Skip to content



It’s still a month and a half until the Australian Open, however there is enough liquidity on the Betfair Exchange to cast an eye over a number of players to see who is the early value for the tournament.

Novak Djokovic

The clear favourite for the tournament, and justifiably so. He won the tournament again in 2023, overcoming some injury issues early in the tournament to run away with what was a pretty convincing fortnight in the end. I don’t anticipate Novak shortening too much more on the exchange between now and the start of January, unless there was a spate of injuries to other top names. Not going to back right now, but also not going to lay either.

Carlos Alcaraz

The Spaniard is going to be one of the more intriguing players when it comes to the draw and lead-up to the Austrlaian Open. This is a massive opportunity for Alcaraz, who missed the 2023 edition of the Australian Open, has no January ranking points to defend, which can make him a dangerous prospect. Based on some reporting out of Spain in the back end of September, Alcaraz had an original plan to not play any warm-up tournaments coming into the Australian Open. There is every chance this may change, however Alcaraz has the level and ability to ease his way into a best-of-5 set tournament, and will be a genuine threat for the title. I’ll trade the $4.20 for a small stake, and wait to hear more about his potential path to Melbourne.

Daniil Medvedev

 His best can match it with anyone, however his worst can leave a lot to be desired. Without an eye on the lead-in form for Medvedev, I wouldn’t be backing him below $10 given the quality of this field. Will make for a difficult watch for the fortnight, given his propensity to go for broke on the second serve in many clutch moments.

Jannik Sinner

The major advantage for Sinner this year is that he has made his way into the 4th seed at the very least, meaning he can avoid each of Alcaraz and Djokovic until at least the semi finals. There may be an element of recency bias and a couple of wins over Djokovic (round robin and Davis Cup) which have caused the drop in odds, however I will be keeping a close eye on him over the first couple of weeks of the season. The forecast may play a role here too, as he may be susceptible to extreme heat if forecast early in the tournament. VERY KEEN to monitor.

Rafael Nadal

It feels like a little too much to ask for Nadal to lift the trophy again in Melbourne. He is lacking time on court in a competitive sense, and the high impact of the hardcourt doesn’t not work in his favour this late in his career. It feels like most of his eggs will be going into the Roland Garros basket.

Alexander Zverev

Intriguing prospect at the odds. He looks to have been gradually returning to some form, so may be worth considering as a trading prospect. Has the tools to challenge the top names, and is in much better shape than when we saw him in Melbourne in January.

Holger Rune

Just don’t quite feel he has matured to the level to be able to genuinely consider him in the potential Melbourne conditions. I’d rather wait until closer to the tournament before making a call on Rune. Played an epic with Rublev this year at the AO, however his body let him down.

Stefanos Tsitsipas

It strangely feels as though time is starting to run out for Tsitsipas. I didn’t see enough from him in the late part of 2023 to consider backing him prior to him stepping on court in 2024

Andrey Rublev

Another who finds himself outgunned by the top names, however is worth respecting as a player likely to make the second week. The issue is, he would need Djokovic and/or Alcaraz to falter to have a significant dip in his odds. Prefer others.

Nick Kyrgios

At the time of writing this his wrist is still in a splint. Just the one match in 2023 and it wasn’t overly convincing. Becomes an unseeded floater threat, but feel that’s about it. Every year I write about how difficult it is for Nick to play seven best-of-5 set matches this early in the season on hardcourt, and this year is no exception.


Betting Strategy

BACK (WIN) Carlos Alcaraz

BACK (TO TRADE) Alexander Zverev


It’s still a month and a half until the Australian Open, however there is enough liquidity on the Betfair Exchange to cast an eye over a number of players to see who is the early value for the tournament.

Iga Swiatek

Ended the year like a house on fire, and commands respect. Will she be able to maintain that rage across the extended WTA offseason and hit the ground running in January? I was expecting her to be a little shorter, as at a level near her best, she is near unstoppable. Worth considering, as I don’t see her drifting heavily before the tournament.

Aryna Sabalenka

Sabalenka will feel the pressure as the defending grand slam champion for the first time. It can be a tricky thing, and looking at the current odds, I prefer the odds about some of the other bigger hitters this far out from the tournament.

Elena Rybakina

I will put Rybakina in the same basket as Sabalenka for now. Not keen to back at the price, but also will not be laying. One to consider adding to the portfolio a little closer to the tournament. Has had injury issues in January in the past.

