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2026 Australian Open Odds Tracker

Ian Jones

By Ian Jones

Updated:


  • Revisit the odds movement for the top men and women at the 2026 Australian Open
  • Carlos Alcaraz and Elena Rybakina were the 2026 Australian Open singles tournament winners
  • Looking for the latest Australian Open odds?

The 2026 Australian Open began on January 12, 2026 and ran until February 1st. After two weeks of tennis, Spain’s Carlos Alcaraz and Kazakhstan’s Elena Rybakina were the last ones standing, winner’s if the Men’s and Women’s singles tournaments. After opening at +275, Alcaraz held off Novak Djokovic 2–6, 6–2, 6–3, 7–5 to win his first Australian Open title. It was also the first Aussie Open title for Rybakina, who defeated Aryna Sabalenka 6–4, 4–6, 6–4, to avenge a loss to Sabalenka in 2023 on the same court.

We tracked the odds for all of the top contenders and charted them on this page, from the moment they became available until the tournament finals. The graphs below were generated by calculating the average odds from our most-trusted online sportsbooks.

Men’s Odds / Women’s Odds

2026 Australian Open Men’s Singles Odds & Favorites

Sports Betting Dime

 

Final Odds to Win the 2026 Australian Open Men’s Singles Tournament

PlayerOdds
Carlos Alcaraz-320
Novak Djokovic+254

Odds last recorded on January 30th, 2026 at DraftKings Sportsbook.

2026 Australian Open Men’s Singles Odds Movement Timeline

  • January 30 – Novak Djokovic has knocked off the champ! It took five sets to do it, but the ten-time Australian Open champ will be battling for his 11th title as a +254 underdog. He’ll be facing Carlos Alcaraz (-320), the tournament’s #1 seed who went through his own five-set marathon to get to the final. If he’s able to pull off the victory, Alcaraz will have completed his Career Grand Slam.
  • January 28 – With all four top seeds still in the Men’s Singles tournament, this is the first chalk semifinals since 2013, back in a time when Novak Djokovic was the #1 seed. Now, the former champ is getting +1300 to win his eleventh title, a slight dip from last round’s +900 as he’s set to face tournament favorite Jannik Sinner (-125) in the semis.
  • January 26 – We’re starting to see some big names fall! In the Fourth Round alone, the Aussie Open lost seeds 9 through 12 (Taylor Fritz, Alexander Bublik, Daniil Medvedev, and Casper Ruud), as well as 19-seed Tommy Paul. The biggest odds shift for surviving players likely belongs to Alex De Minaur, who went from +8000 four days ago to +4000.
  • January 22 – After two rounds there’s been no major odds movement in the men’s draw, though 8-seed Ben Shelton has seen his odds lengthen from +6000 to +8000, thanks to a quarterfinal matchup with World No. 1 Jannik Sinner on the horizon.
  • January 16 – It’s Jannik & Carlos, then everybody else! The closest contender to the top two is former champ Novak Djokovic at +1600, which equates to a mere 5.9% win probability.
  • January 2 – Britain’s Jack Draper has seen his odds shorten immensely since last year. After opening at +5000, Draper is now getting +2000 just two weekends before the tournament.
  • February 14, 2025 – Two weeks removed from his second-consecutive Australian Open title, Jannik Sinner opens at +125 as the favorite to win in 2026. Just behind him are Carlos Alcaraz (+250), Novak Djokovic (+600), and 2025 runner-up Alexander Zverev (+1000).

2026 Australian Open Women’s Singles Odds & Favorites

Sports Betting Dime

Final Odds to Win the 2026 Australian Open Women’s Singles Tournament

PlayerOdds
Aryna Sabalenka-165
Elena Rybakina+135

Odds last recorded on January 30th, 2026 at DraftKings Sportsbook.

2026 Australian Open Women’s Singles Odds Movement Timeline

  • January 30 – The Women’s Singles final is set! #1 seed and two-time Australian Open champ Aryna Sabalenka dominated Elina Svitolina in her semi to set up a fourth-straight finals appearance, against the fifth-seed Elena Rybakina. The 2022 Wimbledon champ held off Jessica Pegula in her semi and is now a narrow +135 underdog heading into the final.
  • January 28 – At -150, Sabalenka is now an odds-on favorite to capture her third win at Melbourne Park. Looking to keep her from a fourth straight finals appearance is the 12-seed Elina Svitolina (+1100), who convincingly defeated #3-seed Coco Gauff in the quarterfinals.
  • January 26 – Some big names are starting to fall in the Women’s Singles draw: neither 7-seed Jasmine Paolini and 16-seed Naomi Osaka survived the Third Round, while #8 Mirra Andreeva and #9 Madison Keys went out in the Fourth. The Top 5 names on the odds table still remain (Sabalenka, Rybakina, Swiatek, Anisimova, and Gauff), but the biggest change in odds after the weekend belongs to Elina Svitolina, who went from +6000 to +2800 on Monday.
  • January 22 – Fifth-seed Elena Rybakina has seen her average shorten from +640 to +600, making her the new second-favorite in the women’s draw.
  • January 16 – Aryna Sabalenka and Iga Swiatek are still the big favorites, but a big mover before the start of the tournament is Amanda Anisimova, who’s gone from +1000 at the beginning of the month to +750.
  • January 2 – Madison Keys’ odds to repeat have only grown longer over the past year. After opening it +800, she’s now averaging +1900, with odds as long as +2500.
  • February 14, 2025 – She may not have won in 2025, but bettors are expecting big things from Aryna Sabalenka in 2026. The Belarussian opens at +200 to win in Melbourne, ahead of Iga Swiatek (+400), Coco Gauff (+500), and the ’25 champ Madison Keys (+800).

Ian Jones
Ian Jones

MLB, NFL & MLS Writer

With a background in content marketing, literature, and design, Ian has been bringing a little bit of everything to SBD since 2021. In addition to having penned articles for Eighty-Six Forever, Ian can and will talk your ear off over almost any sport you can think of.

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