The Australian Open is the first grand slam on the tennis calendar and is always one of the most exciting and unpredictable tournaments of the season. The biggest names in tennis routinely descend on Melbourne Park in the last fortnight of January and put on a show for the Australian public, with attendances over the last three years exceeding 700,000 (on par with the US Open).
With 254 matches across the men’s and women’s draws alone, the Australian Open is paradise for the betting community. The tournament presents an incredible range of options for punters, with each match consisting of much more than just head-to-head lines. Below you will find a comprehensive overview of the tournament, including odds from a variety of providers and our best betting tips to help you win big at the Open.
Australian Open Men
Latest odds update: 16/10/2017
Australian Open Men’s Winners (Open Era)
- 6 – Novak Djokovic (2008, 2011, 2012, 2013, 2015, 2016)
- 5 – Roger Federer (2004, 2006, 2007, 2010, 2017)
- 4 – Andre Agassi (1995, 2000, 2001, 2003)
As is normally the case, the outright victory market in the Australian Open men’s draw is dominated by the biggest names in tennis, who will each be out to improve on their already stellar records at the event. It is really difficult to split the current big four, especially now that Roger Federer and Rafael Nadal have rocketed back into major tournament contention following their dominance in the 2017 season.
It is extremely rare to see an outsider win the Australian Open men’s draw. Roger Federer was technically one when he won the 2017 tournament as a 17th seed, however as a four-time champion before the event he can hardly be considered an outsider.
Over the last fifteen tournaments, Switzerland’s Stan Wawrinka is the only other man outside of the top four seeded players to have lifted the trophy. This is an incredible statistic that should not be ignored when considering a bet on the outright winner of this event.
As the top seeded men rarely fail to make it to at least the second week of the tournament, parlay betting becomes a favourable option. Individually, you are not going to see any sort of value if you were to place a head-to-head bet on the top eight seeds in the first three or four rounds, however if you were to combine four or more of the best players into one bet, your odds will increase dramatically despite the chances of failure remaining slim.
Similarly, the sheer number of matches at the Australian Open means that there will be several games on the same day, which again presents a great opportunity for a parlay bet. If you have done your research, we guarantee that you will be able to find a player or two in the mens draw (we’re talking lower ranked players) offering far better odds than they should – scope these out, place a two or three-fold parlay bet and watch the money come in.
Australian Open Women
Latest odds update: 16/10/2017
Australian Open Women’s Winners (Open Era)
- 7 – Serena Williams (2003, 2005, 2007, 2009, 2010, 2015, 2017)
- 4 – Evonne Goolagong Cawley (1974, 1975, 1976, 1977)
- 4 - Steffi Graf (1988, 1989, 1990, 1994)
- 4 – Monica Seles (1991, 1992, 1993, 1996)
Unlike the men’s draw, outright betting in the women’s Australian Open draw is downright difficult, as there are always a number of players who could win the tournament. This means that you will see far more generous odds on the top seeds, so if you follow the women’s game closely and pay attention to all of the lead up competitions, you can outsmart the sportsbooks and make a decent profit.
The best way to bet on women’s matches is to utilize the live betting option that is available through all of the top betting companies. The main reason for this is that an average female game tends to fluctuate much more than a men’s fixture, and upsets are more common due to the fact that the matches are much shorter.
For example, in a match between one of the top seeds and an outsider, you may see odds that are not worthy of a bet for the top-ranked player – let’s say they start at -800. As is often the case in tennis, the outsider will start strongly and occasionally take the first set off the better player.
If this occurs, you will be able to jump on the favourite at much better odds, perhaps -200, and the chances of them recovering and storming home to victory are extremely high.
With so many matches being played at one time, and with the top betting companies offering head-to-head odds on each of them, you will have all the tools you need to make the right play at the right time. Simply take note of the favourites before the matches get underway, and in the case that an outsider behaves in the manner above, jump on the favourite and watch the money roll in. Your patience will be rewarded.
Australian Open Betting Odds 2018
A fantastic way to beat the post-holiday blues, the Australian Open is an excellent opportunity for bettors to get their New Year wagering bankroll off to a profitable start. From pre-tournament futures odds, to individual match and set betting prices, not to mention a wide variety of prop betting options, our top ranked sportsbooks listed below have tennis fans covered for the whole 14 days.
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Novak Djokovic will be among the favourites for the 2018 men’s draw in spite of a lackluster recent period simply because he holds the record for the most tournament victories – six in total, including three in a row between 2011 and 2013.
Unless the Serb returns to form in a hurry, there is a much greater chance that the great Roger Federer will lift his 20th grand slam trophy, a feat that would see him equal the Joker’s record of Australian Open championships.
And lets not forget Rafael Nadal who perhaps was the biggest surprise in 2017. While winning his tenth French Open was almost expected, his win at the US Open on a less than favourable surface signalled a return to his best form, and he will go into the 2018 Australian Open a great chance as long as he continues in the same vein and remains injury free. It’s going to be a fantastic tournament.
Meanwhile in the women’s half it is all about Serena Williams. With seven Australian Open wins it’s hard to imagine that Serena Williams will not be favoured to win for an eighth time; however, having just given birth to her first child it will be very interesting to see whether she can make an impact in 2018, and the first slam of the year will be her first since winning at Melbourne Park in 2017.
As for the leading contenders, well it’s really anyone’s guess as to who will be the next female Australian Open champion. To pick a winner here you will need to follow the action closely right up until the weeks before it all gets underway.
What is certain is that the Australian Open will once again surprise and entertain, and if you’re on a winner the excitement will be on another level. Be sure to check back regularly for updates prior to the 2018 tournament and continue to follow our betting guides to ensure you have the best chance of winning.Related articles