- The Australian Open is the centerpiece of the Australian summer tennis schedule.
- Jannik Sinner has now won back-to-back singles titles on the men’s side.
- The total prize purse for the 2026 Australian Open is more than $110 million.
There is no ramp-up for tennis season. After a couple of weeks of early tournaments, men’s and women’s professional players jump straight into one of the four biggest tournaments of the year.
That is, of course, the Australian Open. Held every January in the middle of the Australian summer, the early slam is one of the most heavily bet events of the year, since many sportsbook players are still in rhythm from handicapping college football and the NFL playoffs.
The Australian Open favors hard-court players and fast, athletic tennis styles. For anyone who is planning to take a peek at BetMGM’s tennis betting options, pay close attention to Jannik Sinner’s odds on the men’s side and Aryna Sabalenka’s odds on the women’s side.
For 2026, the Australian Open has raised its total prize purse to an outstanding $111.5 million. Men and women earn equal prizes at this tournament, as is the case at all Grand Slam tournaments.
Round-by-round prize information can be found below.Â
Australian Open Winner Payout: How Much Prize Money Will the Champion Receive?
In 2026, the men’s and women’s singles champions will each receive $4,150,000 in prize money.Â
The full prize table for the 2026 Australian Open is published below.
Australian Open Prize Money 2026
| Round Reached | Prize Money (USD) |
|---|---|
| Winner | $4,150,000 |
| Runner-Up | $2,150,000 |
| Semifinal | $1,250,000 |
| Quarterfinal | $750,000 |
| Round 4 | $480,000 |
| Round 3 | $327,750 |
| Round 2 | $225,000 |
| Round 1, Main Draw | $150,000 |
| Q3 | $83,500 |
| Q2 | $57,000 |
| Q1 | $40,500 |
Bet on Australian Open Odds
BetMGM is the premier online sportsbook for Australian Open odds each year!
Whether you’re a first-time bettor checking out tournament winner odds, a casual fan browsing live betting opportunities, or a seasoned pro building parlays, there are options for everyone.
Visit the sportsbook for updated odds, the best sportsbook promos — including BetMGM’s welcome offer — and more.
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