US Open 2023 betting odds, picks, best bets: Novak Djokovic, Carlos Alcaraz sit as hefty favorites

Nick Musial

US Open 2023 betting odds, picks, best bets: Novak Djokovic, Carlos Alcaraz sit as hefty favorites image

The US Open is upon us. A total of 128 players are attempting to win seven matches over 14 days to claim tennis' final Grand Slam of 2023.

Dafabet has released its championship odds. While the odds imply the '23 Men's draw is a two-person race between the ATP's No. 1 and No. 2 ranked players, Carlos Alcaraz and Novak Djokovic, even the sports' best players are susceptible to an upset in this best-of-five set format. 

Will Alcaraz defend his title, winning his second straight Grand Slam and US Open? Can Djokovic take advantage of a favorable draw, adding another Grand Slam to his mantle? Is there a sleeper or long shot who can break through en route to a US Open championship, shocking the tennis world?

Below, we'll list the current US Open championship odds via Dafabethighlighting the odds-on favorites, sleepers, and long shots who can contend for the season's final Grand Slam.

MORE: Who is the current men's world No. 1? | Who is the current women's world No. 1?

US Open 2023 betting odds

Odds courtesy of DafabetClick here for more odds and sign up for Dafabet today!

Player Odds
Novak Djokovic 1.90
Carlos Alcaraz 2.75
Daniil Medvedev 8.50
Jannik Sinner 15.00
Aelxander Zverev 29.00
Stefanos Tsitsipas 34.00
Andrey Rublev 51.00
Hubert Hurkacz 51.00
Casper Ruud 51.00
Frances Tiafoe 41.00
Tommy Paul 67.00
Taylor Fritz 29.00
Matteo Berrettini 81.00

US Open 2023 betting odds: Favorites

Novak Djokovic 1.20  

Fresh off an epic come-from-behind victory over Alcaraz in the Western and Southern Open Final, Djokovic is the betting favorite to win his fourth US Open and 24th Grand Slam. Considering Djokovic's path to the quarterfinals is arguably the easiest of the top eight seeds, it's no surprise to see "Nole" atop the odds board.

Djokovic breezed through his first four opponents in his first hard-court tournament since February, securing straight-set victories over Alejandro Davidovich Fokina, Gael Monfils, Taylor Fritz, and Alexander Zverev.

Down a set and a break to Alcaraz and dealing with heat exhaustion, Djokovic found a way to get revenge in the Western and Southern Open finale. Nole showcased his greatness in what was objectively one of the best ATP 1000 finals, justifying his pricing as the man to beat in Queens.

When projecting his path to the US Open finals, he's essentially a shoo-in to the quarterfinals, as he'll be a heavy favorite in his first four matches. A potential quarterfinal matchup against seventh-seeded Stefanos Tsitsipas could be challenging. Still, Djokovic has had Tsitsipas' number, winning 11 of their 13 head-to-head matches, most recently taking him down in straight sets during the Australian Open finals.

Unless a high seed on his side of the bracket, like Tsitsipas, Holger Rune, or Casper Ruud, gets upset relatively early, we won't see his championship odds fluctuate much until the fourth round or so.

If you aim to bet on Djokovic to win the US Open, you don't necessarily have to get your bet in before his first match, as he'll likely hover around the +100 mark until the fourth round.

Additionally, if you think he will match up against Alcaraz in the finals, then it's worthwhile to bet him before the quarterfinals. Djokovic closed around -165 (implied probability: 62.26 percent) leading into his most recent match against Alcaraz, so it's likely he's priced similarly in a potential rematch at Arthur Ashe Stadium.

Carlos Alcaraz 2.75 (implied probability: 36.36 percent)

The defending champ owns the second-best odds entering the US Open at +175.  Although Alcaraz had a match-point opportunity against Djokovic in Cincinnati this past Sunday, his path to the championship was far from smooth. Each of Alcaraz's first four matches in Cincinnati went the distance, as he needed a third set to get past Jordan Thompson, Tommy Paul, Max Purcell, and Hubert Hurkacz.

Despite not playing his best tennis, the world No. 1 still managed to grind out three-set victories while taking the lead on Djokovic, proving why he's atop the ATP rankings. He likely won't have much trouble getting to the quarterfinals, but a potential matchup against sixth-seeded Jannik Sinner or 12th-seeded Alexander Zverev could be a slip-up spot. Alcaraz is 3-3 all-time against Sinner and has lost three of five matches against Zverev, so don't be surprised to see the top seed head home a bit earlier than expected.

While we'd love to see the 20-year-old win his second-straight US Open, the path to the finals is fairly brutal. It's never easy fading the world No. 1, but his path to another US Open title is too challenging to warrant betting him at +175.

US Open 2023 betting odds: Sleepers

Hubert Hurkacz 51.00 (implied probability: 1.96 percent)

Hurkacz enters the US Open in solid form, most recently falling to Alcaraz (6-2, 6-7, 3-6) in the Western and Southern Open semis. Hurkacz had a match-point opportunity against Alcaraz, but he couldn't quite put away the relentless Spaniard.

Despite a heartbreaking loss to the world No. 1, Hurkacz's massive serve that's yielded a 17.6-percent ace rate this season, per Tennis Abstract, could help the No. 17 seed break through to his first-career Grand Slam win. He'll likely have to get past 2021 champion and third-seed Daniil Medvedev in the quarters, but Hurkacz owns a 3-2 head-to-head record against him, winning the past two matches.

At 50-1, we think Hurkacz's odds present an opportunity to make a relatively small wager on the Pole to dominate his service games en route to a deep run at the US Open.

Tommy Paul 67.00 (implied probability: 1.49 percent)

If there's an American who can compete for a US Open title and become the first American to win the Grand Slam since Andy Roddick, it's Paul. The No. 14 seed took out Alcaraz in the Toronto Open quarterfinals (6-3, 4-6, 6-3) and almost did it again in the Round of 16 in Cincinnati (6-7, 7-6, 3-6), proving he can compete with the best of them.

Paul's a live underdog in a potential fourth-round matchup against fourth-seeded Rune if Rune's able to overcome a back injury that's resulted in consecutive one-and-dones in Toronto and Cincinnati. He's on the same side of the bracket as Djokovic, but it's never an easy path to a title for someone with 66-1 odds, so he'll have to pull off some upsets if he wants to claim his first career Grand Slam.

Despite Paul ranking behind fellow Americans Taylor Fritz and Frances Tiafoe, we think he has the best chance of any American to win it all on his home soil.

Other sleepers to consider: Casper Ruud (51.00), Alejandro Davidovich Fokina (101.00)

Nick Musial

Nick Musial Photo

Nick Musial is a Content Producer at The Sporting News. He recently joined the team after studying sport management and journalism at the University of Kansas. Nick’s an avid sports bettor who’s always looking for value.