Which player has the best odds to win Australian Open 2026?

Sinner-Alcaraz and Rybakina-Sabalenka are top contenders for the title.
And then there were four. The Australian Open 2026 has been nothing short of a rollercoaster, with shocking upsets, comeback stories, and breakthrough performances lighting up the Melbourne Park.
This year has seen several top seeds perform well, which provided us with exhilarating matchups. Most battles ended up one-sided, but the competition has had its share of drama and controversies.
Through all the twists, the energy has stayed electric, with world class tennis on display, marked by quality, intensity, and fiercely contested battles despite the oppressive heat gripping the courts down under this year.
With the tournament now firmly at its business end, the semi-finals are set to begin on January 29. As we head into the final stretch in Melbourne, the big question remains: which player has the best odds to win the 2026 Australian Open?
Also Read: Class Apart! Novak Djokovic becomes first tennis player to register 400 wins at Grand Slams
Which player has best odds to win Australian Open 2026?
Menâs Singles
Jannik Sinner has cruised into the semi-finals as the defending champion and top seed, maintaining his quest for a third straight title with a dominant straight-sets quarter-final win over Ben Shelton (6-3, 6-4, 6-4), blending elite defense, precise aggression, and flawless serving.
His run has been largely untroubled barring heat issues, reinforcing his status as the man to beat on hard courts. With a semi-final matchup against Novak Djokovic looming, (a rematch of past classics), Sinnerâs -110 odds make him the outright favourite, given his recent superiority over the field and ability to handle big moments.
Carlos Alcaraz reached his first Australian Open semi-final in impressive fashion, dropping no sets en route and dismantling Alex de Minaur 7-5, 6-2, 6-1 in the quarters with explosive athleticism, variety, and improving consistency under pressure.
As World No. 1, his level has risen match by match, putting him in prime position for a potential career Grand Slam push.
Facing Alexander Zverev next in a balanced head-to-head, Alcarazâs +120 odds reflect strong belief in his ceiling, with his dynamic game likely to thrive if he maintains this upward trajectory.
Djokovic advanced to his 13th Australian Open semi-final after opponent Lorenzo Musetti retired injured while leading two sets to love, allowing the 24-time major winner to conserve energy despite not dropping a set prior. His experience, return game, and mental fortitude remain elite, even at 38.
A blockbuster semi-final against Sinner is on the cards, but Djokovicâs +2200 odds tell the story. The Serbian is clearly an underdog, and seeks a miracle to turn things around, especially after his poor outing against Musetti.
Alexander Zverev overcame a tough four-set win over rising American Learner Tien, relying on his big serve (including 24 aces in one match) and baseline power while staying pain-free this tournament.
With a tied 6-6 h2h against Alcaraz, the German could capitalize on any lapses to finally claim his elusive first major, making him a dangerous longshot in the closing stages.
Odds for menâs singles
- Jannik Sinner: -110 â Bet âš830 â Win total âš1,584 (profit âš754)
- Carlos Alcaraz: +120 â Bet âš830 â Win total âš1,826 (profit âš996)
- Novak Djokovic: +2200 â Bet âš830 â Win total âš19,090 (profit âš18,260)
- Alexander Zverev: +2500 â Bet âš830 â Win total âš21,580 (profit âš20,750)
Womenâs Singles
All Australian Open 2026 WTA semi-finalists have not dropped a single set on their path to the final four, highlighting their dominance.
Aryna Sabalenka has dominated her route to the semi-finals as the World No. 1 and top seed, on the back a commanding 6-3, 6-0 quarter-final win over young American Iva Jovic in scorching heat.
Her powerful baseline game and serving have been flawless, building on her history of reaching the final in each of the last three years (winning two titles).
With a favourable head-to-head against her semi-final opponent Elina Svitolina and her current form on hard courts, she holds the strongest position among the women to claim a third Australian Open crown, making her the clear favourite at -133 odds.
Elena Rybakina entered the semi-finals with a standout result, defeating Iga Swiatek decisively in the quarters to showcase her big-hitting prowess and serve dominance on the fast Melbourne surfaces. Her run has been marked by clean, aggressive tennis that neutralizes opponentsâ rhythm, and sheâs carried momentum from a solid start to 2026.
Facing Jessica Pegula next in what should be a tight contest (3-3 on head-to-head), the Kazakhâs incredible form makes her a genuine threat and contender for the trophy.
Pegula secured her maiden Australian Open semi-final berth with a gritty all-American quarter-final victory over Amanda Anisimova (6-2, 7-6), demonstrating her consistent baseline play, excellent movement, and mental toughness in extended rallies.
Sheâs been a steady performer with wins against defending champion Madison Keys in her earlier rounds. Now up against Rybakina in the semis, Pegulaâs all-court game and return skills could exploit any inconsistencies, positioning her as a live +750 outsider.
Elina Svitolina has enjoyed a resurgent run to her maiden Australian Open semi-final, highlighted by a ruthless 6-1 6-2 demolition of Coco Gauff in the quarters, where she exploited serve issues and won the majority of break points.
Fresh off a title in Auckland and a mental reset last season, her tactical intelligence, defense, and counterpunching have shone through. Set to face world No. 1 Sabalenka next (where she trails by 1-5 on h2h), Svitolinaâs +1100 odds reflect the challenge, but her current hot streak and ability to frustrate power players offer upset potential if she can prolong rallies and stay composed.
Odds for womenâs singles
- Aryna Sabalenka: -133 â Bet âš830 â Win total âš1,454 (profit âš624)
- Elena Rybakina: +230 â Bet âš830 â Win total âš2,739 (profit âš1,909)
- Jessica Pegula: +750 â Bet âš830 â Win total âš7,055 (profit âš6,225)
- Elina Svitolina: +1100 â Bet âš830 â Win total âš9,960 (profit âš9,130)
Which players have qualified for the menâs singles semi-finals at Australian Open 2026?
Carlos Alcaraz (1), Jannik Sinner (2), Alexander Zverev (3) and Novak Djokovic (4) have reached the final four stage in menâs singles.
Which players have qualified for the womenâs singles semi-finals at Australian Open 2026?
Aryna Sabalenka (1), Elena Rybakina (5), Jessica Pegula (6) and Elina Svitolina (12) have qualified for the final four stage in womenâs singles.
What are the semi-final matchups in both menâs and womenâs singles at Australian Open 2026?
Menâs Singles (Jan 30): Jannik Sinner vs Novak Djokovic & Carlos Alcaraz vs Alexander Zverev
Womenâs Singles (Jan 29): Aryna Sabalenka vs Elina Svitolina & Elena Rybakina vs Jessica Pegula
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Aniruddh Seshadri Iyer is a passionate sports journalist at Khel Now, specializing in tennis and Olympic sports. An engineer by training, he found his storytelling passion through iconic Grand Slam and Olympic moments. Known for sharp analysis and insightful coverage, he draws inspiration from Novak Djokovicâs resilience. Outside journalism, he enjoys reading, traveling, and playing the guitar.