Australian Open 2026 Betting – Discover the Top Favorites, Betting Tips, and Odds at BetPlays

The new year has barely started, and the tennis season is already heating up. Tennis fans are flocking to Melbourne Park, where the first Grand Slam takes place. Canadian punters are excited for all the Australian Open 2026 betting opportunities ahead with two weeks of action beginning on Monday, January 12.

The latest BetPlays tennis odds are already posted with a clear focus on the ATP and WTA sides of the tournament. It’s a challenging tournament played in scorching heat, but with a clear Happy Slam vibe. BetPlays is your ultimate partner for AO betting and features the latest Australian Open odds 2026. Read on to learn more about the top Australian Open 2026 favorites and some expert tips on top betting markets.

Men’s Singles: Can Sinner Score a Hat-Trick?

World number two Jannik Sinner is the main Australian Open 2026 betting favorite for a hattrick in Melbourne. He’s won the last two editions of AO, and will be looking to add a third to his growing collection.

He’ll face stiff competition from Carlos Alcaraz who’s chasing a Career Slam, and Novak Djokovic, who, despite the age, is still among the top favorites. You can never count him out. Let’s check out the current Australian Open odds 2026 on the ATP Tour:

Top Men’s Tournament AO Favorites Expert Analysis

The first Grand Slam outrights aren’t at all different from what any tennis fan is expecting. Most expets suggest another Jannik Sinner vs Carlos Alcaraz final, which is what’s likely to happen considering their strong form to end 2025. They split the Grand Slams last year – Sinner won the Australian Open 2025 and Wimbledon, while Alcaraz won the French and US Open.

Jannik Sinner is a heavy favorite for a third straight title in Melbourne. He’s the leading Australian Open 2026 betting favorite, with even slimmer odds than expected. That’s how good his chances are. The Italian thrives on hard surfaces, showing his dominant strokes in the past few years. His towering presence is unmatched on the court, and it will be tough for anyone to break through his shield and stop those serves and hard-hitting forehands.

The biggest challenge for Sinner will be Alcaraz. Both players are still young, but have already won at the Grand Slam stage. Alcaraz has six to his name, with two French Opens, US Opens, and Wimbledon’s each. The only thing missing in his collection is the Australian Open, and he’ll be looking to claim the trophy this year.

A smart player with great skills, his height isn’t disadvantage. In fact, he uses it for quick moves on the field which will spell trouble for any opponent. Alcaraz hasn’t progressed beyond the QF at the Australian Open, which he’ll be looking to overcome this year.

The biggest challenge to the young guns will be 38-year old Novak Djokovic. Although obviously age has been wearing him down, Djokovic is still a top-10 tennis player who’s looking for a record 11^th Australian Open title. He can never be counted out, and considering this might be his last year in tennis, he may go all-in this tournament.

Djokovic’s Australian Open odds 2026 suggest a dark horse with value. Tennis betting fans who believe he can still call the shots at Melbourne Park can squeeze plenty of value out if he ends up with a dream title.

• Betting Tip: If the odds for a potential Jannik Sinner vs Carlos Alcaraz are slim, check out the Quarter Winners market at BetPlays.

Women’s Singles: A Wide-Open Field in Melbourne

Unlike the Australian Open men’s singles tournament, the lady’s side is much more open. The latest WTA Australian Open odds suggest a few favorites for the trophy, which are joined by a few rising stars.

Aryna Sabalenka has dominated the world of female tennis in the past few years. She’s also a hard-court specialist and will be looking to add a third AO trophy to her collection after winning in 2023 and 2024.

She’ll face competition from Iga Swiatek, who’s coming off a lengthy rest and a triumphant return at Wimbledon. Her outright fixed odds are close to Sabalenka, and without disrespecting the other players, Swiatek is the top challenger to the Belarus player this year. Swiatek is desperate to win an AO trophy, after losing twice in the semi-finals.

