The 2025 Grand Slam season is officially underway, with the Australian Open kicking off in Melbourne this week.
The Australian Open odds are filled with familiar faces and recent champions alike — we break it all down below.
2025 Australian Open men's singles odds
| Player |  |
|---|---|
| Jannik Sinner | +120 |
| Carlos Alcaraz | +300 |
| Novak Djokovic | +750 |
| Alexander Zverev | +800 |
| Daniil Medvedev | +1800 |
| Taylor Fritz | +2500 |
| Joao Fonseca | +2500 |
| Alex De Minaur | +4500 |
| Jack Draper | +10000 |
| Giovanni Mpetshi Perricard | +10000 |
Odds as of 1-15.
2025 Australian Open men's singles favorites
1/15/2025: Jannik Sinner (+120) and Carlos Alcaraz (+300) both cruised through their opening-round matches without a scratch and while Novak Djokovic is now into Round 3, he did drop a set in each of his first two matches. Alexander Zverev (+800) is also into Round 3 after winning his first two matches in straight sets.
Previous Australian Open men's betting action
1/10/2025: Defending champion Jannik Sinner got a fairly easy draw, with second-choice Carlos Alcaraz on the other side of the bracket. Alcaraz will also have to get through Novak Djokovic just to reach the Final, if things chalk out.
9/18/2024: The very early outlook for the 2025 men's draw is showing a three-horse race between Novak Djokovic, Carlos Alcaraz, and defending champion Jannik Sinner. And while Djokovic was unable to bring home a Grand Slam title in 2024, he's still the No. 1 choice across the board with odds ranging between +150 and +200.
2025 Australian Open women's singles odds
| Player | |
|---|---|
| Aryna Sabalenka | +150 |
| Iga Swiatek | +400 |
| Coco Gauff | +450 |
| Elena Rybakina | +750 |
| Mirra Andreeva | +2500 |
| Naomi Osaka | +3000 |
| Madison Keys | +3500 |
| Jessica Pegula | +3500 |
| Jasmine Paolini | +4000 |
Odds as of 1-15.
2025 Australian Open women's singles favorites
1/15/2025: The pretournament Top 4 of Sabalenka (+150), Swiatek (+400), Gauff (+450), and Rybakina (+750) has mostly kept its shape, with those four yet to drop a set in the early rounds. Naomi Osaka, meanwhile, has advanced to Round 3 but needed three sets in both matches to do so.
Previous Australian Open women's action
1/10/2025: Aryna Sabalenka continues to get bet down Down Under with her price falling following a masterful win in the Brisbane Open. Her draw is not all that easy though, with Sloane Stephens, Mirra Andreeva, and Qinwen Zheng all possibly waiting in the wings. That could open the door for Coco Gauff, who has caught and passed Iga Swiatek for second-choice status with the tournament nearly here.
9/18/2024: Back-to-back Aussie Open champ Aryna Sabalenka is once again the woman to beat in Melbourne, opening up with odds in the +220 to +250 range, just ahead of World No. 1 Iga Swiatek at +350 and Coco Gauff between +450 and +600. 2019 and 2021 champ Naomi Osaka is fifth on the board at 18/1.
Previous Australian Open singles champions
| Year | Men's Champion | Women's Champion |
|---|---|---|
| 2024 | Jannik Sinner | Aryna Sabalenka |
| 2023 | Novak Djokovic | Aryna Sabalenka |
| 2022 | Rafael Nadal | Ashleigh Barty |
| 2021 | Novak Djokovic | Naomi Osaka |
| 2020 | Novak Djokovic | Sofia Kenin |
| 2019 | Novak Djokovic | Naomi Osaka |
| 2018 | Roger Federer | Caroline Wozniacki |
| 2017 | Roger Federer | Serena Williams |
| 2016 | Novak Djokovic | Angelique Kerber |
| 2015 | Novak Djokovic | Serena Williams |
How to bet on Australian Open odds
Tennis betting is most commonly done with moneyline odds for a match. Each player is assigned a moneyline price and bettors can wager on which one they think will win. Sportsbooks also offer futures odds for each tournament in which you can bet on which player will win that specific tournament.
Tennis futures odds usually look like this:
- Carlos Alcaraz +250
This means that on a $100 bet, you'll stand to win $250 if Alcaraz wins the tournament. If it's close to the end of a tournament or one player has been particularly dominant, you might see someone with a minus sign (-) ahead of their odds:
- Novak Djokovic -120
This means that you would need to wager $120 to win $100 on Djokovic winning the tournament.
Above we have posted the American odds for the Australian Open. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool.
Popular tennis futures markets
Australian Open Odds FAQs
Jannik Sinner and Aryna Sabalenka are the current betting favorites to win the 2025 Australian Open.
Jannik Sinner (men) and Aryna Sabalenka (women) are the current Australian Open defending champions.
The Australian Open will be held at Melbourne Park in Melbourne, Australia.
