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Australian Open: Top 10 contenders in Melbourne

The Australian Open starts in January when Roger Federer and Novak Djokovic will be bidding to win the tournament for a record seventh time.

We have all the latest tennis betting odds for the first Grand Slam of the year in which Djokovic starts as favourite ahead of two-time defending champion Federer.

If you love a bet on tennis, check out the top 10 contenders in our Australian Open betting preview and our tennis betting tips to give you a flavour of what to expect from some of the favourites.

You can also click on the link to check out the rest of the players competing at the Australian Open.

Novak Djokovic

Odds: 11/8
Age: 31
Grand Slam titles: 14
Australian Open titles: 6

Djokovic will be the man to beat after a sensational comeback from injury which saw him win Wimbledon, the US Open and return to number one in the world rankings.

The Serbian underwent elbow surgery in February for a problem that had been troubling him for a couple of years and the results were remarkable as he won two Grand Slams in the same year for the first time since 2016.

Djokovic was surprisingly knocked out in the fourth round in straight sets by Chung Hyeon at last year's Australian Open and lost a five-setter to Denis Istomin in the second round in the previous year but now that he is back to peak form and fitness, a third successive Grand Slam is not beyond him.

Chances: With age seemingly catching up with Federer and doubts surrounding the fitness of Rafael Nadal, Djokovic can win a 15th Grand Slam and is justifiably the favourite in the Australian Open winner betting odds.

Roger Federer

Odds: 5/1
Age: 37
Grand Slam titles: 20
Australian Open titles: 6

Federer successfully defended his Australian Open title and made it 20 Grand Slams with a five-set victory over Marin Cilic last January, the second time in a row the Swiss had gone the distance to win the final.

But ever since his epic Wimbledon quarter-final defeat to Kevin Anderson when he let slip a two-set lead, questions are being asked about whether the mistakes that have started to creep into Federer's game are a permanent rather than temporary feature.

Chances: At the age of 37 and with two defeats against Djokovic in the second half of 2018, it would be another impressive performance should he win the Australian Open for a seventh time.

Rafael Nadal

Odds: 11/2
Age: 32
Grand Slam titles: 17
Australian Open titles: 1

Nadal retired with what turned out to be a hip problem in the fifth set of last year's Australian Open against Marin Cilic and more injuries have put his participation in doubt.

The 2009 champion and three-time runner-up pulled out of the end-of-season ATP Finals in order to undergo ankle surgery and withdrew from the Brisbane International with a thigh injury, so it remains to be seen whether he will be fit for a tilt at an 18th Grand Slam title.

Chances: With doubts surrounding his fitness, looks a risky business.

Alexander Zverev

Odds: 8/1
Age: 21
Grand Slam titles: 0
Australian Open titles: 0

Zverev has reached just one Grand Slam quarter-final in 14 appearances and has never advanced beyond the third round in Melbourne, yet is one of the favourites to win in the Australian Open betting odds.

The German capped another superb year by beating Djokovic to win the end-of-season ATP Finals despite being taken apart by the Serb at the round-robin stage.

Chances: Needs to step up in the major tournaments if he is to break the stranglehold of the top three, but he may have to wait until they have retired.

Andy Murray

Odds: 15/1
Age: 31
Grand Slam titles: 3
Australian Open titles: 0

The five-time Australian Open runner-up called an end to a difficult season in September having played just six tournaments.

Murray missed the first three Grand Slams of the year after undergoing hip surgery in January and although he says he is feeling "a little bit better each day" ahead of his return to action, it would be asking too much of him to win the tournament for a first time.

Chances: If he can get back to full fitness he will have better chances to win a Grand Slam at Wimbledon and Flushing Meadows.

Marin Cilic

Odds: 20/1
Age: 30
Grand Slam titles: 1
Australian Open titles: 0

Cilic had one of the most successful years of his career in 2018, reaching the final of the Australian Open and the last eight at Wimbledon and the US Open.

Last year, Cilic twice came from a set down to square the final with Federer but ran out of steam as the Swiss took the deciding set 6-1 to win his 20th Grand Slam title.

Chances: Looks happy with his game and pushed Djokovic all the way in Paris, so could be a threat once again at a decent price in the Australian Open betting odds.

Nick Kyrgios

Odds: 22/1
Age: 23
Grand Slam titles: 0
Australian Open titles: 0

Kyrgios recently revealed he has been seeing psychologists in a bid to "get on top of his mental health" and while that process is still ongoing, the home hope is one to avoid in the betting.

The Australian has slumped in the rankings after another inconsistent, injury-prone and controversial season during which he was accused of not trying in Shanghai for the third year in a row, although this time he avoided a fine.

Chances: Until Kyrgios fully addresses his problems, he won't be joining our Australian Open tennis betting tips.

Kei Nishikori

Odds: 25/1
Age: 28
Grand Slam titles: 0
Australian Open titles: 0

The three-time quarter-finalist missed his favourite Grand Slam last year after a torn tendon in his right wrist resulted in a six-month lay-off.

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The Japanese only returned to the main tour in February but fought his way back into the world's top 10 on the back of excellent runs to the quarter-finals at Wimbledon and last four at the US Open, rounding off his season at the ATP Finals in London where he failed to advance from the round-robin stage.

Chances: Has reached at least the fourth round in his last six appearances in Melbourne and should go well again.

Karen Khachanov

Odds: 30/1
Age: 22
Grand Slam titles: 0
Australian Open titles: 0

Khachanov had a sensational 2018, winning three tournaments which included a maiden Masters 1000 title in Paris where he beat four top-10 players on the way to defeating Novak Djokovic in the final.

The talented Russian looks to have a big future ahead of him and is our trader's outside tip at 30/1 to win a maiden Grand Slam this month.

Chances: With some of the big-name players struggling with injury or out altogether, could go deep into the tournament.

Dominic Thiem

Odds: 35/1
Age: 25
Grand Slam titles: 0
Australian Open titles: 0

The Austrian reached the fourth round for the second year in a row in 2018 but the highlight of his year came on his beloved clay surface when he made it to the final of the French Open, where inevitably he lost to Nadal.

Thiem won three titles in 2018 which ensured he qualified for the ATP Finals for the third year in a row but the feeling remains he lacks a cutting edge to land one of the major trophies.

Chances: Should get into the second week but anything else will be a bonus.

Traders' Tips - View from the trading floor

Djokovic goes into the Australian Open as the red hot favourite and the most likely winner, but the value lies in Karen Khachanov who had his number in Paris. The young Russian proved against Djokovic he has the weapons to compete with the world's best players and become a superstar over the next few years. With so many at the top of the betting struggling with injury and form (Nadal, Murray and Del Potro to name but a few), Khachanov can go deep down under. With a little bit of luck with the draw, he can hopefully avoid Djokovic until the final and will fancy his chances against any of the other top players in the world right now.

Warren Barner
@warren_barner in Tennis