Williams cut for Australia
Serena Williams is 7/4 to win the Australian Open after justifying favouritism at Flushing Meadows in New York.
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Williams duly justified the short prices quoted about her for the US Open with her three-set defeat of Victoria Azarenka and bookmakers reacted by cutting her price for victory in the first Grand Slam event of 2014.
A top price of 5/2 for victory in Melbourne following this year's tournament, Williams' price has been trimmed throughout the year with the bookies particularly keen to get the scissors out over the past fortnight.
The world number one is now a top price 7/4 with Sky Bet to reclaim a title that she last held in 2010.
Sunday's defeated finalist, Azarenka, will head to Australia seeking to win the season's first Slam for the third successive year; a feat that hasn't been achieved since Martina Hingis dominated the tournament at the end of the last century.
The 24-year-old Belarusian was quoted at 3/1 to retain her crown and the bookmakers haven't seen enough to alter their position.
Sky Bet are also top price at 13/8 about Williams retaining the French Open title that she reclaimed in June and the same odds are offered by the Leeds firm and William Hill for victory at Wimbledon.