The Australian Open marks the first tournament of the ATP calendar year, with the heat and magic of Melbourne Park inspiring players to rise to the occasion. In this article, we run through the latest odds, as well as top tips and the best sites for Australian Open betting.

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The latest Australia Open betting odds are constantly changing, with the 2024 tournament set to be a doozy! To keep you up to date, we ensure that any prices listed on this page are the most recent as well as the most valuable.

Keep in mind that all recommended bookmakers on this page cover all main betting markets, including outrights, correct scores, total games, and many more you can explore when betting on this highly anticipated event!

Australian Open 2024 – Men’s Winner Odds

PlayerOddsBookmaker
Novak Djokovic11/10Coral
Carlos Alcaraz7/2Betway
Jannik Sinner11/2bet365
Daniil Medvedev9/1William Hill
Alexander Zverev28/1Betway
Holger Rune28/1William Hill
Alex De Minaur33/1Coral
Grigor Dimitrov40/1Betway
Stefanos Tsitsipas45/1BetVictor
Casper Ruud50/1Sportingbet
Andrey Rublev50/1Parimatch
Hubert Hurkacz50/1Betfred
Ben Shelton100/1Betfred
Taylor Fritz125/1bet365
Jack Draper150/1BetVictor

Australian Open 2024 – Women’s Winner Odds

PlayerOddsBookmaker
Iga Świątek 9/4Coral
Aryna Sabalenka9/2Coral
Coco Gauff9/2William Hill
Elena Rybakina9/2Betway
Qinwen Zheng29/1Sportingbet
Mirra Andreeva29/1Parimatch
Jelena Ostapenko33/1bet365
Ons Jabeur33/1Sportingbet
Elina Svitolina40/1bet365
Maria Sakkari40/1William Hill
Caroline Garcia40/1Parimatch
Emma Raducanu50/1Parimatch
Daria Kasatkina50/1Betfred
Caroline Wozniacki80/1Betway
Victoria Azarenka80/1Betway

At the time of writing, the round of 128 is already coming to an end for both the men’s and women’s events. Here are the best players competing, some of our expert tips, and a few cheeky predictions to get you started.

Outright Winners – Men’s

Novak Djokovic

The king of Australia in many respects, Djokovic returned to the land of Oz to win his 10th title in 2023 after his visa ban was overturned. With not many players who can match his intensity and prowess, especially in Australia, he's once again the favourite to win the men's tournament. He’s already off to a hot start, having convincingly won his first match 3-1.

Current odds: 11/10.

Carlos Alcaraz

This young genius is the second favourite for a reason. Remarkably, he'd already won two Grand Slams before turning 21! Strangely, though, Alcaraz has never reached the fourth round of the Australian Open 4th round; hopefully, he's poised to change that narrative in 2024.

Current odds: 7/2.

Jannik Sinner

Another youthful prodigy, Sinner had a brilliant 2023, reaching three finals and winning one of them. On the other hand, he has never won a Grand Slam, but could just do so this year. He’s also destroyed his first opponent 3-0.

Current odds: 11/2.

Outright Winners – Women’s

Iga Swiatek

Last year’s pre-tournament favourite is back on top again, despite having lost the fourth round to the eventual finalist, Ryabkina. The current world number one has won four Grand Slam titles, but never the Australian Open. This year could finally be Swiatek's chance!

Current odds: 9/4.

Aryna Sabalenka

Currently number two in the world and last year’s Australian Open champion, Sabalenka will do everything in her power to defend her title and win her second Grand Slam.

Current odds: 9/2.

Coco Gauff

Another rising star at just 19 years of age, Coco has just won her first US Open and could win back-to-back Grand Slams if she claims the Australia Open.

Current odds: 9/2.

We've scoured the web to compile the very best betting offers online that can be used while betting on the Australian Open. Take a look below!

BookmakerPromotionDetails
William HillBet £10 get £303x £10 free bets
bet365Bet £10 get £303x £10 free bets
BetfredBet £10 get £403x £10 free bets + 50 free spins
ParimatchBet £10 get £204x £5 free bets

Among the options listed, we would recommend William Hill as the top choice for its outstanding all-around offerings, extending beyond the initial promotion.

You'll be able to use the welcome offer's free bets on various Australian Open betting markets, including wagering on heavy favourites, thanks to the attractive qualifying odds of 1/2.

Betfred is also worth a shout if you're interested in exploring casino games alongside sports betting. By depositing and betting £10 on any sport, including tennis, you receive £30 in free bets and an additional £10 in free spins within 10 hours of your bet settling.

Having said that, bets must be placed at odds of evens or greater, presenting a slightly more challenging option compared to William Hill's offer.

