2022 Australian Open Odds, Top Contenders & Favorites to Win

Every year, the Grand Slam season in the world of tennis begins with the Australian Open. Every top tennis player wishes to start the season on a positive note and winning the Australian Open becomes a significant priority for this reason.

The 2022 Australian Open has been in the headlines for the last few weeks and it is no longer a contest where a single player reigns as a supreme favorite to win the title. Even as we approach the finale of the competition, there are multiple contenders who are able to stake their claim for the title, as per the Australian Open odds put out by many bookmakers.

Who won the 2022 Australian Open Men's Title?

Rafael Nadal

This win marked Nadal's 21st Grand Slam Title! Nadal beat Medvedev 2-6, 6-7 (5), 6-4, 6-4, 7-5 to claim this victory.

Australian Open Odds
Men's singles Australian Open 2022 Winner

Who won the 2022 Australian Open Women's Title?

Ashleigh Barty

Ashleigh Barty was one of the favorites to win this competition, and through this victory, she also became the 1st home player to win the Australian Open singles title - the last record is held by Chris O'Neil who won the title in 1978.

Women's singles Australian Open 2022 Winner

2022 Australian Open Men's Title Favorites

A simple look at the 2022 Australian Open odds reveals the stature of the finalists with regards to their probability of winning the title. The odds as provided by BetMGM are:

Australian Open Men's Favorites Odds

Daniil Medvedev

-111

Rafael Nadal

+450

Who are in line to win?

Novak Djokovic was able to win the 2021 men’s single but he is not competing in the 2022 edition after failing to meet the entry requirements into Australia. It has thrown the doors wide open for a new winner in the first Grand Slam of the season.

After intense rounds, the semifinals of the 2022 edition feature players who had been favorites from the start. At the same time, there have also been some surprise names who have been knocked out earlier than expected.

Daniil Medvedev

Australian Open Odds
Australian Open Favorites to win (Men's Title) - Daniil Medvedev

Daniil Medvedev has seen his opportunities to claim the Australian Open go up significantly after Djokovic’s exit. He has been given a decent road to the final with only a handful of tough tests along the way. His big tests would come in the form of the matches against Diego Schwartzman in the fourth round or in the quarter-finals against Dan Evans. Medvedev is likely to make life difficult for any of his opponents with his incredible reach. His good serves also make him a formidable opposition. One of the few chinks in his armor would be showing the variety and pulling him from side to side.

Rafael Nadal

If the Australian Open was a clay tournament, Nadal would easily rank as one of the favorites. However, this will once again be a tough start to a Grand Slam season for Nadal, who has been facing a grueling schedule coming into the tournament. At 35 years of age, Nadal is looking to get into the final of the Australian Open for the first time since 2009. After having faced numerous injury problems in recent years, Nadal is not really in the best of shape to be considered as a strong favorite in the 2022 Australian Open odds.

Stefanos Tsitsipas

Australian Open Odds
Australian Open Men's Title Contender - Stefanos Tsitsipas

Stefanos Tsitsipas is one of those names who comes into the Australian Open 2022 in a strong fashion, but he has had a tendency to go out early on the hard courts. Furthermore, Stefanos Tsitsipas is also short on match fitness as he is still coming back from the elbow injury which played spoilsport in the 2021 season.

Matteo Berrettini

Australian Open Favorites
Australian Open Men's Title Contender - Matteo Berrettini

Matteo Berrettini is ranked seventh in the ATP rankings and the Italian has been slowly able to grow in confidence throughout the competition. Berrettini has never been able to succeed at a Grand Slam in the past, but the way he has managed to progress through the 2022 Australian Open suggests a shift. One of Berrettini’s best performances of the Grand Slam came just recently when he reached the final of Wimbledon 2021 before losing out to Novak Djokovic.

Matteo Berrettini vs Rafael Nadal – Preview and Prediction

Rafael Nadal comes on the back of a lengthy game with Denis Shapovalov in the quarter-finals. The Spaniard might not have started the tournament as the favorite, but he is on course to claiming his 21st Grand Slam title. Berrettini is much younger than the Spaniard and he also goes for a very attacking approach. If the game goes beyond three sets, Berrettini is likely to have an edge. The Italian has also been enjoying excellent serves. Nadal will be targeting Berrettini’s weak backhand and his experiences are likely to give him the edge.

