When looking for the betting odds on a particular tennis player to win the Women’s Australian Open title on the hard courts in Melbourne, one is actually looking for the odds on that player ‘to win outright’.  OddsJet compares Women’s Australian Open outright winner odds from several reputable online sportsbook companies that serve customers in Australia and offer AUD accounts.  This allows OddsJet to display the best odds for every female player to win Australian Open outright so Australian bettors may maximize their potential returns.  It you wish to see a comparison of Women's Australian Open match odds, you will find them under WTA odds comparison.

Women’s Australian Open Futures and Ante Post markets explained  

Women’s Australian Open outright betting is the most popular Australian Open futures betting market on the ladies side.  Futures markets, also called Ante Post markets, are those that involve a wager that is contingent on a result that will happen more than a day or two into the future, as opposed to typical match odds that are set for wagers within 24 to 48 hours of the start of a match.   This means that you may actually wager on the Outright Winner nearly one year in advance of the actual result.  In general, the highest paying odds for Ante Post and futures betting markets will come before a tournament starts.  As ladies reach the later rounds of the tournament, the odds will shrink and pay less because there are fewer players in position to win the Daphne Akhurst Memorial Cup.  

Examples of Women’s Australian Open Outright odds expressed in American, Decimal and Fractional formats

For American odds format, there are two sets of expressions to remember, but both involve the figure of $100. First, negative numbers express how much one must to wager in order to potentially win a profit of $100 when odds are below even-money.  However, since there are so many potential winners, odds are rarely below even money, even on the heavy favorites.  Most odds will be above even-money and thus will come as a positive figure.  This positive figure expresses how much potential profit would be returned for a bet of $100.   For example, when you see odds of +390 on Maria Sharapova to win outright, you would need to stake $100 in order to receive a profit of $390, yielding a total return of $490.  Note that these expressions of $100 for American odds are just that, they are not restrictions for how much you may decide to wager.

With Decimal odds format, the odds express the full potential amount that will be returned on your wager including the stake amount.  This is reflected in that the first 1.00 represent your potential stake return.  To calculate your total return, simply multiply the Decimal odds by the stake. For example, if Petra Kvitova is listed at 15.50 to win the Australian Open outright, a $100 bet would return a total of $1,550 including your stake, so the potential profit would be $1,450. 

For Fractional format, the odds express the amount of potential profit that will be returned on a wager.  For example, with a wager of $100 and odds of 20/1 on Sam Stosur to win outright (said 20-to-1), one could see a profit of $2,000 (20 divided by 1, multiplied by $100) plus the stake amount for a total potential return of $2,100.  

Outright winner odds comparison for other Women's tennis majors

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Women’s US Open winner odds