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Heading into Tuesday, the Australian Open odds only show eight ladies left standing for the first crown jewel of the WTA season. Each of these eight women think that they can be the ones that really get the job done to claim glory.

All eyes are going to be on Kim Clijsters (1.35 to 1 @ BetUS Sportsbook), who is the favorite to take down the title. Clijsters has a relatively favorable draw to get through the rest of this tournament, while the opposite end of the bracket is clearly incredibly tough. The No. 3 seeded player in the world has yet to drop a set, and she has been one of the most consistent women to take to the hard courts in Melbourne.

Meanwhile, the top seed, Caroline Wozniacki (3.9 to 1@ BetUS Sportsbook) continues to battle both with the media and with an incredibly tough schedule. The Dane has been the subject of two very odd media story involving a pregnancy that isn’t, and a kangaroo bite that wasn’t. However, she, too has yet to drop a set. The problem with backing Wozniacki though, is that she has never won a Grand Slam title and that she really hasn’t played anyone of any note thus far in the tournament. That’s going to change when she takes on No. 6 Francesca Schiavone (48 to 1@ BetUS Sportsbook), who does know what it’s like to win a major tournament having won the French Open last year. Schiavone is up against it though on Tuesday, as she is coming off of a hellacious three set win in which the finale was won 16-14, the longest match in the history of Grand Slam women’s tennis.

If you’re looking for feel good stories, you have to love the way that Andrea Petkovic (22 to 1@ BetUS Sportsbook) and Petra Kvitova (16 to 1@ BetUS Sportsbook) have looked thus far. They are the highest seeds remaining in the draw, but many think that their fine play can lead them to some tremendous upsets.

Should Na Li (5 to 1@ BetUS Sportsbook) beat the Australian Open lines, she would become the first Chinese woman to ever capture a Grand Slam event. She’s got a tough road in front of her though, as Petkovic and either Schiavone or Wozniacki will make for tough foes to get to the finale.

Odds to Win Women’s Australian Open @ BetUS Sportsbook (as of 1/24/11):
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Kim Clijsters 1.35 to 1
Caroline Wozniacki 3.9 to 1
Na Li 5 to 1
Vera Zvonareva 7 to 1
Petra Kvitova 16 to 1
Andrea Petkovic 22 to 1
Francesca Schiavone 48 to 1
Agnieszka Radwanska 100 to 1

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If you’re an Australian Open betting nut, you absolutely love what you have seen thus far on the men’s side of the tournament, as the mass majority of the big names are still alive and well.

Rafael Nadal (1.4.5 to 1@ BetUS Sportsbook) has shown a few missteps along the way, but he has ultimately blown past his first round competitors without all that many issues, and he has really seen his side of the bracket open up dramatically. Yes, going up against the No. 7 seed, David Ferrer (150 to 1@ BetUS Sportsbook) won’t be the easiest thing in the world, but the greatest news in the world is that Robin Soderling, a man that has had some great success (relatively speaking, anyway) against some of the best players in the world, is out of this field is noteworthy.

The man that did the deed in the fourth round of this event is the one person on either half of the draw that you have probably never heard of. Alexandr Dolgopolov (100 to 1@ BetUS Sportsbook) is a Ukranian player who is ranked just No. 46 in the world. The 22 year old is playing in his first Aussie Open and just his fourth ever Grand Slam event. He only had three wins in his career before this point on the biggest stages on the ATP Tour, and now he has claimed four scalps just in a span of a week. Now, he has a huge challenge though, as No. 5 Andy Murray (4.85 to 1@ BetUS Sportsbook) has arguably been playing the best tennis out of any player on the men’s side of the draw. Murray hasn’t dropped more than three games in any set in this tournament, and he has absolutely coasted to a 12-0 record in sets thus far in Melbourne.

Of course, on the other half of the table, the biggest names are all still alive. Both Novak Djokovic (8 to 1@ BetUS Sportsbook) and Tomas Berdych (48 to 1@ BetUS Sportsbook) made it through relatively easy brackets to make it to the quarterfinals, and both hope that they can make it just two more steps to get to the finale. The two will be facing off against one another on Tuesday, and a Swiss man will be awaiting the winner’s arrival.

Of course, it seems like a foregone conclusion that the Swiss hero that we are speaking of will be the great Roger Federer (2.5 to 1@ BetUS Sportsbook). However, Federer has definitely shown some chinks in the armor in the rounds leading up to this one down under, including needing five sets to outlast Tommy Robredo. Now, he has to take on the man that he won the Gold Medal with in the 2008 Summer Olympics, Stanislas Wawrinka (44 to 1@ BetUS Sportsbook), who is coming off of the biggest match of his career, a victory over American, Andy Roddick in the fourth round.

Odds to Win Men’s Australian Open @ BetUS Sportsbook (as of 1/23/11):
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Rafael Nadal 1.45 to 1
Roger Federer 2.5 to 1
Andy Murray 4.85 to 1
Novak Djokovic 8 to 1
Stanislas Wawrinka 44 to 1
Tomas Berdych 48 to 1
Alexander Dolgopolov 100 to 1
David Ferrer 150 to 1