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How accurate are the ATP Australia Open odds?

The closing prices of 922 finished games since Sun 9 Jan 2022, set against what happened: the chance the market gave, with the bookmakers' margin removed, next to how often it came in. A record of what the market did, not a tip.

The market's record

922 games, 2 bookmakers
  • Closing favourite won 70% 647 of 922 games
  • Market Brier score 0.372 0 is perfect; a coin flip scores 0.500
  • Average closing payout 94.3% 100% minus the bookmakers' margin
  • Games covered 922 Sun 9 Jan 2022 to Sun 1 Feb 2026

73 of the 995 games finished in that time are left out: no bookmaker had a closing price on every outcome.

Market chance against what happened

0-10% chance: happened 1.3% of 78 selections 10-20% chance: happened 11.3% of 150 selections 20-30% chance: happened 26.6% of 203 selections 30-40% chance: happened 34.8% of 247 selections 40-50% chance: happened 47.0% of 234 selections 50-60% chance: happened 52.8% of 254 selections 60-70% chance: happened 65.2% of 247 selections 70-80% chance: happened 73.4% of 203 selections 80-90% chance: happened 88.7% of 150 selections 90-100% chance: happened 98.7% of 78 selections 100% 0%
Market said 0%100%
Happened
Market chancePriceSelectionsMarket saidHappenedDiff
0-10% 10.00 or longer 78 6.8% 1.3% -5.5 pts
10-20% 5.00 to 10.00 150 15.2% 11.3% -3.9 pts
20-30% 3.33 to 5.00 203 25.7% 26.6% +0.9 pts
30-40% 2.50 to 3.33 247 35.3% 34.8% -0.5 pts
40-50% 2.00 to 2.50 234 44.6% 47.0% +2.4 pts
50-60% 1.67 to 2.00 254 55.0% 52.8% -2.2 pts
60-70% 1.43 to 1.67 247 64.7% 65.2% +0.5 pts
70-80% 1.25 to 1.43 203 74.3% 73.4% -0.9 pts
80-90% 1.11 to 1.25 150 84.8% 88.7% +3.9 pts
90-100% 1.11 or shorter 78 93.2% 98.7% +5.5 pts

Every priced outcome of every game is one selection. "Market said" is the bookmakers' average implied probability with the margin removed; "Happened" is how often that outcome came in. On the diagonal the market was right on average; above it, that kind of result happened more often than the prices said. Bands with fewer than 30 selections are left out.

Home, away

OutcomeMarket saidHappenedDiff
Home win 49.9% 47.6% -2.3 pts
Away win 50.1% 52.4% +2.3 pts

The market's average closing chance for each outcome over all 922 games against the share of games it won. "Home" is the first-named side.

Bookmaker accuracy

lower is better
BookmakerGamesBrier scorevs market averagePayout
Bet365 643 0.360 +0.004 94.7%
Unibet 678 0.366 -0.001 94.2%

Each bookmaker's own closing prices, margin removed, scored against the results of the games it priced; "vs market average" compares it with the bookmakers' average on the same games, so a negative figure means its prices were the closer. Bookmakers with fewer than 50 priced games are left out. Differences of a few thousandths are noise; a much higher score usually means the bookmaker's last price was captured well before the start, so it is the price in our archive being scored, not the trader.

Odds accuracy FAQ

How accurate are ATP Australia Open odds?
Across 922 finished ATP Australia Open games since 2022, the closing favourite won 70% of the time. The market's closing chance, with the bookmakers' margin removed, gave the home side 49.9% on average and home wins happened 47.6% of the time. The bands above show the same comparison price by price: a well-calibrated market has outcomes happening about as often as its prices say.
What is a Brier score?
The squared distance between the chances a bookmaker's prices gave and what happened, averaged over games: 0 would be perfect foresight, and on a three-way market a coin-flip price scores 0.667. The market average's closing prices score 0.372 in this league; the lowest single bookmaker is Bet365 at 0.360. Differences of a few thousandths between bookmakers are noise, not skill.
Does a well-calibrated market mean the odds cannot be beaten?
Calibration says the market is right on average, not on every game. A band where outcomes happened more often than the prices said is where the closing market under-priced that kind of result over these seasons. The bookmaker's margin, about 5.7% here, still has to be cleared: the closing line value calculator shows what a price needs to beat.