Australian Open 2024: How to Bet on the Tournament

The 2024 Australian Open is right around the corner. Between January 14 and January 28, the world’s best tennis players will battle it out in Melbourne for the first major honors of the year. 

Novak Djokovic won a record-extending 10th Australian Open men’s singles title last year, while Aryna Sabalenka clinched the women’s singles crown. Will Djokovic reign supreme once again? Can Sabalenka defend her title? 

If you’re planning to bet on the 2024 Australian Open, we’ve got you covered. In this guide, we check out the latest odds, share some expert betting tips, and predict who will win the biggest titles Down Under. 

2024 Australian Open Odds 

Let’s begin by assessing the current 2024 Australian Open odds for the men’s singles and women’s singles. Once you’re up to speed on the bookies’ prices, we’ll reveal our top Australian Open betting tips and strategies. 


  • Novak Djokovic (+110) 
  • Carlos Alcaraz (+240) 
  • Daniil Medvedev (+450) 
  • Jannik Sinner (+800) 
  • Rafael Nadal (+1600) 
  • Nick Kyrgios (+1800) 
  • Stefanos Tsitsipas (+1800) 
  • Alexander Zverev (+2000) 
  • Ben Shelton (+2500) 
  • Casper Ruud (+2500) 

After winning four of the previous five Australian Open titles, Novak Djokovic is the obvious favorite to secure the men’s singles crown in 2024. Djokovic is the undisputed king of Melbourne Park, having claimed a whopping 10 titles since 2008. 

Carlos Alcaraz is seen as Djokovic’s closest challenger, as the 20-year-old Spaniard already has two major titles to his name. Following back-to-back Australian Open final defeats in 2021 and 2022, Daniil Medvedev is the bookies’ third favorite. 


  • Iga Swiatek (+300) 
  • Aryna Sabalenka (+500) 
  • Elena Rybakina (+600) 
  • Coco Gauff (+1000) 
  • Jessica Pegula (+1000) 
  • Caroline Garcia (+1600) 
  • Simona Halep (+1600) 
  • Ons Jabeur (+1800) 
  • Belinda Bencic (+2200) 
  • Maria Sakkari (+2200) 

Although Aryna Sabalenka triumphed at the 2023 Australian Open, Iga Swiatek is the favorite to win the women’s singles title in 2024. Swiatek already has four major titles under her belt, putting her in pole position for further success. 

After losing last year’s final to Sabalenka, Elena Rybakina is the bookies’ third favorite this time around. It is also worth noting that Simona Halep reached the 2018 Australian Open final, making her an intriguing outside bet at +1600. 

Australian Open Betting Tips & Strategies 

It’s all well and good to familiarize yourself with the favorites and their odds, but you need to have a strategy in place if you’re serious about enjoying a profitable Australian Open betting experience. 

Have you ever considered the court surface before betting on tennis? Are you up to date with all the latest form and fitness news? Do you know about head-to-head records? All of these factors can have a significant impact on how you place your bets. 

Of course, you could simply trust the bookies and back the favorites, but it’s important to remember that upsets occur in every major tournament. With that in mind, we recommend going over our expert Australian Open betting tips. 

Don’t miss out on our valuable tennis betting insights. Explore our blog post titled “5 Important Tips for Betting on Tennis” for expert advice.

Study the History Books 

First, it makes sense to look at the recent Australian Open champions. Although we just mentioned that upsets happen during each major tournament, there is no denying that certain players enjoy the Australian Open more than others. 


  • 2023: Novak Djokovic 
  • 2022: Rafael Nadal 
  • 2021: Novak Djokovic 
  • 2020: Novak Djokovic 
  • 2019: Novak Djokovic 
  • 2018: Roger Federer 
  • 2017: Roger Federer 
  • 2016: Novak Djokovic 
  • 2015: Novak Djokovic 
  • 2014: Stan Wawrinka 

Not only has Djokovic won four of the last five men’s singles titles, but he has also won six of the previous nine. When you look at the bigger picture, the 36-year-old has won 10 of the 16 titles since 2008. 

It is also worth pointing out that Djokovic has never lost an Australian Open final. Roger Federer claimed six titles between 2004 and 2018, but Djokovic’s record at Melbourne Park dwarfs Federer’s achievements. 


