2024 Australian Open Odds – Men, Women

by Staff | Last Updated: January 13, 2024 6:32 pm ET

The 2024 tennis season will be here sooner than you know it, and with the the first Grand Slam tennis event of the new season: The Australian Open.

The first big hard court event of the season always tests the players in the late summer heat of Melbourne in South Australia.

Who Are The Men’s Betting Favorites?

Ten-time champion Novak Djokovic has owned the event and in 2024 he’ll be trying to break Australian Margaret Court’s all-time singles Grand Slam titles record of 24.

Rafael Nadal might be back in what could be his farewell. Carlos Alcaraz will return after missing the 2023 edition.

Former finalists Daniil Medvedev, Stefanos Tsitsipas along with Alexander Zverev and Jannik Sinner are among the other top men’s contenders.

Who Are The Women’s Betting Favorites?

A year ago Iga Swiatek was the dominant force, but things have changed. Aryna Sabalenka took the 2023 title and eventually the top ranking. And the Coco Gauff rose up to win the US Open in majestic fashion.

Former Wimbledon champion Elena Rybakina rounds this first tier of favorites. Then it’s Jessica Pegula who still seeks that first Grand Slam semifinal, followed by Ons Jabeur, Karolina Muchova, Caroline Garcia and Maria Sakkari.

The tournament begins on Sunday, January 14.

Here are the latest odds and favorites to win the title!

MEN'S AUSTRLAIAN OPEN TENNIS ODDS

Novak Djokovic +100 (1/1)
Carlos Alcaraz +350 (7/2)
Jannik Sinner +650 (13/2)
Daniil Medvedev +1000 (10/1)
Alexander Zverev +2500 (25/1)
Alex De Minaur +2800 (28/1)
Holger Rune +3000 (30/1)
Grigor Dimitrov +4000 (40/1)
Stefanos Tsitsipas +5000 (50/1)
Casper Ruud +6500 (65/1)
Ben Shelton +6500 (65/1)
Andrey Rublev +6500 (65/1)
Taylor Fritz +8000 (80/1)
Hubert Hurkacz +10000 (100/1)
Sebastian Korda +13000 (130/1)
Matteo Berrettini +15000 (150/1)
Jack Draper +15000 (150/1)
Frances Tiafoe +15000 (150/1)
Felix Auger Aliassime +15000 (150/1)
Roberto Bautista Agut +15000 (150/1)
Tommy Paul +20000 (200/1)
Roman Safiullin +20000 (200/1)
Arthur Fils +20000 (200/1)
Alexander Bublik +20000 (200/1)
Maxime Cressy +20000 (200/1)
Marin Cilic +20000 (200/1)
Lorenzo Musetti +20000 (200/1)
Karen Khachanov +20000 (200/1)
Stan Wawrinka +20000 (200/1)
Dominic Thiem +20000 (200/1)
Diego Schwartzman +20000 (200/1)
Cameron Norrie +20000 (200/1)
Brandon Nakashima +20000 (200/1)
Borna Coric +20000 (200/1)
Christopher Eubanks +20000 (200/1)
Andy Murray +20000 (200/1)
Jordan Thompson +20000 (200/1)
Ugo Humbert +20000 (200/1)
Jeffrey John Wolf +25000 (250/1)
Matteo Arnaldi +25000 (250/1)
Adrian Mannarino +25000 (250/1)
Denis Shapovalov +25000 (250/1)
Gael Monfils +30000 (300/1)
