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Opening Odds for the 2026 Australian Open Final: Carlos Alcaraz vs. Novak Djokovic

Opening Odds for the 2026 Australian Open Final: Carlos Alcaraz vs. Novak Djokovic

Published:

By: Blake Krass

The No. 1 player in the world, Carlos Alcaraz, takes on the all-time major title record holder, Novak Djokovic, in the Australian Open Final. The match will take place at 3:30 a.m. ET on Sunday, February 1.

2026 Australian Open Final Odds

For American viewers, two unbelievable tennis matches took place overnight on Thursday into Friday. Many people in the United States will have fallen asleep to Alexander Zverev attempting to storm back against Carlos Alcaraz, and woken up to Novak Djokovic and Jannik Sinner heading to a fifth set. Carlos Alcaraz battled through leg pain and cramping to take down Zverev in an epic five-set battle that could go down as one of the best matches the tournament has ever seen. Meanwhile, Novak Djokovic turned back the clock to pull off a massive upset over Jannik Sinner in the other semifinal. That sets up an incredible Australian Open Final between these two great competitors.

Here is a look at the current odds for the match:

Carlos Alcaraz is a -301 favorite, while Novak Djokovic is a +240 underdog. Though Alcaraz is still a considerable favorite, the odds are much tighter than they were in Djokovic’s match against Sinner. Djokovic was a +810 underdog in his semi, and he managed to pull off the upset. After that win, nobody will be counting out the greatest champion this tournament, and the sport, has ever seen. After a two-year drought at the majors, Djokovic is looking to add a 25th Grand Slam title and an 11th Australian Open title to his resume before he heads off into the sunset. Meanwhile, Carlos Alcaraz is looking to complete the career Grand Slam. He would become the youngest man to accomplish this feat in the history of the sport.

Based on the odds, the most likely outcome is for Carlos Alcaraz to roll in straight sets. It will be worth following whether his leg pain in his semifinal match was just from cramping, or if it could be a lingering issue. Both players had epic five-set showdowns, so fitness could be a bit of an issue. In that case, it would favor the much younger Alcaraz. However, with a day of rest built in, both players should be at their best when the match begins on Sunday.

Blake Krass has contributed to DraftKings since 2024, and is a content creator with a specialty in sports betting. Blake primarily focuses on college football and NFL coverage but will also be covering college basketball, the NBA, MLB and more. Prior to arriving at DK, Blake was a sports betting writer for The Action Network.
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