Australian Open Betting Odds

The Australian Open kicks off the tennis season each year as the first of the four major Grand Slam tournaments. Each year the tournament is played in late December and early January, right in peak Christmas holiday season - which is highly criticized by some players. The Australian Open is thought to set the tone for the tennis season and can result in a few upsets.

The odds for the first Grand Slam of the year in 2021 are now available. The 2021 Australian Open Odds are subject to change and as the markets adjust, we will be sure to update this page accordingly. The odds were last updated on July 2, 2020: 

2021 Australian Open Men's Singles Winners Odds bovada MyBookie gtbets
Novak Djokovic +100 +120 +100
Daniil Medvedev +600 +600 +600
Dominic Thiem +600 +600 +600
Rafael Nadal +600 +600 +600
Roger Federer +600 +600 +600

As the tournament is known for producing upsets, it is a sports betting paradise for tennis bettors. You can get some great value betting on the Australian Open, and regardless of who you place a wager on, you can expect an exciting tournament with plenty of betting opportunities. It's not hard to find plenty of Australian Open picks from professional sports handicappers, or Australian Open predictions from tennis beat writers. 

The first Australian Open was held in 1905 and rarely featured international players as it wasn’t easy to travel to Australia in the early 1900s. The tournament didn’t really garner the prestige and talent until the 1980s and grew to be one of the most popular tennis tournaments each season.

Originally a grass-court tournament, the tournament organizers switched to a hard court called Rebound Ace in 1988 - which isn’t a huge change in speed in the end, but customizes the ball bounce with more cushioning. For the 2019-2020 Australian Open, they switched to a brand of the hardcourt called GreenSet, which is layers of acrylic resin and silica over an asphalt base.

If you plan to bet on the Australian Open, you will need to prepare by knowing the courts, reviewing online sportsbooks for the best Australian Open odds, knowing your options for Australian Open betting, reviewing tennis content and Australian Open predictions and researching top contenders.

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Past Australian Open Champions

Past 5 Australian Open Winners - Men's Singles

  • 2020 - Novak Djokovic
  • 2019 - Novak Djokovic
  • 2018 - Roger Federer
  • 2017 - Roger Federer
  • 2016 - Novak Djokovic

Past 5 Australian Open Winners - Women’s Singles

  • 2020 - Sofia Kenin
  • 2019 - Naomi Osaka
  • 2018 - Caroline Wozniacki
  • 2017 - Serena Williams
  • 2016 - Angelique Kerber

Past 5 Australian Open Champions - Men’s Doubles

  • 2020 - Rajeev Ram & Joe Salisbury
  • 2019 - Pierre-Hugues Herbert & Nicolas Mahut
  • 2018 - Oliver Marach & Mate Pavic
  • 2017 - Henri Kontinen & John Peers
  • 2016 - Jamie Murray & Bruno Soares

Past 5 Australian Open Champions - Women’s Doubles

  • 2020 - Timea Babos & Kristina Mladenovic
  • 2019 - Samantha Stosur & Zhang Shuai
  • 2018 - Timea Babos & Kristina Mladenovic
  • 2017 - Bethanie Mattek-Sands & Lucie Safarova
  • 2016 - Martina Hingis & Sania Mirza

Past 5 Australian Open Champions - Mixed Doubles

  • 2020 - Barbora Krejcikova & Nikola Mektic
  • 2019 - Barbora Krejcikova & Rajeev Ram
  • 2018 - Gabriela Dabrowski & Mate Pavic
  • 2017 - Abigail Spears & Juan Sebastian Cabal
  • 2016 - Elena Vesnina & Bruno Soares 

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How to Bet on the Australian Open

The 2021 Australian Open will be here before you know it, and before you start placing your bets this December, let’s review popular Australian Open betting types to broaden your tennis betting strategies and potentially introduce you to new options.

Let’s start with the most popular tennis betting options:

Australian Open Moneyline Betting

Each Australian Open consists of five singles and doubles categories, making the opportunities to place a moneyline bet on the Australian Open plentiful. All sports have the moneyline wager and when it comes to betting on the Australian Open, your task is to bet on which player you think will win the match.

For example:

If you have Federer versus Djokovic, and let’s say in this instance we have Federer as the favorite to win the Australian Open Men’s Singles, you might see odds that look like this:

  • Roger Federer -120
  • Novak Djokovic +110

Since Federer is the favorite, the negative number means you will have to bet that amount to win $100. So you would have to place $120 on Nadal to win $100. If you look at Djokovic, the underdog in this situation - he has much better value odds. If you bet on Djokovic, his +110 odds mean that you would need to wager $100 to win $110.

Each match at the Australian Open will have different odds, and usually, if there’s a significant underdog, you might see +850 or +1000 odds - which could result in a huge payout if your underdog ends up winning.

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Australian Open Tennis Spreads

Professional handicappers favor the point spreads, and you definitely shouldn’t overlook it either. It provides a little more flexibility for error but can be a little more complex. The oddsmakers at your chosen sportsbook will set the spreads based on the two players competing, taking into account the hardcourt and how that might affect the player, the player’s style, and past records.

This type of bet gives the underdog an imaginary head start before the match even begins. A little bit different than other sports, tennis spreads are based on the number of sets within a match. So if Djokovic is a -400 favorite in a match, he might have a -3.5 spread, meaning he would need to win four games or more than his opponent to cover the spread.

On the other hand, if he had a +3.5 spread, there are two options: he could either win, or lose the game, but would need to lose by less than four.

Australian Open Totals (Over/Under)

When you aren’t sure who might win the match, a good back up plan is the totals bet. Your job is to decide if you think the total number of games in a match will be over or under the oddsmaker’s set line.

Before the match, the oddsmaker at your sportsbook will set a line, predicting the total number of games within a match. If the number is 19 games, you would have to decide whether you think the match will have more or less than 19 games - very straight forward. The total will have odds attached to it, like -110 or -120 on the most likely option. If the match has 22 games and you picked the under, you would lose the bet.

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Top Online Sportsbooks for Australian Open Betting

    Now that you’re a bit more familiar with the Australian Open betting types available, you’re ready to choose an online sportsbook and prepare for the 2021 Australian Open. If your state doesn’t allow online sports betting, you might want to consider signing up at offshore online sportsbooks to place your Australian Open tennis bets from your smartphone, allowing you to bet from just about anywhere.

    Finding a sportsbook that is trustworthy and safe, while also posting the best Australian Open tennis odds should be your main priority when searching for an online sportsbook. Researching online sportsbooks before signing up, and ensuring there are great sign up bonuses and loyalty programs that will pad your bankroll. 

    Remember to have fun betting on the 2021 Australian Open in December, and always ensure you gamble responsibly.