Luca Van Assche +30000 (300/1)
David Goffin +30000 (300/1)
Milos Raonic +30000 (300/1)
Mackenzie McDonald +30000 (300/1)
Hamad Medjedovic +30000 (300/1)
Sebastian Ofner +30000 (300/1)
Dusan Lajovic +30000 (300/1)
Daniel Evans +30000 (300/1)
Juncheng Shang +30000 (300/1)
Miomir Kecmanovic +30000 (300/1)
Jiri Lehecka +30000 (300/1)
Emil Ruusuvuori +30000 (300/1)
Sebastian Baez +30000 (300/1)
Marcos Giron +30000 (300/1)
Hugo Gaston +40000 (400/1)
Terence Atmane +50000 (500/1)
Lukas Klein +50000 (500/1)
Pedro Cachin +50000 (500/1)
Jesper De Jong +50000 (500/1)
Lloyd Harris +50000 (500/1)
Patrick Kypson +50000 (500/1)
Nuno Borges +50000 (500/1)
Hugo Grenier +50000 (500/1)
Flavio Cobolli +50000 (500/1)
Nicolas Jarry +50000 (500/1)
Maximilian Marterer +50000 (500/1)
Max Purcell +50000 (500/1)
Marton Fucsovics +50000 (500/1)
Marc Polmans +50000 (500/1)
Lorenzo Sonego +50000 (500/1)
Vit Kopriva +50000 (500/1)
Juan Pablo Varillas +50000 (500/1)
Jiri Vesely +50000 (500/1)
Sumit Nagal +50000 (500/1)
Jaume Munar +50000 (500/1)
Jason Kubler +50000 (500/1)
Jakub Mensik +50000 (500/1)
Aleksandar Kovacevic +50000 (500/1)
Jan-Lennard Struff +50000 (500/1)
James McCabe +50000 (500/1)
Gregoire Barrere +50000 (500/1)
Francisco Cerundolo +50000 (500/1)
Federico Coria +50000 (500/1)
Facundo Diaz Acosta +50000 (500/1)
Fabian Marozsan +50000 (500/1)
Dominik Koepfer +50000 (500/1)
Mate Valkusz +50000 (500/1)
Giulio Zeppieri +50000 (500/1)
Dino Prizmic +50000 (500/1)
Daniel Elahi Galan +50000 (500/1)
Dane Sweeny +50000 (500/1)
Daniel Altmaier +50000 (500/1)
Cristian Garin +50000 (500/1)
Constant Lestienne +50000 (500/1)
Christopher O'Connell +50000 (500/1)
Bernabe Zapata Miralles +50000 (500/1)
Benjamin Bonzi +50000 (500/1)
Arthur Rinderknech +50000 (500/1)
Arthur Cazaux +50000 (500/1)
Zhizhen Zhang +50000 (500/1)
Yosuke Watanuki +50000 (500/1)
Alexei Popyrin +50000 (500/1)
Rinky Hijikata +50000 (500/1)
Yoshihito Nishioka +50000 (500/1)
Alexandre Muller +50000 (500/1)
Alexander Shevchenko +50000 (500/1)
Yannick Hanfmann +50000 (500/1)
Alex Michelsen +50000 (500/1)
James Duckworth +50000 (500/1)
Tomas Martin Etcheverry +50000 (500/1)
Aleksandar Vukic +50000 (500/1)
Laslo Djere +50000 (500/1)
Tomas Machac +50000 (500/1)
Alejandro Tabilo +50000 (500/1)
Thiago Seyboth Wild +50000 (500/1)
Botic Van De Zandschulp +50000 (500/1)
Alejandro Davidovich Fokina +50000 (500/1)
Thanasi Kokkinakis +50000 (500/1)
Shintaro Mochizuki +50000 (500/1)
Albert Ramos-Vinolas +50000 (500/1)
Taro Daniel +50000 (500/1)
Adam Walton +50000 (500/1)
Tallon Griekspoor +50000 (500/1)
Soonwoo Kwon +50000 (500/1)
Roberto Carballes Baena +50000 (500/1)
Richard Gasquet +50000 (500/1)
Quentin Halys +50000 (500/1)
Pavel Kotov +50000 (500/1)
Omar Jasika +50000 (500/1)

