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The first of the four tennis Grand Slams of 2019 is finally here. With the Australian Open kicking off next Monday, the odds for the men's and women's champion are now available on FanDuel Sportsbook.

The tournament, which is held at Melbourne Park in Australia, runs from Jan. 14 to 27 and will be the 107th edition of the tournament. Last year's men's champion, Roger Federer, has the second-best odds (+480), according to FanDuel Sportsbook, behind only top-seeded Novak Djokovic (+115).

Fourth-seeded Alexander Zverev, the youngest player ranked in the top 10 by the Association of Tennis Professionals (ATP), has the third-best odds (+850) followed by second-seeded Rafael Nadal at +900. That Nadal is seeded higher but has longer odds says a lot about just how good Zverev has been and how dominant Federer and Djokovic continue to be in Melbourne. Roger and The Joker share a joint record of six Australian Open titles.

There's a huge drop off after those four, but one thing that stands out is two of the top 11 in odds face off in the first round of the tournament. An unseeded Nick Kyrgios (+3000) takes on 16-seed Milos Raonic (+3800), which is simply a tough draw for Raonic. This is the kind of matchup that would usually happen in the quarterfinals.

This will be the first Australian Open to feature final set tie-breaks, which could favor those participants with big serves. If the match reaches 6-6 in the final set, the first player to score 10 points and be leading by at least two points wins the match. Also, for the first time in the history of the men's competition, a 10-minute heat break will be allowed after the third set.

The women's odds are unusual as last year's women's singles championCaroline Wozniacki, has the 10th-best odds to win (+2300), according to FanDuel Sportsbook.

The 16 seed, Serena Williams, has the best odds to win at +440 while top-seeded Simona Halep is next at +900. But if the chalk ends up winning out in top quarter of the bracket, Serena and Halep will face off in the fourth round.

Another fun note is that Serena didn't actually win a tournament in 2018, yet she's still favored to win the first Major of 2019.

No matter who you bet on to win the men's or women's title, it should be an exciting next few weeks of Grand Slam tennis.

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