedev: +700
  • Rafael Nadal: +1000
  • Nick Kyrgios: +1000

The top five favorites on the women’s side in the Australian Open odds are: 

  • Iga Swiatek: +175
  • Ons Jabeur: +1000
  • Caroline Garcia: +1000
  • Aryna Sabalenka: +1100
  • Simona Halep: +1200

Australian Open Predictions

Looking at the Australian Open odds and Australian Open betting for 2023, there will be at most three former champions on the men’s side at this year’s event. Djokovic and Nadal have won nine of the last 12 events, and with Roger Federer’s retirement, only Stan Wawrinka has won a title. 

Djokovic ended the 2022 season back on top with an ATP Finals victory and is a deserving favorite at a place where he has an 82-8 career record. Outside of Djokovic, Medvedev has been runner-up the last two years and is a great hard-court player with +700 odds. 

On the women’s side, Swiatek is a big favorite after winning the 2022 US Open, her first slam, not on clay. Swiatek made the semifinals in Melbourne last year and should be a tough out in 2023. 

Caroline Garcia has never been past the fourth round in Melbourne, but she made the semis at the U.S. Open in 2022 and won the WTA Finals at the end of the season. With Serena Williams and Ash Barty retired, this could be a break-through event for a player like Garcia at +1000

Australian Open Recent Winners

Year Men Women
2022 Rafael Nadal Ash Barty
2021 Novak Djokovic Naomi Osaka
2020 Novak Djokovic Sofia Kenin
2019 Novak Djokovic Naomi Osaka
2018 Roger Federer Caroline Wozniacki

Australian Open Betting Tips

Betting on the Australian Open is much like other sporting events. To have success, you need to be prepared. Following along during the tournament and checking the previous AusOpen scores before making the next bet is key. 

Know if your players are a good server, a good returner, an all-around player, etc. That can help determine if a match might go the full sets or be a sweep, as you can bet on a player to win with a spread of -1.5 sets or even -6.5 games. 

In addition to betting on an individual winner, whether straight up or to cover a spread, you can also bet on over/under for a match. A listed over/under might be for a match go over 38.5 games, and you are simply betting on how many games will be in that match. 

Another futures bet in a grand slam like the Australian Open is to bet on a player to win his or her quarter. Once the draw comes out, usually the Friday before the tournament, there will be odds on this bet. You are betting on that player to reach the semifinals and not to win the entire event. 

There is also a “winning half” bet which means you are betting on that player to reach the final. These will be available in both the men’s and women’s tournaments. 

Australian Open Frequently Asked Questions

Looking at the list of Australian Open winners in the Open Era (post-1968), the players with the most titles are Novak Djokovic and Serena Williams. 

Djokovic has won nine Australian Open titles and never lost in the finals. He won his first title in 2008 and his most recent in 2021. Djokovic was not allowed to play in the 2022 tournament because of COVID restrictions but is expected to be allowed back at the Australian Open 2023.

Williams, who retired at the 2022 U.S. Open, won the Australian Open seven times, with her first title in 2003 and her last in 2017. She only lost in the finals once (2016) and beat her sister Venus in the finals twice.