Jason Heidrich/Icon Sportswire
Author: Anthony Vlahovic
Last Updated: 07 May, 2025
2026 Australian Open Odds
January not only rings in the new year, but it rings in a new tennis season, which kicks off with the 2026 Australian Open. While there are still three more Grand Slam events until the next Aussie Open, tennis fans can get some early futures in for the men's and women's singles field.
2026 Australian Men's Singles Winner - Best Odds
Player | Opening odds | Current best odds |
|---|---|---|
Jannik Sinner | +120 | +155 (FanDuel) |
Carlos Alcaraz | +250 | +275 (DraftKings*) |
Novak Djokovic | +550 | +700 (DraftKings) |
Alexander Zverev | +900 | +1100 (FanDuel) |
Daniil Medvedev | +1400 | +1600 (FanDuel*) |
Taylor Fritz | +2500 | +3000 (Caesars) |
Joao Fonseca | +2500 | +3500 (Caesars*) |
Alex De Minaur | +3300 | +4500 (FanDuel) |
Holger Rune | +4000 | +5000 (DraftKings) |
Ben Shelton | +2500 | +5500 (FanDuel) |
Jack Draper | +4000 | +5500 (FanDuel) |
Giovanni Mpetshi Perricard | +3300 | +5500 (FanDuel) |
Stefanos Tsitsipas | +5000 | +5500 (FanDuel) |
Andrey Rublev | N/A | +6000 (DraftKings) |
Arthur Fils | +5000 | +8000 (DraftKings) |
Odds as of March 7, 2025
* = the same odds are offered by multiple sportsbooks.
2026 Men's Australian Open Champion Odds Comparison - TOP5 Favorites
Player | |||
|---|---|---|---|
Jannik Sinner | +125 | +155 | +125 |
Carlos Alcaraz | +275 | +270 | +275 |
Novak Djokovic | +700 | +600 | +550 |
Alexander Zverev | +1000 | +1100 | +1000 |
Daniil Medvedev | +1400 | +1600 | +1400 |
Odds as of March 7, 2025
Past Australian Open Men's Singles Champions & Odds
Year - Winner | Opening odds | Round 4 odds | Runner-Up |
|---|---|---|---|
2025 - Jannik Sinner | +275 | -110 | Alexander Zverev |
2024 - Jannik Sinner | +1800 | +400 | Daniil Medvedev |
2023 - Novak Djokovic | +140 | -110 | Stefanos Tsitsipas |
2022 - Rafael Nadal | +700 | +350 | Daniil Medvedev |
2021 - Novak Djokovic | +110 | +450 | Daniil Medvedev |
2020 - Novak Djokovic | +175 | -125 | Dominic Thiem |
2019 - Novak Djokovic | +130 | +100 | Rafael Nadal |
2018 - Roger Federer | +350 | +175 | Marin Cilic |
2017 - Roger Federer | +2000 | +1200 | Rafael Nadal |
2026 Australian Women's Singles Winner - Best Odds
Player | Opening odds | Current best odds |
|---|---|---|
Aryna Sabalenka | +200 | +210 (FanDuel) |
Iga Swiatek | +450 | +500 (FanDuel) |
Coco Gauff | +500 | +600 (FanDuel) |
Elena Rybakina | +800 | +800 (DraftKings*) |
Madison Keys | +800 | +1000 (Caesars) |
Mirra Andreeva | +1400 | +1600 (DraftKings) |
Qinwen Zheng | +1600 | +1800 (FanDuel) |
Karolina Muchova | +2000 | +2600 (FanDuel) |
Naomi Osaka | +2500 | +3000 (FanDuel) |
Jessica Pegula | +3300 | +3800 (FanDuel) |
Paula Badosa | +3300 | +3800 (FanDuel) |
Emma Navarro | +3300 | +4000 (Caesars) |
Diana Shnaider | +4000 | +4600 (FanDuel) |
Jasmine Paolini | +4000 | +4600 (FanDuel) |
Emma Raducanu | +4000 | +5000 (Caesars) |
Odds as of March 7, 2025
* = the same odds are offered by multiple sportsbooks.
2026 Women's Australian Open Champion Odds Comparison - TOP5 Favorites
Player | DraftKings | FanDuel | |
|---|---|---|---|
Aryna Sabalenka | +200 | +210 | +200 |
Iga Swiatek | +400 | +500 | +400 |
Coco Gauff | +500 | +600 | +500 |
Elena Rybakina | +900 | +850 | +900 |
Madison Keys | +800 | +800 | +1000 |
Odds as of March 7, 2025
Past Australian Open Women's Singles Champions & Odds
Year - Winner | Opening odds | Round 4 odds | Runner-Up |
|---|---|---|---|
2025 - Madison Keys | +5000 | +2000 | Aryna Sabalenka |
2024 - Aryna Sabalenka | +500 | +200 | Zheng Qinwen |
2023 - Aryna Sabalenka | +2000 | +450 | Elena Rybakina |
2022 - Ashleigh Barty | +500 | +160 | Danielle Collins |
2021 - Naomi Osaka | +500 | +275 | Jennifer Brady |
2020 - Sofia Kenin | +4000 | +1600 | Garbine Muguruza |
2019 - Naomi Osaka | +1000 | +1100 | Petra Kvitova |
2018 - Caroline Wozniacki | +3300 | +550 | Simona Halep |
2017 - Serena Williams | +185 | +185 | Venus Williams |
Underdogs Down Under: Why the Australian Open produces more early-round chaos than other slams
If you combine the fact that the Australian Open is the first Grand Slam of every season with the unpredictable Melbourne heat and match times, this event tends to produce more first- and second-round upsets than any other Grand Slam. While the tennis offseason is not long, players are still typically knocking off some rust when they arrive in Melbourne, leading to a few shaky results from the top players in the world.
This tournament has historically had the most first and second-round upsets of any Grand Slam, allowing bettors to find great value on underdogs. With the start of a new tennis season, bettors are eager to begin wagering on the sport again, but most public bettors will place their money on the well-known names, which only drives up the prices for those players on the moneyline.
Take 2025 as an example. In the first round of the tournament, players such as Grigor Dimitrov, Alexei Popyrin, Andrey Rublev, and Stefanos Tsitsipas all lost. With most of these players being fairly prominent names in the sport, sharp bettors may have been able to secure more valuable prices to wager against them and back the underdog. Of course, when backing large underdogs, bankroll management should always be remembered, but if there is an event to target the dogs early, it’s the Aussie Open.
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