ATP Toronto Masters: Odds, Draw Analysis for National Bank Open

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Britain's Cameron Norrie plays a return to Christopher Eubanks of the US during the men's singles match on day five of the Wimbledon tennis championships in London, Friday, July 7, 2023.
(AP Photo/Alastair Grant)
Chase Kiddy @chaseakiddy Aug 11, 2023, 8:21 AM
  • ATP Toronto Masters is the first major men’s tournament since Wimbledon.
  • Carlos Alcaraz is the No. 1 seed and a +145 betting favorite at BetMGM.
  • Alcaraz will face plenty of strong challengers on Toronto’s hardcourt.
  • Pablo Carreno Busta won last year’s tournament but isn’t in the draw this week.

The sprawling world of tennis betting is getting its first major action since Wimbledon this week. That’s because the main draw of the Rogers Cup begins Monday, Aug. 7. 

Both the men’s and women’s tournaments are 1000-level events, meaning they’re only behind the four Grand Slam tournaments in terms of importance and prestige.

The men’s tournament is held in Toronto, while the women’s tournament is held separately (but concurrently) as WTA Montreal.

Toronto Open Odds for Friday, Aug.11

FavoritesOddsUnderdogOdds
Mackenzie McDonald-155A. D. Fokina+125
Daniil Medvedev-350Alex de Minaur+250
Carlos Alcaraz-500Tommy Paul+360
Jannik Sinner-350Gael Monfils+270

Toronto Masters Draw

Since the Toronto Masters is a major tournament, it’s unsurprising to see current world No. 1 Carlos Alcaraz at the top of the draw. 

Alcaraz is better known as a dominant clay court player, but he has flexed his prowess over the last 12 months on courts of all varieties. He is the reigning champion at both Wimbledon and the U.S. Open, which means he’s a very dangerous favorite in Toronto. At +145, and with Novak Djokovic absent from the field, Alcaraz may even be a little underpriced. 

While it will be difficult for bettors to identify just one challenger, ATP Toronto does field a deep lineup of potential winners. 

Daniil Medvedev is always dangerous on hardcourt and is a rightful second option in the table at +400, but there’s also Jannik Sinner, Stefanos Tsitsipas, Andrey Rublev, Taylor Fritz, and Cameron Norrie – all top-15 players who play effectively on hardcourt. 

Norrie likely offers the best pure value at +5000, but the Brit hasn’t won a match on hardcourt since Indian Wells. He flamed out last week in his first match at Los Cabos to Aleksandar Kovacevic, who is currently ranked outside the ATP top 100. 

Last year’s winner, Pablo Carreno Busta, will not defend his 2022 title this week, as he is recovering from a nagging elbow injury. He hasn’t played since ATP Rotterdam in February but is hoping to return for the U.S. Open later this month.

Toronto Masters Schedule

The main draw for the Toronto Masters tennis tournament will begin on Monday, Aug. 7 and run through Sunday, Aug. 13.

Toronto Masters Futures Odds To Win

PlayerFutures Odds
Carlos Alcaraz+100
Daniil Medvedev+225
Jannik Sinner+500
A.D. Fokina+1400
Alex de Minaur+1600
Mackenzie McDonald+2500
Gael Monfils+2800
Tommy Paul+3300

How Much Does the Winner of the National Bank Open Make?

The winner of the men’s singles tournament at the 2023 National Bank Open will receive a cash prize of $1,019,335.

The total cash purse for the ATP Toronto Masters is $6.6 million.

Toronto Masters 2023 Prize Money

Round ReachedPrize Money
Winner$1,019,335
Runner-Up$556,630
Semifinal$304,375
Quarterfinal$166,020
Round 3$88,805
Round 2$47,620
Round 1, Main Draw$26,380
Q2$13,515
Q1$7,080

Men’s US Open Odds at BetMGM

BetMGM is the premier online sportsbook for US Open betting.

Throughout the tournament, you can view updated men’s US Open odds for Novak Djokovic, Daniil Medvedev, Rafael Nadal, and other players as they compete in Flushing Meadows. And with live sports betting, there’s never a break in the action; you can place live bets during each match.

If you’re new to the sportsbook, register today with BetMGM’s welcome promo. And check out updated sportsbook promos each day of the year.

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About the Author

Chase Kiddy

Read More @chaseakiddy

Chase Kiddy is a writer for BetMGM and co-host of The Lion's Edge, an NFL and college football podcast available on Spotify, Apple Podcasts, and everywhere else. He has also written for a number of print and online outlets, including the Richmond Times-Dispatch, Washington Post, Daily News-Record, and HERO Sports. His first novel, Cave Paintings, is in development.

Chase Kiddy is a writer for BetMGM and co-host of The Lion's Edge, an NFL and college football podcast available on Spotify, Apple Podcasts, and everywhere else. He has also written for a number of print and online outlets, including the Richmond Times-Dispatch, Washington Post, Daily News-Record, and HERO Sports. His first novel, Cave Paintings, is in development.