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Australian Open Odds Update: New Women’s Favorites After No. 1 Player Loses

There are two new co-favorites to win the 2023 Australian Open women’s tournament after No. 1 seed Iga Swiatek was eliminated over the weekend. The latest 2023 Australian Open odds put the defending Wimbledon champion as a top choice, along with an American trying to reach her first Grand Slam semifinal.

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Elena Rybakina, the No. 22 seed who defeated Swiatek in straight sets, is now favored in the 2023 Australian Open odds (+320 at DraftKings), along with Jessica Pegula (+320), who as No. 3 is the top remaining seed in the women’s draw.

“For sure, when you play against No. 1, I think you have really nothing to lose,” Rybakina told ESPN after defeating Swiatek 6-4, 6-4. “I knew that I had to be aggressive from the first ball because she’s a great mover, and she defends really well. So I was trying to just attack her from the first ball, and it really worked well.”

Rybakina was as high as +2700 in the opening 2023 Australian Open odds. She is a -205 favorite to win her quarterfinal match against Jelena Ostapenko.

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Pegula reached the Australian Open quarterfinals for the third year in a row, defeating Barbora Krejcikova 7-5, 6-2. At PointsBet, Pegula is the +300 favorite over Rybakina (+350).

Pegula next plays Victoria Azarenka, a two-time Australian Open champion. Pegula is a -275 favorite against Azarenka, who is +210.

“I definitely want to reach a semi. It will be my first semi. I mean, I have a great shot here,” Pegula told ESPN. “I feel more confident, I feel more experience being in this position.”

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Pegula, whose parents own the Buffalo Bills, also reached the quarterfinals of Wimbledon and U.S. Open last year.

“I’ve been playing the best I have than in any of my other Grand Slam quarterfinals. That, I think, helps,” she said.

Rybakina, a Russia-born player who represents Kazakhstan, defeated Ons Jabeur to win the Wimbledon championship last year. Jabeur, the No. 2 seed in Australia, was eliminated in the second round.

Swiatek was the consensus favorite in the opening 2023 Australian Open Odds, as low as +200 at Caesars Sportsbook.

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