Making A Bet On The Upcoming Australian Open

The Australian Open has had a rough few years, with the world health crisis posing many challenges. But the Australian Open 2023 is back at full steam. Previously absent pro players are once again ready to participate, and already the competition looks fierce. This is an ideal opportunity for online betting enthusiasts to get in on the action.

Needless to say, there is much excitement, making it all but guaranteed that sportsbooks are going to be busy. For those that aren’t already familiar, here is a brief explanation of how to bet on the Australian Open 2023.

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Australian Open Betting Guide

The Australian Open, much like all sports, is supported by local online sportsbooks. This means that anyone interested in putting down a bet need simply choose an online sports book, sign up, and check the available betting options.

Australian Open tennis betting will be hot at all sportsbooks, meaning that many promotions and special deals will also be running. Any smart bettor can look around, see what’s on offer, and bet when they feel comfortable.

Which Bet Is Best for the Australian Open?

But which is the best way to bet? The most common form of betting for the Australian Open is on a single match, with a player chosen as the winner. This is fine, but there are more options.

A bettor can choose to bet on individual sets, predict specific match score results, choose a winner for the entire tournament, or may even dabble in a few fun prop bets. Options will vary depending on the sportsbook, and odds may even differ between betting sites. Ladbrokes New Zealand offers some of the best betting odds around; check them out for more great betting options and see our comprehensive review to help you make the best possible decision.

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What Are Australian Open Odds?

Australian Open odds are extremely important, primarily indicating how much a successful bet will pay out. Plus, odds also give an idea of how likely the bet is to be a success. A sportsbook may give a specific player 1/10 odds of winning, meaning that the outlook is unlikely. On the other hand if the bet were to succeed the payout would be significant.

A bet of just $1 would see a payout of $11. $10 plus the original $1 bet. In all sports betting the bigger the risk the higher the payout. By that logic 1/2 odds are much more likely to succeed, but payouts are significantly lower.

Smart Betting Tips for the Australian Open

Anyone looking to participate in Australian Open betting should take into account a few simple tips. First and foremost, betting is meant as entertainment, but that doesn’t mean that wagers need to be careless. Checking with professional tipsters can give major insights.

It is also a good idea to keep track of all bets, manage betting money closely, and not go overboard. Most of all, sports betting should always only be done on legal, licensed sites. Check out our sports betting guides to find the best tactics and insights for punters in New Zealand.

Australian Open 2023 Outlook

Tipsters are already sharing thoughts on the tournament, and a few names are coming up as hot picks.

Of course, there is always the chance of an upset, or an underdog coming out strong, but these are the names to watch; Novak Djokovic, Carlos Alcaraz and Yannik Sinner. Djokovic in particular is getting plenty of attention after his absence from last year’s tournament.

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