Australian Open Odds 2026: Sinner, Sabalenka Lead the Way
Jannik Sinner and Aryna Sabalenka have been the Australian Open odds favorites for the entirety of the year thus far, positions they'll likely retain until the first major of the season starts on Jan. 25.
Carlos Alcaraz and Iga Swiatek are, as usual, the closest to their primary competitors. Sabalenka lost in the final last year to Madison Keys, while Sinner handled Alexander Zverev in straight sets.
🏆 Australian Open men's odds 2026
The odds below are from FanDuel, one of our best sports betting sites.
| Player | FanDuel | Implied probability | Profit ($10 bet) |
|---|---|---|---|
| Jannik Sinner | -110 | 52.38% | $9.09 |
| Carlos Alcaraz | +150 | 40% | $15 |
| Novak Djokovic | +1300 | 7.14% | $130 |
| Alexander Zverev | +1900 | 5% | $190 |
| Daniil Medvedev | +2200 | 4.35% | $220 |
| Jack Draper | +3500 | 2.78% | $350 |
| Taylor Fritz | +4000 | 2.44% | $400 |
| Alex de Minaur | +5500 | 1.79% | $550 |
| Ben Shelton | +5500 | 1.79% | $550 |
| Joao Fonseca | +5500 | 1.79% | $550 |
🏆 Australian Open women's odds 2026
| Player | FanDuel | Implied probability | Profit ($10 bet) |
|---|---|---|---|
| Aryna Sabalenka | +200 | 33.33% | $20 |
| Iga Swiatek | +440 | 18.52% | $44 |
| Coco Gauff | +750 | 11.76% | $75 |
| Elena Rybakina | +750 | 11.76% | $75 |
| Mirra Andreeva | +950 | 9.52% | $95 |
| Madison Keys | +1200 | 7.69% | $120 |
| Amanda Anisimova | +1200 | 7.69% | $120 |
| Naomi Osaka | +1600 | 5.88% | $160 |
| Qinwen Zheng | +2500 | 3.85% | $250 |
| Karolina Muchova | +3000 | 3.23% | $300 |
📜 Australian Open odds history
Odds prior to the start of Round 1.
| Year | Men's winner (odds) | Women's winner (odds) |
|---|---|---|
| 2025 | Jannik Sinner (+120) | Madison Keys (+3300) |
| 2024 | Jannik Sinner (+500) | Aryna Sabalenka (+450) |
| 2023 | Novak Djokovic (-120) | Aryna Sabalenka (+700) |
| 2022 | Rafael Nadal (+550) | Ashleigh Barty (+275) |
| 2021 | Novak Djokovic (+130) | Naomi Osaka (+550) |
| 2020 | Novak Djokovic (+120) | Sofia Kenin (+6600) |
| 2019 | Novak Djokovic (+120) | Naomi Osaka (+1325) |
| 2018 | Roger Federer (+195) | Caroline Wozniacki (+1000) |
| 2017 | Roger Federer (+2500) | Serena Williams (+335) |
| 2016 | Novak Djokovic (-145) | Angelique Kerber (+3300) |
| 2015 | Novak Djokovic (-105) | Serena Williams (+275) |
Australian Open FAQs
Who are the 2026 Australian Open favorites?
Jannik Sinner is the men's favorite, trading at -110 at FanDuel. Those odds imply a 52.38% win probability. Aryna Sabalenka is the front-runner on the women's side. Her odds sit at +200, carrying an implied probability of 33.33%, according to our odds calculator.
Who won the 2025 Australian Open?
Sinner won the 2025 men's Australian Open over Alexander Zverev, and Madison Keys beat Aryna Sabalenka in the final on the women's side. It was Keys' first Grand Slam victory.
When is the 2026 Australian Open?
The 2026 Australian Open will take place from Sunday, Jan. 18 to Sunday, Feb. 1.
Where is the 2026 Australian Open?
The Australian Open will be played at Melbourne Park in Melbourne, Australia.
When do the 2026 Australian Open knockout rounds begin?
The fourth round takes place on Jan. 25 and Jan. 26. The quarterfinals take place on Jan. 27 and Jan. 28, and the semifinals take place on Jan. 29 and Jan. 30.
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