Australian Open Men's Betting: 1/50 Djokovic dumped out by 47/1 Wawrinka

Wawrinka was matched at 48.0 before beating Djokovic
Wawrinka was matched at 48.0 before beating Djokovic

Novak Djokovic was matched at a low of 1.021/50 on the Betfair Exchange before losing a five-set Aussie Open classic to Stan Wawrinka, who traded at a high of 48.047/1...

"Well over £1.9m was matched on Djokovic at 1.11/10 and below, with a further £2.17m matched at 1.111/9. Of the £17,048,355 matched on the Match Odds market, £16,315,339 was on the Serb."

Eighth seed Wawrinka - picked out as a 70.069/1 back-to-lay bet by Sean Calvert in his tournament preview - wasn't given much of a chance by the Betfair layers after losing the first set but a superb performance saw him fightback to win the next two sets.

Roared on by new coach Boris Becker, Djokovic then levelled at 2-2 and was expected to complete the victory but Wawrinka dug deep and emerged victorious.

Well over £1.9m was matched on Djokovic at 1.11/10 and below, with a further £2.17m matched at 1.111/9. Of the £17,048,355 matched on the Match Odds market, £16,315,339 was on the Serb.

Incredibly, Wawrinka only traded as favourite once during the entire game, at match point.

Djokovic's defeat - also predicted by the Betfair Contrarian ahead of the tournament - has blown the outright market open, with Rafael Nadal now overwhelming favourite at around 2.01/1.

Wawrinka - who has been matched at a high of 420.0419/1 in the outright market - is now second favourite at 6.611/2 as both Andy Murray (7.413/2) and Roger Federer (7.413/2) are in Nadal's half of the draw. 

Murray faces Federer at 08:30 tomorrow UK time, with the Scot a slight outsider at 2.111/10 and the Swiss available to back at around 1.910/11.

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