The 2026 Australian Open returns to Melbourne Park from January 12 to February 1. Following a week of qualifying and fan events, the main draw officially commences on Sunday, January 18, with daily sessions beginning at 11:00 AM and night sessions at 7:00 PM.
This 114th edition features a record $111.5 million prize pool. The tournament culminates with the Women’s Final on Saturday, January 31, and the Men’s Final on Sunday, February 1.
Odds for betting on the Australian Open are available now, with futures lines that rank the top players in order of most to least likely to win.
Women’s Singles: Keys Defends Amidst a Power Struggle
The women’s draw is defined by Madison Keys’ stunning title defense. Last year, Keys made history as the oldest first-time Grand Slam winner at the Australian Open, upsetting Aryna Sabalenka in a thrilling final.
While Keys loves the Australian summer, winning 12 consecutive matches in the region last year, she faces a monumental task in holding off a motivated field. Sabalenka, the world number one and 2024 champion, is the favorite at tennis sportsbooks and is looking to avenge her “shock” loss from 12 months ago and re-establish her dominance on hard courts.
Challenging the established order is the 18-year-old sensation Mirra Andreeva, who has already proven she can topple giants on the big stage. Meanwhile, Iga Świątek enters Melbourne determined to break her semi-final hoodoo and add an Australian trophy to her decorated cabinet.
With world number five Amanda Anisimova also finding peak form, the women’s tournament is wide open, offering a compelling mix of veteran resilience and teenage fearlessness.
Women’s Australian Open 2026
- Aryna Sabalenka +200
- Iga Swiatek +400
- Coco Gauff +700
- Elena Rybakina +800
- Amanda Anisimova +1000
- Madison Keys +1400
- Naomi Osaka +1400
- Qinwen Zheng +2200
- Jessica Pegula +3300
- Karolina Muchova +3300
- Victoria Mboko +3300
- Barbora Krejcikova +5000
- Elina Svitolina +5000
- Emma Raducanu +5000
- Jasmine Paolini +5000
- Leylah Fernandez +5000
Men’s Singles: Sinner’s Quest for a Three-Peat
All eyes are on world number two Jannik Sinner, who enters Melbourne as the man to beat. The Italian has transformed Rod Laver Arena into his personal fortress, having claimed the title in both 2024 and 2025.
A third consecutive victory would cement Sinner as one of the most dominant hard-court players of the modern era. However, the road to a “three-peat” is fraught with peril, most notably in the form of world number one Carlos Alcaraz.
The Spaniard, who shared the last three Grand Slam finals with Sinner, is eager to reclaim the Australian crown and continue their burgeoning rivalry. Sinner and Alcaraz are separated by 55 points in the overall moneyline odds.
Beyond the top two, the field is deep with resurgent talent. Felix Auger-Aliassime arrives with renewed momentum after a strong 2025, while American Ben Shelton is being touted as a dark horse due to a serve-and-forehand combination tailor-made for these fast courts.
With local favorite Alex de Minaur leading the Australian charge, the men’s draw promises a high-octane battle for supremacy.
Men’s Australian Open 2026
- Jannik Sinner -105
- Carlos Alcaraz +150
- Novak Djokovic +1400
- Alexander Zverev +2200
- Daniil Medvedev +3000
- Ben Shelton +4000
- Taylor Fritz +4000
- Alex de Minaur +5000
- Holger Rune +5000
- Joao Fonseca +5000
- Felix Auger Aliassime +6600
- Andrey Rublev +8000
- Jakub Mensik +8000
- Tommy Paul +8000
Bovada Sportsbook (review) | Barron’s