WOMEN'S AUSTRALIAN OPEN TENNIS ODDS

Iga Swiatek +240 (12/5)
Aryna Sabalenka +400 (4/1)
Elena Rybakina +500 (5/1)
Cori Gauff +550 (11/2)
Jessica Pegula +1800 (18/1)
Qinwen Zheng +3000 (30/1)
Jelena Ostapenko +3000 (30/1)
Naomi Osaka +3500 (35/1)
Ons Jabeur +3500 (35/1)
Mirra Andreeva +4000 (40/1)
Beatriz Haddad Maia +5000 (50/1)
Elina Svitolina +5000 (50/1)
Maria Sakkari +5000 (50/1)
Marketa Vondrousova +6500 (65/1)
Victoria Azarenka +6500 (65/1)
Veronika Kudermetova +6500 (65/1)
Emma Raducanu +8000 (80/1)
Caroline Garcia +8000 (80/1)
Barbora Krejcikova +8000 (80/1)
Caroline Wozniacki +8000 (80/1)
Leylah Fernandez +8000 (80/1)
Ekaterina Alexandrova +10000 (100/1)
Danielle Collins +10000 (100/1)
Amanda Anisimova +10000 (100/1)
Sofia Kenin +10000 (100/1)
Angelique Kerber +10000 (100/1)
Anna Kalinskaya +10000 (100/1)
Shuai Zhang +10000 (100/1)
Liudmila Samsonova +10000 (100/1)
Clara Tauson +10000 (100/1)
Daria Kasatkina +12000 (120/1)
Paula Badosa +12000 (120/1)
Linda Noskova +12000 (120/1)
Donna Vekic +15000 (150/1)
Xiyu Wang +15000 (150/1)
Xinyu Wang +15000 (150/1)
Linda Fruhvirtova +15000 (150/1)
Marta Kostyuk +15000 (150/1)
Emma Navarro +15000 (150/1)
Shelby Rogers +15000 (150/1)
Elise Mertens +15000 (150/1)
Karolina Pliskova +15000 (150/1)
Katie Boulter +20000 (200/1)
Elisabetta Cocciaretto +20000 (200/1)
Alycia Parks +20000 (200/1)
Anastasia Potapova +20000 (200/1)
Anastasia Pavlyuchenkova +20000 (200/1)
Petra Martic +20000 (200/1)
Peyton Stearns +20000 (200/1)
Sloane Stephens +20000 (200/1)
Greet Minnen +25000 (250/1)
Claire Liu +25000 (250/1)
Anhelina Kalinina +25000 (250/1)
Sorana Cirstea +25000 (250/1)
Ajla Tomljanovic +25000 (250/1)
Mayar Sherif +25000 (250/1)
Magda Linette +25000 (250/1)
Jasmine Paolini +30000 (300/1)
Diane Parry +30000 (300/1)
Yulia Putintseva +30000 (300/1)
Ashlyn Krueger +30000 (300/1)
Varvara Gracheva +30000 (300/1)
Anna Karolina Schmiedlova +30000 (300/1)
Taylor Townsend +30000 (300/1)
Taylah Preston +30000 (300/1)
Camila Giorgi +30000 (300/1)
Alina Korneeva +30000 (300/1)
Maria Camila Osorio Serrano +30000 (300/1)
Lesia Tsurenko +30000 (300/1)
Katerina Siniakova +30000 (300/1)
Dayana Yastremska +40000 (400/1)
Jodie Anna Burrage +50000 (500/1)
Yulia Starodubtseva +50000 (500/1)
Daria Snigur +50000 (500/1)
Jaqueline Adina Cristian +50000 (500/1)
Emina Bektas +50000 (500/1)
Katie Volynets +50000 (500/1)
Elina Avanesyan +50000 (500/1)
Sara Bejlek +50000 (500/1)
Fiona Ferro +50000 (500/1)
Diana Shnaider +50000 (500/1)
Maria Timofeeva +50000 (500/1)
Daria Saville +50000 (500/1)
Lulu Sun +50000 (500/1)
Cristina Bucsa +50000 (500/1)
Clara Burel +50000 (500/1)
Zhuoxuan Bai +50000 (500/1)
Caroline Dolehide +50000 (500/1)
Bernarda Pera +50000 (500/1)
Yue Yuan +50000 (500/1)
Arantxa Rus +50000 (500/1)
Yanina Wickmayer +50000 (500/1)
Anna Blinkova +50000 (500/1)
Yafan Wang +50000 (500/1)
Viktoriya Tomova +50000 (500/1)
Viktorija Golubic +50000 (500/1)
Ana Bogdan +50000 (500/1)
Tatjana Maria +50000 (500/1)
Alize Cornet +50000 (500/1)
Aliaksandra Sasnovich +50000 (500/1)
Tamara Zidansek +50000 (500/1)
Aleksandra Krunic +50000 (500/1)
Tamara Korpatsch +50000 (500/1)
Storm Hunter +50000 (500/1)
Sara Sorribes Tormo +50000 (500/1)
Leolia Jeanjean +50000 (500/1)
Brenda Fruhvirtova +50000 (500/1)
Sara Errani +50000 (500/1)
Rebeka Masarova +50000 (500/1)
Olivia Gadecki +50000 (500/1)
Oceane Dodin +50000 (500/1)
Nao Hibino +50000 (500/1)
Nadia Podoroska +50000 (500/1)
McCartney Kessler +50000 (500/1)
Rebecca Marino +50000 (500/1)
Marie Bouzkova +50000 (500/1)
Ella Seidel +50000 (500/1)
Mai Hontama +50000 (500/1)
Magdalena Frech +50000 (500/1)
Renata Zarazua +50000 (500/1)
Lucia Bronzetti +50000 (500/1)
Anastasia Zakharova +50000 (500/1)
Lin Zhu +50000 (500/1)
Laura Siegemund +50000 (500/1)
Kimberly Birrell +50000 (500/1)
Kayla Day +50000 (500/1)
Kamilla Rakhimova +50000 (500/1)
Kaja Juvan +50000 (500/1)

Odds via Draftkings.

How Do You Read Australian Open Odds?

Understanding sports odds in general can be a dauting challenge for many fans. For tennis odds, when there is a plus sign (+), that indicates how much money you would win putting $100 down.

When there is a minus sign (-), that means you have to put that much down to win $100.

So at the Australian Open, if Carlos Alcaraz is +150, that means if you bet $100, if he won again you would get back $250 ($100 for your bet plus the $150 in winnings). If Iga Swiatek was -250 to win the Australian Open, and you put $250 down, if Swiatek won the title you would get back $350 ($250 in your initial bet plus $100 for the win).

When reading fractional odds -- let's say Novak Djokovic is 5/2 -- the first number (in this case 5) is the profit and the second number (in this case 2) is what you need to put down to get that. So if you put $2 down on Djokovic, you would get back $7 in total if he won ($2 is your bet plus the $5 for winning).

Now if Aryna Sabalenka was 2/7, if you put $7 down and she won you would get back $9 ($7 your initial bet plus $2 for the win).