Best Tournament Bets for the 2024 Australian Open: Two Futures to Tackle in Melbourne

The first Grand Slam tournament of the 2024 tennis season, the Australian Open, is now underway in Melbourne.

In men’s singles, world number one and 24-time Grand Slam singles title winner Novak Djokovic is looking to repeat as champion and extend his record of tournament titles to 11. Last year, Djokovic defeated Stefanos Tsitsipas in straight sets to claim his 10^th title and his fourth in his last four appearances after controversially missing the tournament in 2022.

In women’s singles, world number one Iga Swiatek is aiming to win her first Australian Open title and her fifth Grand Slam singles title, while world number two Aryna Sabalenka is trying to become the first repeat women’s singles champion Down Under since Victoria Azarenka went back-to-back in 2012 and 2013.

Through one round, Djokovic has already matched the number of sets he lost on the way to taking the title last year, as he was taken to four sets by Croatian youngster Dino Prizmic in a 6-2, 6-7 (5-7), 6-3, 6-4 win early Sunday U.S. time.

2024 Australian Open Men’s Singles Top Seeds and Title Favorites

• #1 Novak Djokovic
• #2 Carlos Alcaraz
• #3 Daniil Medvedev
• #4 Jannik Sinner

Like Djokovic, Sabalenka lost only one set at last year’s Australian Open in her run to a long-awaited Grand Slam singles breakthrough, and she opened her repeat quest with a dominant 6-0, 6-1 win over Germany’s Ella Seidel this morning.

Swiatek, meanwhile, will get her tournament participation underway tomorrow night U.S. time against 2020 Australian Open women’s singles champion Sofia Kenin. The 25-year-old American, currently ranked 38^th, enters the match as a huge underdog (+1500 at BetOnline, with Swiatek at -4000).

2024 Australian Open Women’s Singles Top Seeds and Title Favorites

• #1 Iga Swiatek
• #2 Aryna Sabalenka
• #3 Elena Rybakina
• #4 Coco Gauff

Djokovic, Swiatek, and Sabalenka, as well as Alcaraz and Gauff, are all popular picks for those making Australian Open men’s and women’s singles tournament winner bets, which they should be.

But even if you are invested in the favorites to emerge victorious in Melbourne, there are a lot of other Australian Open futures bets worth considering, including a few involving the aforementioned favorites.

Let’s take a look at some Australian Open picks that are worth a ponder with the tournament just getting started.

2024 Australian Open Best Bets

Odds are courtesy of BetOnline. If you’re interested in trying them out, we recommend checking out our BetOnline review.

Men’s Singles

Daniil Medvedev to win Quarter 3 (+150)

After reaching the final in 2021 and 2022, Medvedev was dumped out in the third round by Seb Korda last year.

Look for a different result for Medvedev, who is looking to reach a Grand Slam singles quarterfinal for the ninth time in his career.

Despite his early exit in the Australian Open and a first-round exit at the French Open, 2023 was a good year for Medvedev, who reached the US Open final, the Wimbledon semifinals (advancing beyond the fourth round for the first time), and won two Masters 1000 titles (Indian Wells and Miami).

Who could stand in his way? Holger Rune (#8), Hubert Hurkacz (#9), and Felix Auger-Aliassime (#27) are the men to watch out for in his section of the Australian Open men’s singles draw. But the value here is really good, especially when you compare it to the other three quarters, where Djokovic, Sinner, and Alcaraz are all bigger favorites.

Women’s Singles

Aryna Sabalenka to Win Quarter 4 (-125)

Sabalenka has reached the singles semifinals seven times in her last nine Grand Slam tournaments, including all four events in 2023. In this stretch, the only misses are the 2022 Australian Open (fourth round) and the 2022 French Open (third round), while she missed Wimbledon that year due to the ban on Russian and Belarusian players.

You have to like her chances to make it eight in ten, both because of her form and the draw that lies ahead for her.

Ons Jabeur, the sixth seed, is in her quarter, along with 16-year-old sensation Mirra Andreeva. Those two will meet in the second round if they successfully navigate their first-round matches, and the winner is Sabalenka’s likeliest quarterfinal opponent.

Sabalenka is 4-2 against Jabeur, and I feel more confident in the current version of Sabalenka than I do the current version of Jabeur, who has yet to advance beyond the quarters at the Australian Open.

Andreeva reached the fourth round at the French Open (lost to Gauff in three sets) and Wimbledon (lost to Madison Keys in three sets) last year, and her time will come sooner rather than later if she continues on her current trajectory.

But I think Sabalenka will see off either one to reach the last four, where a matchup with Gauff could await.

Where to Bet on the 2024 Australian Open

The odds mentioned in this article came from Bovada, but they are far from the only place out there offering tennis odds. At the top sports betting sites, you can always find odds for the major tennis tournaments.

In addition to BetOnline, here are some other online sportsbooks where you can find ATP Finals odds, Australian Open odds, French Open odds, Wimbledon odds, US Open odds, and odds for other notable tournaments:

• BetDSI
• BetUS
• Bookmaker
• Bovada
• MyBookie
• Sportsbetting.ag

There are a number of reputable online sportsbooks that are good for betting on tennis, but we have reviewed all of the above books and highly recommend them all.

If you don’t have an account at any of the sites mentioned, check out our reviews to learn more about what they have to offer.