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Jannik Sinner celebrates after defeating Taylor Fritz in the men's singles final of the 2024 U.S. Open as we analyze the 2025 Australian Open odds.
Jannik Sinner celebrates after defeating Taylor Fritz in the men's singles final of the 2024 U.S. Open. Photo by Robert Deutsch / USA TODAY NETWORK via Imagn

Who's ready for the first major of the 2025 season? 

I have no doubt Australian Open odds front-runners Jannik Sinner and Aryna Sabalenka are itching to play. Both the women's and men's favorites won two grand slams last season and are the defending Australian Open champions. 

Meanwhile, Novak Djokovic is chasing his 11th Australian Open title, while Carlos Alcaraz has yet to win Down Under. Iga Swiatek, who has also never won this tournament, is trading just behind Sabalenka. 

Australian Open men's odds

Odds from our best sports betting apps as of Dec. 8. 

PlayerDraftKingsFanDuelBetMGMCaesarsbet365
Jannik Sinner+175+150+190+200+175
Carlos Alcaraz+250+220+200+225+240
Novak Djokovic+400+410+250+390+300
Daniil Medvedev+900+850+1200+1000+700
Alexander Zverev+900+1200+700+900+1000
Taylor Fritz+3500+3600+2200+2800+3300
Jack Draper+3000+3600+2500+4000+3300
Frances Tiafoe+3000+5500+3300+5000+5000
Casper Ruud+5000+4500+5000+6000+4000
Alex De Minaur+4000+5500+5000+5000+5000

Men's Australian Open favorite

Novak Djokovic (+410)

Sinner is the rightful Australian Open odds favorite. He was the best player on the men's tour for most of last season and ousted Djokovic in the semifinal of the 2024 Australian Open. 

However, it's hard to ignore the +410 odds Djokovic is receiving at FanDuel

The 10-time Australian Open champion (yes, I did say 10) will be highly motivated to win his 11th after exiting the US Open in the third round and losing in the 2024 semifinal Down Under.

The 2024 season marked the first time Djokovic didn't win a major since 2017, again adding fuel to his inner burning fire. 

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Djokovic should be well-rested, too, which is a troubling prospect for the rest of the field. This could be one of his last chances for him to win his favorite event. 

Best odds: +410 via FanDuel | Implied probability: 33.33%

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My 2025 Australian Open men's player to watch

 Alexander Zverev (+1200)

I've been bullish on Alexander Zverev for a few months, and I'll remain that way until he fades into the background. The combination of his hard-court skill set and betting value are his most significant draws. 

Zverev made it to the quarterfinals in New York before losing for the second straight time at a major to Taylor Fritz. 

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It feels like Zverev is doing his best Big Bad Wolf impression while consistently knocking on the door but struggling to gain admission. He's advanced to at least the quarterfinals in five of his previous seven Grand Slam events, falling during the quarterfinals and semifinals at his last two Australian Opens. 

The 2025 edition could finally be the tournament when he gets everything right. His previous +2000 odds through DraftKings are long gone, and now the best price you can get is +1200 at FanDuel. However, those odds are still worth a crack. 

Best odds: +1200 via FanDuel | Implied probability: 7.69%

Australian Open women's odds

Odds from our best sportsbooks as of Dec. 8.

PlayerDraftKingsFanDuelBetMGMCaesarsbet365
Aryna Sabalenka+200+190+225+230+225
Iga Swiatek+380+390+400+380+350
Coco Gauff+500+500+650+500+450
Elena Rybakina+900+1000+900+1000+900
Karolina Muchova+1800+2400+1200+2200+2000
Qinwen Zheng+1100+1200+800 +1200+1000
Naomi Osaka+2000+2700+1600+2200+2200
Mirra Andreeva+2500+3000+1600+2500+2500
Jessica Pegula+2200+3000+1100+2800+2500
Jasmine Paolini+2200+2700+2800+7000+2200

Women's Australian Open favorite

Aryna Sabalenka (+230)

Sabalenka is the most dominant force in women's tennis during the leadup to the Australian Open. 

The Belarusian is the reigning Australian Open champion after winning Down Under in consecutive years. She's also advanced to at least the semifinal in seven of the last eight Grand Slams. 

Oh, and she won the US Open this past year, beating Jessica Pegula in straight sets. 

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The Australian Open is her favorite event, as it perfectly suits her wildly powerful skill set. Not only is she playing super tennis, but Sabalenka is growing in maturity and confidence with every tournament.

She was my pick prior to the US Open, and I'll be backing her to win in Australia too. 

Best odds: +230 via Caesars | Implied probability: 30.30%

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My 2025 Australian Open women's player to watch

Jessica Pegula (+3000)

The US Open finalist is on a tear, and I can't see her slowing down anytime soon. Pegula finished the 2024 season with a bang, winning the Canadian Open and then losing to Sabalenka in consecutive finals (Cincinnati Open and the US Open). 

Her sensational form and supreme confidence make her +3000 odds at FanDuel even more appealing. Pegula's odds are as short as +1100 at BetMGM, highlighting the absurdly good value you'll get at FanDuel. 

Best odds: +3000 via FanDuel | Implied probability: 3.23%

Past Australian Open winners

Odds prior to the start of Round 1.

YearMen's winner (odds)Women's winner (odds)
2024Jannik Sinner (+500)Aryna Sabalenka (+450)
2023Novak Djokovic (-120)Aryna Sabalenka (+700)
2022Rafael Nadal (+550)Ashleigh Barty (+275)
2021Novak Djokovic (+130)Naomi Osaka (+550)
2020Novak Djokovic (+120)Sofia Kenin (+6600)
2019Novak Djokovic (+120)Naomi Osaka (+1325)
2018Roger Federer (+195)Caroline Wozniacki (+1000)
2017Roger Federer (+2500)Serena Williams (+335)
2016Novak Djokovic (-145)Angelique Kerber (+3300) 
2015Novak Djokovic (-105)Serena Williams (+275)

How to bet on tennis

Types of bets

  • Match betting: Bet on the winner of a match.
    • Example: Betting on Novak Djokovic to win his first-round match.
  • Set betting: Bet on the exact score in sets.
    • Example: Predicting Coco Gauff will win 2-1 in sets.
  • Handicap betting: One player gets a handicap.
    • Example: Betting Carlos Alcaraz to win with a -2.5 set handicap.
  • Over/Under bets: Bet on total sets or games.
    • Example: Betting that a match between Daniil Medvedev and Alexander Zverev will have over 3.5 sets.
  • Outright winner Bets: Bet on the tournament winner.
    • Example: Placing a bet on Iga Świątek to win the women's singles.
  • Prop bets: Specific events within a match.
    • Example: Betting on a tiebreak in a match between Nick Kyrgios and Dominic Thiem.

Australian Open FAQs

Who are the 2025 Australian Open favorites?

Jannik Sinner is the men's favorite while trading as short as +150. Those odds imply a 40% win probability. Aryna Sabalenka is the front-runner on the women's side. Her odds are as short as +190, carrying an implied probability of 34.48%.

Who won the 2024 Australian Open?

Sinner won the 2024 men's Australian Open over Daniil Medvedev, and Aryna Sabalenka won the women's bracket over Qinwen Zheng in the final.

When is the 2025 Australian Open?

The 2025 Australian Open will take from Sunday, Jan. 12 through Sunday, Jan. 26.

Where is the 2025 Australian Open?

The Australian Open will be played at Melbourne Park in Melbourne, Australia.

Tennis betting odds pages

Here are our best sports betting apps:

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