Tennis

Australian Open Predictions, Picks And Odds 2023

A guide to betting on the 2023 Australian Open tennis, including predictions, tips, latest odds and favourites to win

By James McMath

10 Jan 2023

The Australian Open is one of the most famous tennis tournaments in the world, and it’s no surprise that you wish to bet on it.


Played every January at the height of the (Australian) summer, the tournament is the first of the four annual Grand Slam tennis events.


The Australian Open features men’s and women’s singles, along with gendered doubles, mixed doubles, junior’s, wheelchair, legends, and exhibition events. As far as betting goes, the men’s and women’s singles are by-far the most popular and talked-about categories.


If you’re keen to start betting on this historic tournament, then we hope this guide helps build your confidence and clear up any questions you may have.


Without further ado, let’s jump right in and discuss how to best bet on the Australian Open. Odds are correct at the time of publishing.


Australia Open 2023 Odds - Who’s Favourite?

Men’s Tournament Odds

Novak Djokovic has won the Australian Open nine times and had won three in a row from 2019 to 2021. He did not play in the 2022 tournament having not received a Covid-19 vaccine.


However, this year the Serb will be in Melbourne and is strong favourite to make it 10 titles. The odds on Djokovic winning the 2023 Australian Open are 4/5. Last year’s runner Daniel Medvedev is second favourite at 9/2, the same price as Carlos Alcaraz. Defending champ Rafael Nadal is 10/1 while Aussie Nick Kyrigos is 11/1.


Women’s Tournament Odds

World number one Iga Swiatek is a strong favourite to win the Australian Open women’s title, with betting odds of 8/5, ahead of Caroline Garcia at 9/1 and Aryna Sabalenka at 11/1.


Polish 21-year-old Swiatek has been described as having “no weaknesses” and had a 2022 to remember, winning eight WTA tournaments, including the French Open and US Open.


No player could match Swiatek’s records for finals reached, trophies won and matches won in 2022. She went on a 37-match winning streak and was victorious in six consecutive tournaments.


With last year’s champion Ashleigh Barty retired, the field has opened up somewhat. Two-time champion Naomi Osaka is available at 14/1, while rising star Cori Gauff is available at the same odds.


Full Australian Open outright odds.


Australian Open 2023 Dates

The main draw for the Australian Open 2023 starts on 16 January, with the women's final on 28 January and the men's final on 29 January.


If you're making Australian Open predictions, you're going to want to follow the action.


The Australian Open 2023 schedule:

  • Monday 16 January 16: Men’s and women’s first-round singles matches
  • Tuesday 17 January 17: Men’s and women’s first-round singles matches
  • Wednesday 18 January: Men’s and women’s second-round singles matches
  • Thursday 19 January: Men’s and women’s second-round singles matches
  • Friday 20 January: Men’s and women’s third-round singles matches
  • Saturday 21 January: Men’s and women’s third-round singles matches
  • Sunday 22 January: Men’s and women’s fourth-round singles matches
  • Monday 23 January: Men’s and women’s fourth-round singles matches
  • Tuesday 24 January: Men’s and women’s singles quarter-finals
  • Wednesday 25 January: Men’s and women’s singles quarter-finals
  • Thursday 26 January: Women’s singles semi-finals
  • Friday 27 January: Men’s singles semi-finals
  • Saturday 28 January: Women’s singles final, men’s doubles final
  • Sunday 29 January: Men’s singles final, women’s double final

How To Bet On The Australian Open

Decide Where You’re Going To Place Your Bet

The Australian Open has several categories and it would be foolish to try and bet on all of them at the same time.


Aim for quality over quantity of bets and make sure your predictions focus on one area. Most punters focus their bets on either the men’s or women’s singles titles, and this is where you’ll find a lot of the helpful statistical guides.


You may wish to bet on gendered or mixed doubles instead. Before you start betting, though, it’s vital you pick your preferred category.


Look At The Past Winners

Certain players perform better at specific tournaments than others. One great way of knowing who’ll likely go far in the Australian Open is to look at who’s won it in the past.


Djokovic and Nadal have dominated the men’s tournament in recent years, with the former winning three in a row between 2019 and 2021.


The women’s edition has been a little bit harder to predict. Serena Williams held a long grasp over the trophy, however her dominance hasn’t been duplicated since her retirement in 2022.


Familiarise Yourself

You won’t be a solid Australian Open bettor if you don’t watch the competition. It sounds simple, but studying the tournament prior to betting will give an unrivaled understanding on how it operates.


By watching, you’ll pick up on the intricacies and facets of the game that you can’t learn from hard data. Certain players’ styles are more suited to tournament play than others, seemingly getting better and better as the stakes get higher.


It’s always best to bet on the player with more ‘big game’ experience - even if they’re not as skilled on-paper. With the whole world watching and huge prize money at stake, marginal advantages become that much more important.


Look At The Data

As important as the intangibles are, there’ll always be a place for statistical data when it comes to Australian Open betting.


Australian Open Statistical Trends 2012-22 (Men)

If we look at the statistical trends of the men’s Australian Open, we find that:


  • The world number one won the title in five out of these ten years
  • Eight out of these ten winners were within the top 5 world rankings
  • The ten runners-up were within the top 9 world rankings

As helpful as this data is, it’s important to note that the men’s Australian Open data is slightly skewed due to the prominence of Nadal and Djokovic. It still, however, is worth noting.


Australian Open Statistical Trends 2012-22 (Women)

The women’s edition of the Australian Open has, over the last decade, proved a little harder to predict due to the absence of a hegemonic winner, but it’s still worth noting that only one of the winners in this ten-year span has hailed from outside the ranked top-six.


Australian Open Betting Markets

The next step of the Australian Open betting strategy is to decide on the betting markets you’re going to use. Like all tennis tournaments, there are plenty of exciting markets available no matter what your experience level is.


Outright Winner

The simplest and most popular market in this competition is, of course, the outright winner market - where the punter predicts who’ll win the entire tournament.


As straightforward as this betting market is on-paper, making accurate predictions in who’ll emerge victorious is a skill in itself.


You’ll need to be deeply familiar with players’ styles, tournament experience, and rankings to make well-educated predictions. Odds in this market are fairly generous, making the outright winner market a popular one with casual and experienced bettors alike.


Set Betting

Set betting can have large payouts, but it shouldn’t be approached nonchalantly.


The punter is, in essence, betting on two outcomes - the winner of the entire match, as well as the winner of the individual sets. Payouts can be very generous, but the market is innately risky and should only be approached if you really know your stuff and have watched a hefty amount of Australian Open tennis.


Over/Under Betting

The over/under betting market is a common sight in tennis betting, and the Australian Open is no exception.


This betting market will require you to predict whether a game will go either over or under a certain number of sets determined by the bookmaker.


Live In-Play Tennis Betting

In-play tennis betting is a pulsating experience, but it’s perhaps best reserved for highly experienced punters.


The odds of a tournament tennis match can ebb and flow after every point, something that is particularly important in the latter stages of a major tournament.


Australian Open Betting Summary

The Australian Open is one of the biggest tennis tournaments in the world, and making predictions and placing bets should be approached with planning and data in mind. Once you’ve decided on your category, it’s essential that you only make bets based on research and statistical trends, as well as sticking to betting markets reflecting your experience level.


Always remember that betting should be a fun experience and if you feel yourself getting stressed or overwhelmed, there’s nothing wrong with taking a break and enjoying the Australian Open purely as a fan.

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