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2023 Australian Open Winner Betting Odds - Who will be the champion in Melbourne?

  • The 2023 Australian Open will start on January 16th.
  • The tournament will run through until January 29th.
  • Who will be the men's and women's champions?
Ashleigh Barty
Ashleigh Barty is the reigning Australian Open Women's champion. (Photo by Clive Brunskill/Getty Images)
Ben Darvill 13 Jun 2022
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The 2023 Australian Open will once again give players the chance to battle for supremacy in the blistering sun of Australia. The tournament is a favourite amongst many tennis fans and bettors, and it constitutes the first Gran Slam of the new tennis year. 

In 2022, it was Rafael Nadal that was able to lift the men's trophy following yet another enthralling tournament. An exceptionally entertaining 2-6, 6-7, 6-4, 6-4, 7-5 win over Daniil Medvedev gave tennis fans everything they wanted and more from the final. The fact the Spaniard was able to rally from two sets to love down to defeat his opponent was something that showcased the truly extraordinary talent that Nadal possesses. 

Despite this victory, the second in Australia for Nadal, it is actually Novak Djokovic who is the favourite to win the competition. The Serbian boasts nine titles at the Australia Open, the most of any male player. Djokovic is therefore considered the favourite at $2.63 with Ladbrokes.

However, Djokovic is not expected to have it all his own way, with last year's beaten finalist Medvedev in at $3.75. The close proximity of the first and second favourites shows that the bookies are finding it tough to warrant Djokovic as the overwhelming favourite, something he is used to being. 

Away from the pair, you can back Carlos Alcaraz at $5.00, reigning champion Nadal at $7.00, while Alexander Zverev ($9.00), Stefanos Tsitsipas ($11.00), Dominic Thiem ($13.00), and Roger Federer ($29.00) are other names that will have some money put behind them. 

The state of the men's tennis circuit right now sees a far more competitive field than we are used to seeing in recent decades. The likes of Djokovic, Nadal and Federer have had it all their own way over the last 20 years, so it is refreshing to see such a competitive field for the Australian Open winner. 

On the women's side of the draw, things are equally as competitive, with what should be yet another enthralling tournament. 

Indeed, the excitement of the women's Australian Open was encapsulated last year, as Ashleigh Barty delighted her home fans as she battled to a 6-3, 7-6 win over American Danielle Collins to lift the trophy.

However, reigning-champion Barty has since decided to retire from tennis, meaning that the major favourite is no longer in the running. 

This has seen Iga Swiatek installed as the favourite at $3.00. Naomi Osaka is available at $7.00, with Simona Halep ($11.00), Anett Kontaveiit ($13.00), US Open champion Emma Raducanu ($15.00) and Paula Badosa (also $15.00) among the favourites. 

Both sides of the draw provide a lot of value when backing some truly world-class talent. As the tournament creeps closer, the question will always be whether the favourites can warrant their shorter prices, or if an outsider will come in and help bettors to make big profits. 

2023 Men's Australian Open Winner
Novak Djokovic$2.63
Daniil Medvedev$3.75
Carlos Alcaraz$5.00
Rafael Nadal$7.00
Alexander Zverev$9.00
Stefanos Tsitsipas$11.00
Dominic Thiem$13.00
Roger Federer$29.00

Odds from Ladbrokes. Correct at 13/06/2022 

2023 Women's Australian Open Winner
Iga Swiatek$3.00
Naomi Osaka$7.00
Simona Halep$11.00
Anett Kontaveit$13.00
Emma Raducanu$15.00
Paula Badosa$15.00
Aryna Sabalenka$17.00

Odds from Ladbrokes. Correct at 13/06/2022 

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