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The Australian Open is just around the corner, marking the start of the tennis calendar’s Grand Slam schedule. Melbourne will once again host the sport’s elite as the ATP and WTA Tour’s top competitors battle on hard courts in one of the most prestigious events of the year. With the opening major often shaping momentum for the months ahead, the tournament carries added significance for the game’s biggest names. Betting odds from the top Tennis betting sites and our selections to lift the trophy are available below.
- What? 2026 Australian Open Tennis
- Where? Melbourne Park, Melbourne, Australia
- When? Sunday, January 18, 2026 – Sunday, February 1, 2026
Men’s Australian Open Odds and Contenders
Below are the outright odds for some of the Australian Open men’s contender.
| ATP Tennis |  |  |  |
| Jannick Sinner | -105 | -105 | -115 |
| Carlos Alcaraz | +150 | +150 | +165 |
| Novak Djokovic | +1200 | +1200 | +1100 |
| Alexander Zverev | +2000 | +2000 | +1300 |
| Daniil Medvedev | +2500 | +2500 | +1800 |
| Taylor Fritz | +4000 | +4000 | +2500 |
Jannik Sinner (-105)
Defending titleholder Jannik Sinner heads into the 2026 Australian Open as the clear frontrunner in the outright market. The Italian put together an outstanding 2025 campaign, claiming Grand Slam titles in Melbourne and at Wimbledon while also finishing runner-up at the remaining two majors.
Consistency at the highest level has been a defining trait for Sinner, with seven semi-final appearances across the last eight Grand Slam tournaments. His dominance at the Australian Open is particularly striking, having lifted the trophy in each of the past two years and compiling an impressive 85% win rate on the Melbourne hard courts.
Carlos Alcaraz (+165)
Carlos Alcaraz was also a standout presence on the ATP Tour last year, matching the elite standards set by his closest rivals. Still only 22, the Spaniard already boasts six Grand Slam trophies to his name and has accumulated 24 career titles across all Tour events.
While Alcaraz featured in three major finals last season, the Australian Open remains the Slam where he has found the least success. He has exited at the quarterfinal stage in each of the past two editions, and his 73% success rate in Melbourne is notably lower than his win percentages at the other Grand Slam tournaments.
Alexander Zverev (+2000)
Among the chasing pack, Alexander Zverev stands out as the most realistic threat to disrupt the dominance of the top two in the outright markets. Now 28, the German has repeatedly come close to capturing a maiden Grand Slam title, having ended up on the losing side of three major finals.
Zverev’s résumé includes 24 ATP Tour titles, highlighted by victories at the season-ending ATP Finals in both 2018 and 2021. Melbourne has also treated him well historically, with a 76% win rate at the Australian Open and semi-final appearances in three of the last six tournaments, underlining his comfort on the hard courts.
Men’s Australian Open Outright Winner Pick
The upcoming Grand Slam season could mirror the patterns established in 2025, with Jannik Sinner and Carlos Alcaraz again expected to set the standard at the top of the men’s game. However, when it comes to the Australian Open specifically, the edge clearly leans toward Sinner.
His proven success in Melbourne, combined with his consistency on hard courts, makes the Italian a compelling choice to defend his crown once more and complete a hat-trick of Australian Open titles.
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Women’s Australian Open Odds and Contenders
Below are the outright odds for the Australian Open women’s tournament.
| WTA Tennis | | | |
| Aryna Sabalenka | +200 | +200 | +200 |
| Iga Swiatek | +500 | +500 | +500 |
| Coco Gauff | +700 | +700 | +900 |
| Elena Rybakina | +800 | +800 | +800 |
| Amanda Anisimova | +1000 | +1000 | +800 |
| Naomi Osaka | +1600 | +1600 | +1400 |
Aryna Sabalenka (+200)
At just 27, the Belarusian powerhouse is far from fitting any “elder stateswoman” label, yet her résumé already places her among the elite of the modern era. She finished 2025 as the world’s top-ranked player and has collected four Grand Slam titles overall, splitting those victories evenly between the Australian Open and the US Open.
Her bid for a third consecutive Melbourne crown ended in surprise last year when she was eliminated by 19th seed Madison Keys. Even so, she remained a constant presence on the biggest stages, falling short in three of the four majors but still adding another US Open trophy to her collection in 2025. With that pedigree and her proven success on Australian hard courts, she enters the upcoming tournament as the clear favorite to regain the title in Melbourne.
Iga Swiatek (+500)
Still only 24, the Polish star has already built an impressive Grand Slam collection, claiming six major titles despite one notable gap on her résumé. The Australian Open remains the sole Slam she has yet to conquer. During the 2025 season, she captured her maiden Wimbledon crown but saw her Melbourne campaign end at the semi-final stage, where she was beaten by eventual champion Madison Keys.
She closed out 2025 ranked second in the world and enters the new season firmly in the title conversation. With her consistency at the top level and proven ability to win on the biggest stages, she shapes as a serious challenger to Aryna Sabalenka’s hold on the women’s game.
Coco Gauff (+900)
The 21-year-old American has progressed beyond her early status as a teenage prodigy and now looks capable of becoming a long-term standard-bearer for the women’s game. Even so, her 2025 season delivered mixed signals. Her Australian Open run ended at the quarterfinal stage following a loss to 11th seed Paula Badosa, and that setback was followed by a shock first-round exit at Wimbledon against Dayana Yastremska.
A fourth-round defeat to 23rd seed Naomi Osaka at the US Open further highlighted her inconsistency at the majors. However, those disappointments were offset by a standout moment in Paris. At Roland Garros, she produced the performance of her career, defeating world No. 1 Aryna Sabalenka in a three-set final to secure her maiden French Open title and reaffirm her credentials as a future star at the highest level.
Women’s Australian Open Outright Winner Pick
Aryna Sabalenka stands out as the betting favorite for the women’s Australian Open thanks to her proven dominance on Melbourne’s hard courts and her ability to consistently deliver at the biggest events. A two-time champion at the Happy Slam, she combines elite power with an aggressive baseline game that is perfectly suited to the conditions, and her experience of winning multiple majors Down Under gives her a clear edge over her rivals. With her track record in Australia and sustained presence at the top of the rankings, she remains the most reliable outright option in the women’s draw.
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