Coco Gauff

I am genuinely fascinated to see what level Gauff will produce in 2024. She has now won a grand slam and that pressure is off, but with it comes new pressure. The higher ranking will help her avoid big names until late in the tournament, and I don’t mind her current price for trading.

Jessica Pegula

honest and relatively consistent, however I fear the names already listed on this article are all likely to have her measure at the pointy end of the tournament. One to monitor, as she was incredibly impressive in the United Cup last year.

Ons Jabeur

has never found her absolute best level here in Melbourne. Will wait and see if she is at 100% fitness to start the season before I jump in.

Karolina Muchova

Honest as the day is long, however I fear that somewhere on the path to the final she is likely to be outgunned. Another I want to keep a close eye on to start the season.

Jelena Ostapenko

One of the WTA giant killers, and a former grand slam winner. The big question mark for Ostapenko is her ability to maintain a level for 7 matches. US Open 2023 is a perfect example – pulls off the upset of Swiatek, only to be obliterated by Gauff. One you want your selections to avoid early in the tournament.


Betting Strategy

BACK (WIN) Iga Swiatek

BACK (WIN) Coco Gauff

Australian Open 2023

The Australian Open is the first of the so-called Grand Slam tournaments on the international tennis calendar and one of the nation’s most popular sports events. Played in Melbourne in late January, the tournament attracts massive crowds on-site. The Australian Open is the highest-attended Grand Slam tournament and at its pre-Covid peak in 2020, drew more than 810,000 fans. Cumulative audiences in the tens of millions watch the action in Australia and internationally via television and streaming services. Punters also love the tournament, with Betfair offering those looking for Australian Open tips a full suite of expert information and analysis on all players and matches and wagering categories aplenty covering all the action during the two-week tournament. 

The event has a rich history. Originally named the Australasian Championships, it was first played in 1905 on grass courts in St Kilda in Melbourne’s inner-south. The tournament moved around Australia for many years and was even played twice in New Zealand until 1972, when the Kooyong Lawn Tennis Club in inner-Melbourne became its home. The Open continued to be played on Kooyong’s grass courts until the late-1980s, when a larger and more modern facility was opened near the MCG in the city’s sporting precinct. The 1988 move to what is now known as Melbourne Park also came with a permanent January spot on the calendar and a shift from grass to hard courts.

As a Grand Slam tournament, the Australian Open features the full range of events: men’s and women’s singles, men’s and women’s doubles, mixed doubles, and wheelchair and junior events. Fields for the singles events feature 128 players, with seven victories required for a player to be crowned singles champion. With tennis generally in recess in November and December while players are on a break, form can be hard to gauge leading into the Australian Open, which is preceded by only handful of smaller warm-up events in Australia and abroad. The lack of exposed form at that time of the year and uncertainty over the preparation and fitness status of some players, often including some of the biggest names in the sport, means it is imperative that bettors closely follow the latest news provided by Betfair’s tennis experts, as well the data-driven analysis designed to help with tennis tips and betting strategies.

Since the move to Melbourne Park in 1988, international players have dominated both the men’s and women’s singles events. On the men’s side eight players have won multiple titles, led by Serbian Novak Djokovic (with a record nine), Swiss Roger Federer (six) and American Andre Agassi (four). It’s been a similar tale on the women’s side, with seven players capturing the tournament at least twice in that time including American Serena Williams (six times) and German Steffi Graf and Yugoslav-turned-American Monica Seles (four apiece). 

Until Ash Barty’s popular victory over American Danielle Collins in the 2022 women’s singles final, no Australian had won the Australian Open singles since 1978 when Chris O’Neal won the women’s crown. Barty shocked the tennis world soon after her victory when she announced her retirement from the game. Mark Edmondson (1976) remains the last local winner of the men’s title. Aussies Thanasi Kokkinakis and Nick Kyrgios took the men’s double title in 2022. Barty and the Kokkinakis-Kyrgios team attracted a wave of interest from bettors during the 2022 tournament. Betfair’s tennis experts were all over the Aussies’ form and prospects as they made their way through their respective draws and the unique, data-rich information they compiled helped punters with their Aus Open tips.

For the 2023 tournament, Betfair is again framing multiple markets with bettors able to wager on all matches. Punters can consider backing specific players head-or-head, for example, or focus on set-related betting. They also can place considerations while matches are being played. Betfair, Australia’s largest betting exchange, also offers bettors the chance to back or lay an outcome.

For all the latest expert news and information and up-to-the-minute data analysis from tennis experts including Australian Open tips and unique betting strategies, sign up to Betfair today.