2024 Australian Open – Melbourne Awaits

2024 Australian Open – Melbourne Awaits

January 6, 2024
3 min read

Australian Open

The first Grand Slam of the year is always special. The Australian Open, will be hosted in Melbourne from 14–28 January, it sets the tone for the tennis season ahead. For fans, it’s the chance to see the world’s best players back on court after their off-season break. For gamblers, it’s the opportunity to spot early value, read the form, and potentially profit before the markets fully adjust.

Why the Australian Open Is Unique for Bettors

The “Happy Slam,” as it’s affectionately called, comes with quirk Australian Opens that make it fascinating from a gambling perspective:

  • Surface & conditions: The hard courts in Melbourne are traditionally quicker than Roland Garros or Wimbledon, favouring big servers and aggressive baseline hitters.
  • Weather: Extreme heat can test fitness and mental toughness. Matches under the roof (in case of extreme heat) can also flip dynamics, favouring players with cleaner ball-striking indoors.
  • Early season form: Players arrive fresh, but some are undercooked after a short off-season. This unpredictability can create betting opportunities if you identify who’s fit early.

Men’s Tournament:

  • Novak Djokovic will start as the favourite, having dominated Melbourne historically. His fitness, motivation, and track record make him market leader. Bookmakers will price him short; he’s probably a worthy favourite but lacks value in our opinion.
  • Dark horses: Daniil Medvedev and Jannik Sinner have strong resumes. Value backing them in outright markets is potentially more attractive than Djokovic’s short price. We don’t really see any other value in outsiders, although the individual matches will certainly throw up value daily.

Women’s Tournament:

  • Iga Świątek finished last season strongly and will start as favourite. There is no value in her odds and we will look elsewhere for our outright bets.
  • Value Bets: We like Cori Gauff and Ons Jabeur as value bets over Świątek to reach to the final, however most value will be found in round-by-round betting.
  • Local hopes: Aussie players often get crowd boosts. We’ll see how individual matches progress and determine nearer the time whether there is momentum and any value available.

Key Betting: Things to Consider:

  1. Outright Markets: Djokovic’s price is no value, we suggest looking for value further down the field for semi-finalist or quarter-finalist bets.
  2. Early Round Upsets: In the women’s draw especially, shocks are common. Value often sits in backing underdogs in round 1–2, where favourites may still be rusty.
  3. Set betting: Strong servers can push matches to tie-breaks, creating opportunities in “over total games” or “match to go to 4/5 sets” markets.
  4. In-play betting: Heat and fitness play huge roles. A favourite dropping the first set in searing heat may drift heavily in odds, presenting live betting value.

Example Value Spots (Pre-Tournament)

  • Medvedev to reach the final: Short of Djokovic, his hard-court record is elite.
  • Sabalenka outright winner: Priced longer than Świątek but loves the surface.
  • Backing overs in Kyrgios matches (if fit): Always prone to long, dramatic contests.

Conclusion

The 2024 Australian Open is fascinating from a betting perspective, there’ll be lots of opportunities to exploit value and bookmaker’s mispricing throughout the tournament.

To understand conditions, reading players in-tournament form, and spotting bookmaker miscalculations, along with exploiting early round volatility, join our VIP members services or sign up to our one off tournament analysis and selections.

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