Stefanos Tsitsipas vs Daniil Medvedev – Preview and Prediction

Daniil Medvedev comes on the back of a marathon game with Auger-Aliassime. Despite dropping the opening two sets, Medvedev was able to come back strongly and he came up with an impressive 49 winners along the way. Medvedev is on course to pick up his second Grand Slam success. The match will be an opportunity for Stefanos Tsitsipas to get revenge for the semi-final defeat at the hands of Medvedev in Melbourne last year. Even though Medvedev is a strong favorite, this match is likely to be very close with Tsitsipas having the advantage of excellent groundstrokes.

Australian Open 2022 Favorites (Women's Title)

Just like for the men’s game, bookmakers have put together a list of top five contenders with their odds to win Australian open 2022. Due to the entry of many new talents into the women’s game, the 2022 Australian Open odds are not as straightforward as they seem. The odds as provided by BetMGM are:

Australian Open Women's Favorites Odds

Ashley Barty 

-500

Danielle Collins

+375

Who are the favorites to win?

The race to become the women’s champion at the Australian Open singles is almost at the end. So who do we think will win?

Ashleigh Barty

2022 Australian Open Odds
Australian open favorites to win (Women's Title) - Ashleigh Barty

Ashleigh Barty is clearly in a position to be considered as the favorite for the women’s singles title. There will be plenty of pressure of playing in front of her own fans and the Australian is hoping to reach the first final at the Australian Open. She reached the semifinals back in 2020, but there is plenty of expectation surrounding the 25-year-old, who has two Grand Slam titles to her name following successes at the French Open 2019 and Wimbledon 2021.

Danielle Collins

Australian Open odds
Australian open favorites to win (Women's Title) - Danielle Collins

Danielle Collins was able to display excellent form against Iga Swiatek. As a result, Collins has featured broken her previous record of reaching the Australian Open semifinals in 2019. There will be a significant jump in the WTA rankings for Collins as a result. After having overcome a lot of health issues in recent years, Collins is seeking the first Grand Slam of her career.

Ashleigh Barty vs Danielle Collins – Preview and Prediction

Ashleigh Barty has been able to come up with consistent performances at the Australian Open and she is the overwhelming favorite for a victory in this game. Even though Collins has been able to win the recent meeting back in Adelaide on straight sets, Barty still has the edge in the head-to-head numbers with a 3-1 lead. Collins is back from plenty of health issues from the last few years and reaching the final would be a major achievement in itself. Barty is a strong favorite to pick up the third Grand Slam of her career and win at home.

How to Infer the Australian Open Odds?

The Australian Open odds that are put out by sportsbooks like BetMGM and Caesars are able to provide a lot of information about the potential winners and losers from the tournament. The odds published in the American format can be inferred quite easily.

The American odds always start with a baseline value, which would be $100. If a bettor is going for the favorite, they would be risking the money to get the $100 and vice versa if they are going with the underdog. For example, a -135 price means that the bettor must risk $135 to get a return of $100. At the same time, a figure of +275 in the case of backing Ashleigh Barty to win the women’s single title would mean that the bettor is risking $100 to get a return of $275.

Best Bookmakers to Bet on the Australian Open

Caesars

Caesars has a strong reputation as one of the first sportsbooks to offer betting markets in many parts of the United States once it was legalized. The acquisition of William Hill in 2021 has allowed Caesars to up the ante. The brand now provides a long list of betting markets on tennis while still being able to offer generous welcome bonuses.

BetMGM

BetMGM is a solid option for those who want to bet on tennis. The same-game parlays from BetMGM are extremely popular. The user gets the additional advantage of a user-friendly interface that does not come with a steep learning curve. Finally, the deposit options are diverse enough to make the most of attractive bonuses.

BetRivers

BetRivers has tennis as one of its major focuses apart from several other sports. There’s online casino gaming apart from the sportsbook, which manages to cover more than 20 different sports. The welcome bonus may not be huge at BetRivers, but the regular stream of offers are some of the best in the industry.