Australian Open 2026 Betting Odds

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Date: 2026.01.12
Contest: TENNIS
Location: Australian Open


The 2026 Australian Open marks the first Grand Slam of the year and the start of a new ATP season storyline. With Novak Djokovic nearing the end of his career and Jannik Sinner now established as the sport's leading hard-court force, the market paints a clear picture: youth has taken over Melbourne.

Source: Bet365
Time Stamp: 6 January 2026, 4:00 PM UK
Odds Subject to Change

Jannik Sinner opens as the clear favorite at 1.90, reflecting his dominant 2025 season and strong record on hard courts. The 2024 champion has evolved into the sport's most reliable baseline force, winning titles in Turin and Melbourne last year.

Carlos Alcaraz sits second in the market at 2.50. The Spaniard's shotmaking remains unmatched, but injuries and inconsistency in late 2025 have cooled public confidence. Still, few players can match his peak level across best-of-five sets.

Novak Djokovic follows at 11.00, marking the first time in years he's entered Melbourne at double-digit odds. At 38, Djokovic remains dangerous, but his physical level has dipped - and he's fallen earlier than expected in recent Slams.

Alexander Zverev (19.00) and Daniil Medvedev (26.00) anchor the next tier. Zverev reached the 2025 Australian Open semis but continues to struggle closing matches against top-tier opponents. Medvedev, the 2021 champion, has shown flashes yet remains erratic on return.

Felix Auger-Aliassime (36.00) and a trio of American names - Taylor Fritz, Ben Shelton, and Frances Tiafoe (all 41.00 or 101.00) - represent the outside North American hopes. Shelton’s serve-heavy game could thrive in quick conditions.

Stefanos Tsitsipas and Andrey Rublev, both listed at 81.00, have slipped after plateauing in 2024. The same odds apply to Lorenzo Musetti and Grigor Dimitrov, players with solid indoor form but limited Slam success.

Further back, Casper Ruud, Matteo Berrettini, and Sebastian Korda sit around 101.00, reflecting potential but a lack of recent big-match wins. Hubert Hurkacz and Denis Shapovalov are grouped at 151.00, signaling longshot status given their current ranking and health concerns.

Among deep outsiders, Arthur Fils, Nick Kyrgios, and Karen Khachanov (all 151.00) could surprise if the draw opens up. Kyrgios, returning after long injury layoffs, remains an X-factor in home conditions.

The market's spread shows a clear two-man race - Sinner and Alcaraz - with a fading Djokovic and an uncertain field behind them.

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