Miami Open 2023: Winner’s Payout and Overall Tennis Prize Money

min read
Carlos Alcaraz won the men's draw at Indian Wells in 2023.
(AP Photo/Mark J. Terrill)
Chase Kiddy @chaseakiddy Mar 20, 2023, 3:05 PM
  • The Miami Open runs March 20-26.
  • The Miami Open is the second of nine annual ATP Masters 1000 tournaments.
  • Miami Open awards more than $1.2 million to both tournament winners.

Only hours after Indian Wells ended, both the men’s and women’s professional tours are reconvening in Miami for another major tennis tournament.

This time, the draw is the scenes and nightlife of the Miami Open, which is the second major tournament on U.S. soil in as many weeks.

The tennis odds are correspondingly dramatic, featuring major names like Carlos Alcaraz and Iga Swiatek.

At the Miami Open, men and women receive equal payouts. That means, for example, that a quarterfinalist in the men’s tournament receives the exact same cash prize as a quarterfinalist in the women’s tournament. 

The tour points are slightly different, with the WTA awarding a few more ranking points than the men.

In total, the Miami Open will distribute $17.6 million in prize money to players from both tours — the same amount of money that was up for grabs last week at Indian Wells.

How Much Does the Winner of the Miami Open Make?

The winners of the men’s and women’s 2023 tournaments at the Miami Open will each receive a cash prize of $1,262,220.

Miami Open Tennis Prize Money

Round ReachedPayout
Winner$1,262,220
Finalist$662,360
Semifinals$352,635
Quarterfinals$184,465
Round 4$96,955
Round 3$55,770
Round 2$30,885
Round 1, Main Draw$18,660
Q2$9,440
Q1$5,150

Miami Open Tennis Odds

As of Monday, March 20, Iga Swiatek is the overwhelming favorite to win the women’s singles draw at +175.

Novak Djokovic withdrew from the men’s draw, citing an ongoing vaccination conflict with the U.S. government. The men’s tournament is still playing through qualifying rounds, but favorites are expected to include Alcaraz and Daniil Medvedev — the two finalists from last week’s Indian Wells finale. 

Both tournaments have futures markets available to bet at the BetMGM online sportsbook.

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From live betting and parlays to match-winner odds and prop bets, there are thousands of opportunities to take your tennis entertainment to the next level while watching the best players in the world compete in Paris.

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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.