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    Players bring their best game: The Australian Open is always fiercely contested, especially as it is the season’s first Grand Slam!

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    It’s nicknamed “The Happy Slam”: The tournament is set in one of the most beautiful cities in the world, with Melbourne emitting a uniquely positive energy.

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    The tournament attracts large crowds: A reported 902,312 fans attended the Australian Open in 2023, seeing the Rod Laver Court holding up to 20,000 spectators!

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    Legends are made: Many legends of the sport have left their mark during their time in Oz, such as Roger Federer and Serena Williams. It is a tournament that is steeped in history.

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    Expect long matches: There’s always bound to be an epic match at the Australian Open. The 2012 duel between Rafael Nadal and Novak Djokovic was a titanic clash that lasted just shy of six hours!

There are many online bookmakers offering different ways to bet on the Australian Open! Below, we have outlined a small taster of the best tennis betting options available for this tournament.

Australian Open Outright Betting

Predict the winner of the Australian Open through the outright winner market. This is available before and during the tournament, though keep in mind that odds will fluctuate more quickly and sharply as events unfold.

For example, as more players are knocked out, the favourites become more apparent. Big events – such as, for example, number 1 favourite Novak Djokovic crashing out early on – will lead to a substantial drop in odds for other players. The key is to spot value and jump in at the right moment.

Match Betting

On a more day-to-day basis, match betting is the market most used. This is a simple prediction about who will win the match, and is also available pre- and in-play.

During the first week, you’re unlikely to find value backing the top players, since they’re heavy favourites. However, there’s still a lot of opportunity to take advantage of similarly matched players. In the second week, many big hitters face each other, and matches become harder to call on paper. This, however, is a plus in terms of odds value.

Set Betting

Set betting is a wager on how many sets will take place during a match. A minimum of three sets is required, since the first player to three sets is declared the winner of the match. The maximum possible amount of sets is therefore five, resulting in a 3-2 win to the victorious player.

There are a number of ways to bet on sets. You could wager on which player will win a specific set, such as Rafa Nadal to win the first.

You could also bet on the match result and total sets, such as Carlos Alcaraz to win in straight sets (3-0) or to win while simultaneously dropping a set (3-1 or 3-2).  This is a common strategy used to boost the odds of a favourite.

It’s also possible to bet on the number of sets without picking a winner, too, such as five sets to take place in a match between Novak Djokovic and Dominic Thiem. Similarly, you can wager on over or under three sets to take place in that match, or both players to win a set. As you can see, there are loads of possibilities within this market.

Total Games Over/Under Betting

A great market for match bets, betting on over/under the number of games played could provide great value, especially for early rounds.

The best players tend to dominate early on, so under bets make the most sense in early rounds. For instance, Jannik Sinner played only 31 games in a best-of-three sets match to advance.

On the other hand, you may find much longer matches in later rounds or if players are evenly matched. A case in point is Jordan Thompson (ATP47), who outlasted Aleksandar Vukić (ATP64) in a 49-game match, occurring in the same round as Sinner’s.

Quarter Betting

A betting market which is fast rising in popularity are the quarter and half betting markets.

In tennis events, the tournament brackets (knockout tables) are divided into four quarters, each one containing (in this case) 32 players. All you need to decide is which quarter the tournament winner will come from. To give an example, last year’s finalists – Djokovic and Tsitsipas – were both from the first quarter or top half of the draw, presenting a potentially valuable betting opportunity.

Live Tennis Betting

Live betting has become an essential part of most punters’ betting experience. So much so, in fact, that most bookies offer competitive in-play odds and markets for the Australian Open.

To maximise your profits when placing live bets, we strongly advise watching the matches in real time. Doing so provides invaluable insights into each contest, enhancing your betting strategy.

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    The Australian Open follows the traditional Grand Slam structure, involving seeding and qualification. A qualifying competition takes place beforehand to determine which players take part. A total of 128 players participate in the singles tournament, and 65 pairs compete in the double’s tournament.

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    After the qualifiers, the first round of matches begins. These are standard knockout rounds with losing players eliminated from the tournament. The second week of the tournament is when we witness the quarter-finals and semi-finals, before the finals bring the tournament to a close. The women’s doubles final is scheduled for Friday, the female’s single final on Saturday, and both the men’s singles and doubles competitions on Sunday.

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    All matches take place on a hard court, with the final taking place at the Rod Laver Arena, which has a capacity for about 15,000 people.

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    The prize money for the male and female tournaments are equal. The winner takes home £2,092,098, while the runner-up takes home slightly more than half that – £1,048,588. As for the doubles' competition, the winners claim £385,921 and the runners up get £192,960.

