The Australian Open once again opens the tennis season with elite talent, fast courts and high-stakes betting opportunities. With the men’s game currently dominated by a new generation, but with one legendary name still looming, the outright market for Melbourne Park offers both short-priced favourites and intriguing long-shot value.
ALSO READ: US Open 2025: Sabalenka & Alcaraz Crowned Champions at Flushing Meadows.
From proven Grand Slam winners to players peaking at the right time, we break down the outright odds, form trends and what they mean for bettors looking to back the 2026 champion.
Tournament Overview: What Matters for Outright Bets
The Australian Open is traditionally one of the most physically demanding majors. Played in extreme heat on hard courts, it rewards:
- Elite baseline consistency
- Strong serving under pressure
- Fitness and recovery across two weeks
- Experience in long best-of-five matches
Historically, Melbourne has favoured players who start quickly, handle heat well, and avoid early five-set battles, key factors when assessing outright value.
Favourites to Win the Australian Open
Sinner’s and Alcaraz’s odds, recent form, and playing style all factor into how likely they are to handle the unique demands of the Australian Open and endure a gruelling fortnight of high-intensity tennis.
Jannik Sinner – 1.87
Sinner enters Melbourne as the clear market favourite, and for good reason. His dominance on hard courts over the past 12 months, combined with improved physical durability and clutch serving, makes him ideally suited to Australian Open conditions.
He has consistently gone deep in majors, handles high temperatures well, and rarely drops focus over long matches. At 1.87 odds, the price reflects his current status as the man to beat, offering lower risk, but limited upside.
Bet on Jannik Sinner to win the Australian Open at 1.87.
Carlos Alcaraz – 2.59
Alcaraz remains Sinner’s biggest challenger in the market. His athleticism, shot variety and fearless mentality make him dangerous on any surface, though Melbourne has historically been less forgiving than clay or slower hard courts.
If Alcaraz’s serve holds up consistently and he avoids marathon early rounds, he has every chance to lift the trophy. The odds reflect belief in his upside, but also the physical toll his explosive style can take.
Bet on Carlos Alcaraz to win the US Open at 2.59.
Experience vs The New Guard
Players in this category bring significant tournament pedigree or specific skills that can defy longer odds. Their performances often hinge on moments of brilliance or tactical savvy rather than outright dominance.
Novak Djokovic – 12.50
Djokovic’s price is eye-catching given his history in Melbourne. The multiple-time champion knows how to peak here better than anyone, but age, fitness management and recent schedule disruptions have pushed him out of the top tier of favourites.
If fully fit, Djokovic remains a nightmare matchup for anyone. At double-digit odds, this is a classic high-risk, high-reward play.
Bet on Novak Djokovic to win the Australian Open at 12.50.
Outsiders With Upside
Zverev and Medvedev have the talent to upset the favourite list. Their odds sit higher, but their games, if everything clicks, can produce deep runs or big upsets that offer excellent value.
Alexander Zverev – 20.00
Zverev continues to flatter without delivering at Grand Slam level. While his serve and baseline game suit hard courts, his mental fragility in pressure matches remains a concern.
A kind draw could see him reach the latter stages, but winning seven best-of-five matches remains a big ask.
Bet on Alexander Zverev to win the Australian Open at 20.00.
Daniil Medvedev – 21.00
Medvedev’s odds reflect his recent inconsistency rather than his ability. His flat hitting and defensive style have previously worked well in Australia, but current form and confidence issues explain the drift.
Lwanele is the Content Manager for BetJets News and has dedicated six years to creating top-notch sports betting content for major bookmakers, establishing himself as a trusted source for betting advice. As the resident tipster for TAB’s popular TV show Racing Today, he specialises in cricket, MMA, and soccer betting. Known for his keen analysis and practical tips, Lwanele provides BetJets readers with the tools they need to approach betting with confidence and strategy.
