2021 Australian Open Odds Favor Novak Djokovic and Naomi Osaka

  • BetOnline and Bovada have odds on the Men’s and Women’s 2021 Australian Open
  • Novak Djokovic (+125) is heavy chalk to win his 18th-career Grand Slam title
  • 2019 champion Naomi Osaka (+550) is the favorite in the women’s singles draw

After being pushed back three weeks to give players adequate time to quarantine, the 2021 Australian Open will begin on Monday, February 8th.

With the world’s top tennis stars hitting the Melbourne hardcourt for the first Grand Slam of the season, let’s check the latest tournament odds for both the Men’s and Women’s draws, detailing the Australian Open favorites. 

Men’s Australian Open 2021 Odds

Djokovic chasing greatness

After initially quibbling with the event’s quarantine demands, world No.1 Novak Djokovic (+125) is looking to add a record-extending ninth Australian Open men’s title and pull ever closer to Roger Federer and Rafael Nadal’s record of 20 grand slam singles titles. The Djokovic odds to win the Australian Open look very favorable, with a high chance the Serbian will retain the title.

The 33-year-old Serbian is sitting at 17 career Grand Slams, but given he’s younger and in better health than his two rivals, should have a clear runway to the record if he can hoist his third-straight trophy at Rod Laver Arena.

The 39-year-old Federer is still on the mend from two knee injuries and won’t return to action until March while the 34-year-old Nadal (+550) just pulled out of an ATP Cup event with a sore back and hasn’t won an Australian Open since 2009.


World No. 3 Dominic Thiem (+500) captured his first grand slam title at the 2020 US Open, but the Austrian didn’t look on top of his game in his ATP Cup opener on Tuesday, suffering a 6-2 6-4 defeat to Italy’s Matteo Berrettini. Like Thiem, Daniil Medvedev (+550) has won three of his past four head-to-head matchups with Djokovic, so the big Russian could win his first major if his serve is working at full steam.

If you’re looking for value, Alexander Zverev (+1600) reached the final of the 2020 US Open and the semi-final of the 2020 Australian Open, only be be foiled by Thiem both times. The 23-year-old German could be poised to finally break through down under.The Pick: Alexander Zverev (+1600 at Bovada)

Novak Djokovicto win Australian Open
+125
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Alexander Zverevto win Australian Open
+1600
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Women’s Australian Open 2021 Odds

Naomi Osaka aims for 4th major

Where Djokovic has dominated the men’s draw over the past decade, there have been eight different Australian Open women’s champions since 2011. Naomi Osaka (+550) is one of the Australian Open 2021 favorites this year after winning the event in 2019 and reigning victorious in the 2020 US Open. Although, as it stands, she may still bow out early at the Australian Open. She extended her 12-match winning streak in a WTA tune-up on Tuesday, however, the 15-match winning streak of Aryna Sabalenka (+850) came to an end at the same event.

The young Belarusian had been red-hot, winning three straight titles, but she has yet to reach the quarterfinals of a major. World No.1 Ashleigh Barty (+850) will be playing her first competitive tennis in a year, which could give the native Australian an advantage given she won’t be required to quarantine like the other competitors.

Coming off an Achilles injury, Serena Williams (+900) said she probably wouldn’t have played in the Australian Open had it not been delayed three weeks. The 23-time grand slam champion hopes to match Margaret Court’s record of 24, but the 39-year-old hasn’t won a major in four years. The Pick: Naomi Osaka (+550 at BetOnline)

Naomi Osakato win Australian Open
+550
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Steve Dominey

Steve has almost 15 years of experience in marketing, PR and sports television. After acquiring a Journalism degree from Carleton University, he assembled highlight packs for Canada's most-watched sports network (TSN) before transitioning to a career in communications. He describes himself as a good father, great dog owner, and mediocre gambler and husband.