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Last Updated Jul 05, 2022, 08:14 AM

2023 AUSTRALIAN OPEN ODDS

The 2022 Australian Open is in the books with as couple of favorites winning the first Grand Slam event of the 2022 season. Ashleigh Barty won the women's draw as the favorite entering the event, defeating Danielle Collins. Rafael Nadal won the men's draw, entering at rare 7/1 odds to win, and was even the ML underdog in his finals match against Daniil Medvedev.

It's never too early to start looking at the 2023 Australian Open odds, which are losted below.

2023 MEN'S AUSTRALIAN OPEN ODDS

2023 WOMEN'S AUSTRALIAN OPEN ODDS

Odds Subject to Change - per bet365 - Updated Tue., July. 5 - 1:18 PM ET

WHERE TO BET ON THE AUSTRALIAN OPEN

HOW TO READ AUSTRALIAN OPEN ODDS

American: Rafael Nadal (Spain) +500
Fractional: Rafael Nadal (Spain) 5/1
Decimal: Rafael Nadal (Spain) 6.00
Implied Probability: 16.7%

Bettors placing a $100 wager on Rafael Nadal would win $600 ($100 * 5.0 +100), which includes your $100 stake.

WHAT IS IMPLIED PROBABILITY

Implied probability is a conversion of betting odds into a percentage. It takes into account the sportsbooks margin to express the expected probability of an outcome occurring.

MEN'S AUSTRALIAN OPEN HISTORY

  • 2022 - Rafael Nadal (Spain)
  • 2021 - Novak Djokovic (Serbia)
  • 2020 - Novak Djokovic (Serbia)
  • 2019 - Novak Djokovic (Serbia)
  • 2018 - Roger Federer (Switzerland)
  • 2017 - Roger Federer (Switzerland)
  • 2016 - Novak Djokovic (Serbia)
  • 2015 - Novak Djokovic (Serbia)
  • 2014 - Stan Wawrinka (Switzerland)
  • 2013 - Novak Djokovic (Serbia)
  • 2012 - Novak Djokovic (Serbia)
  • 2011 - Novak Djokovic (Serbia)

WOMEN'S AUSTRALIAN OPEN HISTORY

  • 2022 - Ashleigh Barty (Australia)
  • 2021 - Naomi Osaka (Japan)
  • 2020 - Sofia Kenin (United States)
  • 2019 - Naomi Osaka (Japan)
  • 2018 - Caroline Wozniacki (Denmark)
  • 2017 - Serena Williams (United States)
  • 2016 - Angelique Kerber (Germany)
  • 2015 - Serena Williams (United States)
  • 2014 - Li Na (China)
  • 2013 - Victoria Azarenka (Belarus)
  • 2012 - Victoria Azarenka (Belarus)
  • 2011 - Kim Clijsters (Belgium)

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