Last year’s winner Madison Keys is not among the favorites. However, at +1700, she’s a dark horse option for Canadian bettors that could make another surprising run to the final. Bettors shouldn’t forget about rising stars such as Coco Gauff and Mirra Andreeva, who trail the trio of Sabalenka, Swiatek, and Rybakina as the top three Australian Open 2026 favorites.

Dark Horses: Where the Value Lies

Smart bettors won’t just take sides with the favorites. Grand Slam outrights offer much better value for surprises, which can be found among some of the dark horses this year.

The first one of our Australian Open 2026 betting tips is to analyze the court. Hard courts offer fast gameplay, so big servers can benefit from it. One notable example is Ben Shelton, who’s shown he can reach the latter stages and has a powerful serve in his arsenal.

Home favorites such as Alex de Minaur are hoping for a good run. Playing in front of your crowd is a big advantage, and de Minaur’s fast pace should make him a dangerous opponent.

After a stellar end to last season, Amanda Anisimova could surprise many at the AO 2026. She’s a value pick with a favorable draw path, which also applies to Shelton, de Minaur, or Madison Keys. The reigning champ Keys sits at long odds before the start of the tournament, so bettors should consider her as she’s already won the tournament last year.

Tennis underdogs are great value picks for bettors looking for value. Armed with our Australian Open 2026 betting guide and tennis betting tips Melbourne, BetPlays fans can make more accurate predictions when betting on tennis this January.

How to Bet on Australian Open at BetPlays

Getting started at BetPlays is easy and quick. Grand Slam newcomers can register in a few minutes and place wagers on the BetPlays tennis markets easily. Follow this guide to place your first AO bet:

• Register an Account: Go to the homepage and click on Register
• Claim a Welcome Bonus: Don’t forget about the welcome bonus – the 200% first deposit match up to $2,000 will come in handy, as will the 10% free bet.
• Explore the Australian Open 2026 betting markets: Go to the tennis betting section and check out the AO 2026 markets. You’ll find a wide range of options, ranging from outrights to moneylines and niche prop bets.
• Place Your Bet: Click on the Australian Open 2026 odds to add them to your bet slip. Enter the stake for an automated calculation of profits, and confirm to start.

With instant payouts and competitive odds, BetPlays is a premier destination for sports betting. Explore the Australian Open 2026 BetPlays tennis odds and make your pick now.

Strategic Betting Tips for the Australian Open

Apart from tennis betting tips, Canadian bettors should employ an Australian Open betting strategy to get the most out of their bets.

First up is research. The Melbourne Park court speed is among the fastest on the tours. It favors big servers, which means that players such as Jannik Sinner and Ben Shelton have an advantage. This is highly important when betting on props and for live betting, too, as bettors can place wagers on the total number of serves or successful serves for a particular player.

While it’s not summer yet, Australia’s temperatures are higher than in other parts of the globe. The extreme heat in January has already caused troubles in the past. It heavily impacts player stamina, which could affect how some players play.

Checking out how players have fared in previous years or recent tournaments can say a lot about their form. You can use the BetPlays stats tab before placing a wager to check the results of previous hard-court performances.

The early AO 2026 betting rounds are ideal for accumulators. Top seeds usually blitz the opening rounds, and despite the shorter odds, stacking up a few of them on a parlay can deliver solid returns.

As always, bettors should also ensure to bet responsibly. Check out BetPlays’ responsible gambling guide on how to manage your bankroll and bet responsibly.

Conclusion: Ready for the First Serve?

The BetPlays Australian Open 2026 odds are up and running, and it’s time to dive in to the first Grand Slam of the year. We encourage bettors from Canada to check in on the AO odds as soon as the draw is revealed.

Claim the BetPlays welcome bonus and free bet to maximize your bankroll and bet on the numerous Australian Open 2026 betting markets. Join in on the action as we share our AO betting tips for the latter rounds, and get ready for two weeks of drama, excitement, and high-speed tennis action.