  • 2023: Aryna Sabalenka 
  • 2022: Ashleigh Barty 
  • 2021: Naomi Osaka 
  • 2020: Sofia Kenin 
  • 2019: Naomi Osaka 
  • 2018: Carolina Wozniacki 
  • 2017: Serena Williams 
  • 2016: Angelique Kerber 
  • 2015: Serena Williams 
  • 2014: Li Na 

As you can see, the women’s singles tournament has been much more competitive than the men’s. Only two players – Serena Williams and Naomi Osaka – have won two titles in the past 10 years, and no player has secured back-to-back triumphs. 

Consider the Court Surface 

The playing surface often has a huge impact on the outcome of a tennis match. With a range of different hard courts, clay courts, and grass courts on the ATP and WTA circuits, it can be difficult to predict which players will perform better. 

Since 2008, the Australian Open has been played on Plexicushion, which is a mixture of rubber and acrylic. The composition is different from most other hard courts, including the courts for the US Open. 

Plexicushion produces a consistent and predictable bounce, but the surface has a low bounce and grip. Since shot control can be tricky on this type of surface, the Australian Open typically favors experienced players who possess elite shot control. 

With 10 Australian Open titles and four US Open titles to his name, Djokovic is widely regarded as the greatest hard-court player of all time. As for Swiatek, three of her four major titles have come at the French Open, indicating her preference for clay courts. 

Australian Open
In a noteworthy development, the Australian Open released its official entry list for the men’s and women’s singles, and one conspicuous absence was the absence of Nick Kyrgios.

Check Form & Fitness Updates 

Keeping a close eye on players’ form and fitness in the lead-up to a tournament is always beneficial for bettors. Sure, the bookies’ odds are a great indicator, but you need to dive deeper into the background. 

If one of the favorites is struggling for form in a warm-up tournament, it may be wise to steer clear of that player when betting on the Australian Open. On the flip side, if an underdog is performing well before the big event, why not take advantage of their high odds? 

Thanks to the huge number of useful websites out there, it has never been easier to track a player’s form and fitness. For that reason, there is no excuse when it comes to carrying out research. 

Examine Head-to-Head Records 

Another factor to consider when betting on the Australian Open is head-to-head records. Studying results from past matches can give you a good indication of what might happen when the same two players face off again. 

Certain players enjoy coming up against specific opponents, while others struggle against certain styles. Even the best players have matchups that don’t favor their style, so it’s important to recognize these trends to help you find value in the odds. 

Ultimately, players have to go through multiple rounds to reach the latter stages of the Australian Open. Since there are lots of potential opponents, we recommend studying head-to-head records to gain an edge on the bookies. 

Who Will Triumph at the 2024 Australian Open? 

At the end of the day, it’s extremely difficult to look past Djokovic when it comes to predicting the winner of the men’s singles tournament. The legendary Serb has dominated the Australian Open for the best part of two decades and has won four of the previous five titles. 

Guys like Alcaraz and Medvedev have the potential to outperform Djokovic, but the experienced 36-year-old knows exactly what it takes to go all the way at Melbourne Park. 

As for the women’s singles tournament, we like the look of the defending champion, Sabalenka. After winning the 2023 Australian Open, Sabalenka reached the final of the US Open, highlighting her prowess on hard courts. 

Swiatek may be the bookies’ favorite, but the four-time major winner has never made it past the semifinals at the Australian Open, saving her best performances for the French Open clay courts. 

Be sure to stick with Sports Hub for more tennis content. Our team of experts consistently covers all the key aspects of the sport, from news and updates to predictions and picks.

About the Author
Kyle Parker
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Kyle is an in-house Sports Hub handicapper that specializes in soccer, but with his 25+ years of experience as a bookie, he knows how to identify sharp action across all sports for his clients to tail. Whether it’s the NFL and CFL or NBA and WNBA, Kyle finds consistent value. Kyle provides Sports Hub readers with easy to follow soccer insights from several of the biggest soccer competitions, including the Premier League, MLS, NWSL, CONCACAF and World Cup. Gain an edge and dominate your bookie with Kyle’s soccer predictions, previews, recaps, statistical analysis and breaking news (starting lineups, formations, injuries, etc.).