Laureus World Sports Awards 2026 Odds: Alcaraz & McLaughlin Lead Ahead of Madrid Ceremony

Carlos Alcaraz and Sydney McLaughlin-Levrone headline Laureus 2026 betting markets, with the world’s top athletes set to be honoured in Madrid on April 20.
Laureus World Sports Awards 2026 Odds: Alcaraz & McLaughlin Lead Ahead of Madrid Ceremony
Jake Ashton
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I break betting odds news as it happens, so you’re never left behind when the market moves or a top offer lands.

  • Carlos Alcaraz leads Sportsman of the Year betting at 8/11
  • Sydney McLaughlin-Levrone heads Sportswoman market at 5/6
  • McLaren F1 team among favourites for Team of the Year

Madrid Set for Global Sporting Showcase

The 2026 Laureus World Sports Awards take place on Monday, April 20 at the Cibeles Palace in Madrid, with the world’s biggest sporting names recognised across multiple categories.

Often referred to as the “Athletes’ Awards,” the ceremony celebrates standout achievements from the past year and betting markets are already highlighting the likely winners across the headline categories.

With a mix of tennis stars, Olympic champions and global team success stories, the markets across major betting sites reflect a strong year for individual brilliance and elite performance.

Sportsman of the Year Odds

Carlos Alcaraz heads the market at 8/11 following another standout year, with the Spanish star’s dominance and global appeal making him a strong contender on home soil.

Mondo Duplantis (6/4) is the closest challenger, with the pole vault world record holder continuing to redefine his discipline.

AthleteOddsImplied Probability
Carlos Alcaraz8/1157.9%
Mondo Duplantis6/440.0%
Jannik Sinner6/114.3%
Tadej Pogacar10/19.1%
Marc Marquez12/17.7%
Ousmane Dembele14/16.7%

Sportswoman of the Year Odds

Sportswoman of the Year
OddsImplied Probability
Sydney McLaughlin-Levrone5/654.5%
Katie Ledecky13/838.1%
Aryna Sabalenka6/114.3%
Aitana Bonmati6/114.3%
Faith Kipyegon8/111.1%
Melissa Jefferson-Wooden12/17.7%

Sydney McLaughlin-Levrone leads the way at 5/6 after another dominant year on the track, with her record-breaking performances putting her firmly at the top of the market.

Katie Ledecky (13/8) remains a major contender, while football and tennis stars add depth to a competitive field.

Team of the Year Odds

Team of the Year
OddsImplied Probability
McLaren Formula 1 TeamEVS50.0%
Oklahoma City Thunder2/133.3%
Paris Saint-Germain7/222.2%
European Ryder Cup Team6/114.3%
England Women’s Football Team10/19.1%
India Women’s Cricket Team10/19.1%

McLaren head the Team of the Year market as even-money favourites, reflecting a hugely successful season in Formula 1.

The Oklahoma City Thunder (2/1) and Paris Saint-Germain (7/2) follow, highlighting the global spread of contenders across different sports.

Tennis and Athletics Dominate Individual Markets

A clear theme across the individual awards is the dominance of tennis and athletics.

Alcaraz and Sinner feature prominently in the men’s category, while Sabalenka also appears in the women’s market, underlining tennis’ global reach.

Meanwhile, athletes like Duplantis and McLaughlin-Levrone showcase the continued impact of track and field stars on the world stage.

What the expert says...
The Laureus Awards often favour global impact and standout achievements. Alcaraz and McLaughlin-Levrone both tick those boxes, especially with the added spotlight of a European ceremony.

Jake Ashton - Sports Betting Expert - OLBG.com

Where To Bet on Laureus Awards Markets

Markets like the Laureus World Sports Awards are gaining traction across betting sites, particularly as interest in awards-based betting continues to grow.

With global recognition on the line, these markets often attract attention alongside major sporting events, with bookmakers offering enhanced odds and free bets around high-profile ceremonies.

If you’re looking to explore more novelty and awards betting, our guide to the best entertainment betting sites highlights platforms offering a wide range of markets across sport, TV and global events.

Entertainment Betting Sites: Best Bookmakers Compared on Reality TV, Entertainment and Novelty Bets
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Entertainment Betting Sites: Best Bookmakers Compared on Reality TV, Entertainment and Novelty Bets

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