Novak Djokovic reigned supreme once again at Melbourne Park, lifting the trophy for a record-extending 10th time, and it is no surprise that he heads the betting for the 2024 Australian Open.
Djokovic overcame Stefanos Tsitsipas in straight sets in the 2023 final, meaning the Serbian only dropped one set during the entire tournament and also moved level with Rafael Nadal on 22 Grand Slam titles.
Having triumphed for a 10th time in Melbourne with relative ease, can anyone stop the 35-year-old from successfully defending his crown next year and will he already have moved ahead of Nadal in the all-time standings by then?
We have looked at the top 10 in the betting for the 2024 Australian Open.
What: 2024 Australian Open
Where: Melbourne Park, Australia
When: January 2024
Odds: Novak Djokovic 5/4, Carlos Alcaraz 7/2, Daniil Medvedev 9/2, Rafael Nadal 12/1, Stefanos Tsitsipas 12/1
Novak Djokovic
Outright odds - 5/4
Djokovic arrived in Melbourne with a point to prove after missing the 2021 edition and his performance has certainly sent a message to his fellow competitors - he is the man to beat.
The Serbian did have an injury scare in the early stages of the tournament, having suffered with a hamstring issue in rounds two and three, but he managed to shake off that problem to win the event.
Mentally and physically, Djokovic looks to have the edge over his rivals right now and it is hard to oppose him from triumphing for the 11th time next year.
Carlos Alcaraz
Outright odds - 7/2
The biggest miss of the 2023 Australian Open was the absence of Carlos Alcaraz, who was seen as a genuine rival to Djokovic but was ruled out of the tournament because of a leg injury.
Spain's rising 19-year-old star already has the US Open in his collection after claiming the spoils last year and the fact he has won one of the slams on a hard court bodes well for his chances at the 2024 Australian Open.
Daniil Medvedev
Outright odds - 9/2
After back-to-back final losses in 2021 and 2022, Daniil Medvedev suffered an early third-round exit at this year's Australian Open and he has now failed to make it past round four in his last three Grand Slam attempts.
The 2021 US Open champion is struggling to cut the mustard in the major events right now and he looks a little short in the betting for the 2024 event based on current form.
Rafael Nadal
Outright odds - 12/1
Former world number one Rafael Nadal was hampered by injury in his second-round exit in Melbourne this year and it remains to be seen whether he will ever compete in the first Grand Slam of the season again.
The Spaniard's injury issues have been racking up over the past couple of years and there is a possibility 2023 could be his last year on tour before calling it a day.
Another French Open title for the 36-year-old, priced at 5/2, shouldn't be discounted given his sensational record in Paris, but his outing in Australia is potentially the beginning of the end.
Stefanos Tsitsipas
Outright odds - 12/1
Stefanos Tsitsipas suffered Grand Slam final heartache for the second time, with his defeat in the 2021 French Open final now followed by his loss in Australia - both coming at the hands of Djokovic.
It only seems like a matter of time before the 24-year-old wins one of the 'big four' and history suggest the Australian Open is his best chance of achieving this. He had reached the semi-final three times before getting into the final this year.
Jannik Sinner
Outright odds - 16/1
Jannik Sinner has been showing huge potential over the past couple of years - winning six ATP Tour titles from 2020 to 2022.
He has never gone past the quarter-final stage of a Grand Slam but if he can keep developing his game for the rest of 2023, his current outright odds for the 2024 Australian Open could shorten by the time the tournament arrives.
Holger Rune
Outright odds - 18/1
Another rising star in the game is 19-year-old Holger Rune, who won three ATP Tour titles last year and achieved his best Australian Open finish when getting to the fourth round in 2023.
The Dane was making just his second singles appearance at Melbourne Park and if he can continue to progress at the rate he has been, there is every chance he could enjoy a deeper run Down Under next year.
Casper Ruud
Outright odds - 20/1
Norway's leading light is Casper Ruud and he has come close to winning his maiden Grand Slam, having lost in the finals of the French Open and US Open last year.
The 24-year-old hasn't really got to grips with the Australian Open yet, with his run of results reading Q3, 2R, Q1, 1R, 4R, A and 2R, and it's hard to back him with any conviction right now to triumph Down Under in 2024.
Felix Auger-Aliassime
Outright odds - 20/1
At 22 years of age, Felix Auger-Aliassime is still seen as a great talent but he is yet to really make his mark when it comes to the Grand Slams, with his best finish a run to the semi-finals at Wimbledon in 2021.
The Canadian has reached the last-eight stage of the Australian Open once, in 2022, and there is a suggestion his best chance of landing one of the 'big four' is at SW19, where the grass surface benefits his huge serve.
Alexander Zverev
Outright odds - 22/1
Will Grand Slam glory ever happen for Alexander Zverev? You would have been inclined to say yes a couple of years ago, but injury issues and a drop in form makes you think otherwise.
The German has reached one of the 'big four' finals, that coming at the 2020 US Open, while he has featured in a further four semi-finals and three quarter-finals.
Still 25 years of age, there is more than enough time for Zverev to break his duck, but he will want to get that monkey off his back sooner rather than later and avoid being the nearly man in his career.