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    Novak Djokovic has won a record 10 Australian Open titles, mainly due to his supreme strength on hard surfaces. It's also worth mentioning that he’s won the last four Australian Opens he’s competed in. Impressively, his triumphs in Oz outnumber his eliminations, with 10 wins and eight eliminations to date at the time of writing.

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    Carlos Alcaraz has finished in the top four of the last four Grand Slams. Despite missing the 2023 Australian Open due to injury, he is expected to maintain his formidable form in this year's tournament.

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    In women's singles, the last 10 Australian Open champions have not successfully defended their titles, meaning that odds are a new winner will claim the crown Down Under.

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    It’s a four-horse race for the Women’s singles between Iga Świątek (9/4), Aryna Sabalenka (9/2), Coco Gauff (9/2), and Elena Rybakina (9/2). The rest are miles away with odds above 29/1.

Recent Australian Open Women’s Winners

YearPlayerNationalityRunner-Up
2023Aryna SabalenkaKazakhstanElena Rybakina
2022Ashleigh BartyAustraliaDanielle Collins
2021Naomi OsakaJapanJennifer Brady
2020Sofia KeninUnited StatesGarbiñe Muguruza
2019Naomi OsakaJapanPetra Kvitová
2018Caroline WozniackiDenmarkSimona Halep
2017Serena WilliamsUnited StatesVenus Williams
2016Angelique KerberGermanySerena Williams
2015Serena WilliamsUnited StatesMaria Sharapova
2014Li NaChinaDominika Cibulková
2013 Victoria AzarenkaBelarusLi Na
2012Victoria AzarenkaBelarusMaria Sharapova

Recent Australian Open Men’s Winners

YearPlayerNationalityRunner-Up
2023Novak DjokovicSerbiaStefanos Tsitsipas
2022Rafael NadalSpainDaniil Medvedev
2021Novak DjokovicSerbiaDaniil Medvedev
2020Novak DjokovicSerbiaDominic Thiem
2019Novak DjokovicSerbiaRafael Nadal
2018Roger FedererSwitzerlandMarin Čilić
2017Roger FedererSwitzerlandRafael Nadal
2016Novak DjokovicSerbiaAndy Murray
2015Novak DjokovicSerbiaAndy Murray
2014Stan WawrinkaSwitzerlandRafael Nadal
2013Novak DjokovicSerbiaAndy Murray
2012Novak DjokovicSerbiaRafael Nadal
  • 26th May – 9th June 2024, The French Open: Taking place at Roland-Garros in Paris each summer, this is the second Grand Slam event of the year and is played on a clay surface.

  • 1st July – 14th July 2024, Wimbledon: The third, and oldest, of the Grand Slams, and one that follows on almost immediately after Paris at the All England Lawn Tennis Association in SW1, London.

  • 26th Aug – 8th Sept 2024, The US Open: The final Slam of the year, held on hard courts at Flushing Meadows in New York City, USA each autumn.

The Australian Open is one of the most fascinating tournaments in sporting history, marking the start of the Grand Slam year and set in the boiling heat of the Australian summer. Each gruelling encounter tests contenders to the limit, and only the best prevail. History has welcomed several esteemed winners and gracious losers.

Furthermore, the Australian Open both preaches and practises equality of pay, as both men and women are paid the same amount of prize money. So sit back and enjoy a fortnight of scintillating tennis, history in the making, and sporting (and betting!) delight.

Being such a popular event, virtually every bookie will offer betting markets on the Australian Open. However, we think you’ll get the best experience with bet365 and BetVictor.

Tennis fans and bettors can enjoy the Australia Open on Eurosport.

There are several ways to do this, but the quickest way is to choose one of our top bookies and head over to their excellent Australian open betting odds and markets.

The 2024 Australian Open has already started. The first round began on the 14th January and the final will be held on the 28th January.

The Australian Open takes place on a hard court.

Novak Djokovic is the most successful male Australian Open player ever, having won it nine times, while Margaret Smith Court is the most successful female Australian Open player with 11 titles to her name.

Yes. In fact, after missing the 2022 Australian Open due to a travel ban, Djokovic went on to win the 2023 tournament and is now favourite to defend his title in 2024.

Every bookmaker offer is great but William Hill‘s just takes the cake, with favorable conditions, including a low 1/2 qualifying bet requirment, a seven-day shelf life, and an easy-to-remember promo code: R30.

WRITTEN BY Jeremy Sant Fournier View all posts by Jeremy Sant Fournier

If there’s one thing Jeremy loves, it’s sports. A football fanatic at heart, Jeremy can always been found watching, playing or talking about sports. It’s in his blood, and with a keen interest in sports betting, sports writing is a match made in heaven.

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