Australian Open 2026 Odds: How to Bet on the Australian Open

The first Grand Slam of the year returns to Melbourne Park as the 2026 Australian Open runs from January 18 to February 1, 2026, delivering two weeks of elite tennis under the Australian summer sun.

With defending champions Jannik Sinner and Madison Keys back in the draw, plus top seeds like Carlos Alcaraz, Aryna Sabalenka, and Novak Djokovic, this year’s tournament is loaded with betting opportunities across outrights, match lines, props, and live markets.

Sportsbooks have already posted updated futures odds, and new users can stack the action with major welcome bonuses from DraftKings, BetMGM, FanDuel, and Bet365.

Below is your complete guide to betting the Australian Open - including odds, promos, schedule, and how to watch.

How to Claim the DraftKings Promo: Bet $5, Get $300 (If Your Bet Wins)

Here’s how to claim the DraftKings offer ahead of the Australian Open!

Step One: CLICK HERE or head to DraftKings and register a new account.

Step Two: Deposit $5 or more into your DraftKings account.

Step Three: Place a $5 bet on any Tennis market at minimum odds of –500 or longer.

Step Four: If your wager wins, you’ll receive $300 in Bonus Bets instantly.

FanDuel Promo – Bet $5, Get $300

Here’s how to unlock FanDuel’s welcome offer for the first tennis grand slam of 2026!

Step One: CLICK HERE or visit FanDuel Sportsbook and register a new account.

Step Two: Deposit at least $5.

Step Three: Wager $5 on any Australian Open market.

Step Four: If your wager wins, FanDuel will issue $300 in Bonus Bets.

Bet365 Promo – $200 Bonus Using Code ‘CHECK’

Here’s how to redeem the Bet365 offer for the Australian Open.

Step One: CLICK HERE or go to Bet365’s website and ensure you qualify (new-customer only).

Step Two: Register a new Bet365 account using code 'CHECK'.

Step Three: Deposit $10, then wager $5 on any Australian Open market.

Step Four: Whether your wager wins or loses, Bet365 credits $200 in bonus bets.

BetMGM: Bet $10, Get $150 (MI/NJ/PA/WV) or First Bet Offer Up to $1,500 (Other States)

How to claim (MI, NJ, PA, WV):

Step One: CLICK HERE or visit BetMGM’s website and register your account.

Step Two: Deposit $10.

Step Three: Place your first $10 bet on any Tennis market.

Step Four: If that bet wins, receive $150 in Bonus Bets in addition to your cash winnings.

How to claim (Other States):

Step One: Visit BetMGM or click the offer widget; enter bonus code OCMAX1500 if prompted.

Step Two: Deposit between $10 and $1,500.

Step Three: Place your first qualifying wager (straight, parlay, SGP, etc.).

Step Four: If it wins: you keep profits + original stake. If it loses: BetMGM refunds your stake as Bonus Bets (up to $1,500).

Australian Open 2026 Men’s Winner Odds

• Jannik Sinner: +125
• Carlos Alcaraz: +275
• Novak Djokovic: +1700
• Daniil Medvedev: +3000
• Alexander Zverev: +3500
• Alex De Minaur: +6600

Sinner enters as the favorite after winning the last two Australian Opens. Alcaraz is the No. 1 seed and chasing his first Melbourne title. Djokovic, a 10‑time champion, remains a long‑shot threat.

Australian Open 2026 Women’s Winner Odds

• Aryna Sabalenka: +200
• Iga Swiatek: +500
• Elena Rybakina: +800
• Coco Gauff: +1000
• Amanda Anisimova: +1000
• Mirra Andreeva: +1600

Sabalenka is the top seed and tournament favorite, while Swiatek and Rybakina remain strong contenders on hard courts.

How to Watch the Australian Open

The 2026 Australian Open airs on:

• ESPN / ESPN2
• ESPN+

When Is the Australian Open?

The 2026 Australian Open runs from January 18 to February 1, 2026, with:

• Women’s Final: Saturday, January 31
• Men’s Final: Sunday, February 1