Here are the current Australian Open Tennis odds on who will win the 2011 Aussie Open!

How do you make money betting on tennis? Rafael Nadal is currently +175 to win the Australian Open, while Roger Federer is currently the favorite at +150.

• Bet $100 on NADAL to win $175
• Bet $100 on FEDERER to win $150

Current Men's odds

• Rafael Nadal +175
• Roger Federer +150
• Novak Djokovic +950
• Andy Murray +950
• Juan Martin Del Potro +8000
• Robin Soderling +1700
• Tomas Berdych +8000
• David Nalbandian +5000
• Jo Wilfried Tsonga +10000
• Marin Cilic +20000
• Gael Monfils +8000
• Fernando Verdasco +15000
• Marcos Baghdatis +25000
• Richard Gasquet +50000
• Ernests Gulbis
• John Isner +25000
• Stanislas Wawrinka +25000
• Mikhail Youzhny +25000
• Mardy Fish +40000
• David Ferrer +20000
• Fernando Gonzalez
• Lleyton Hewitt
• Philipp Kohlschreiber +50000
• Jurgen Melzer +25000
• Nikolay Davydenko
• Gilles Simon +20000
• Andy Roddick +6000

2011 WTA Australian Open

Odds to win

• Serena Williams
• Kim Clijsters +150
• Justine Henin +500
• Caroline Wozniacki +700
• Victoria Azarenka +1700
• Maria Sharapova +1900
• Venus Williams +1200
• Vera Zvonareva +1100
• Samantha Stosur +1400
• Ana Ivanovic
• Svetlana Kuznetsova +5000
• Jelena Jankovic +5000
• Dinara Safina
• Yanina Wickmayer +15000
• Na Li +2500
• Maria Kirilenko +20000
• Francesca Schiavone +20000
• Marion Bartoli +10000
• Alisa Klebyanova +6000
• Shahar Peer +20000
• Flavia Pennetta +15000
• Aravane Rezai
• Daniela Hantuchova
• Melanie Oudin
• Nadia Petrova +15000