2024 MLB Home Run Derby Odds, Props Preview | Winner, Longest HR, More

2024 MLB Home Run Derby Odds, Props Preview | Winner, Longest HR, More article feature image

2024 MLB Home Run Derby Odds (Outright Winner)

Player2024 HR CountOdds
Pete Alonso (New York Mets)19+275
Gunnar Henderson (Baltimore Orioles)28+350
Bobby Witt Jr. (Kansas City Royals)16+400
Marcell Ozuna (Atlanta Braves)26+500
Adolis Garcia (Texas Rangers)17+550
Teoscar Hernandez (Los Angeles Dodgers)19+1100
Jose Ramirez (Cleveland Guardians)23+1400
Alec Bohm (Philadelphia Phillies)11+1800

Odds as of 6:08 p.m. ET Monday (via ESPN Bet)

The field for the best All-Star event in all of sports — the Home Run Derby (Monday, July 13 at 8 p.m. ET on ESPN) — is set. Of the eight participants, seven are All-Star selections, with the exception of Rangers outfielder Adolis Garcia (+500), who will have home-field advantage performing at Globe Life Field.

Once again, Mets slugger Pete Alonso (+340) is the betting favorite to win the event. A two-time HR Derby winner (2019, 2021), Alonso is attempting to join Hall of Famer Ken Griffey Jr. as the only players to win three times. This will be the fifth career Derby appearance for the Polar Bear.

First-time participants include Marcell Ozuna (+400), Gunnar Henderson (+500), Bobby Witt Jr. (+475), Teoscar Hernandez (+950) and Alec Bohm (+1600). Six-time All-Star Jose Ramirez (+1300) will be competing for the second time after a lackluster performance in 2022 in which he was ousted early by eventual champion Juan Soto.

Below, we'll get into the new Home Run Derby format and then odds for numerous prop markets, including distance of longest homer, player with longest homer, total homers and more.

MLB Home Run Derby Odds | Expert Predictions, Bets, Preview Image

All Home Run Derby odds below via DraftKings.

Home Run Derby Format Changes

MLB has tweaked the format for this year's Derby — there is no seeding in the first round as the eight participants will try to hit as many homers as possible, with the top four advancing to the semifinal stage. In the event of a tie between multiple players, longest home run distance will be the tiebreaker.

In the semifinals, the event switches to No. 1 vs. No. 4 and No 2 vs. No. 3 — this seeding is determined by the amount of home runs hit in the first round.

As far as time per round, that remains the same — three minutes for the first two rounds, two minutes for the final round. However, there is now is a maximum amount of pitches that a hitter can see per round. The first round and semis conclude after three minutes or 40 pitches are thrown to the batter (whichever comes first). The final round is capped at two minutes or 27 pitches.

Bonus time has also received a facelift. Rather than an automatic 30 seconds of extra time (plus potentially 30 additional seconds if a player hits two homers of 440 feet), contestants now get three outs. If a contestant launches a HR of at least 425 feet during this bonus period, he gets a fourth out to work with.

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Individual Props by Player

Pete Alonso

Highest Recorded Exit Velocity HR
Over 113.5 mph  (+100)  |  Under 113.5 mph (-120)

Distance of Longest HR
Over 466.5 ft  (-110)  |  Under 466.5 ft  (-110)

Marcel Ozuna

Highest Recorded Exit Velocity HR
Over 111.5 mph ( -110)  |  Under 111.5 mph (-110)

Distance of Longest HR
Over 469.5 ft  (-110)  |  Under 469.5 ft  (-110)

Bobby Witt Jr.

Highest Recorded Exit Velocity HR
Over 113.5 mph ( -105)  |  Under 113.5 mph (-115)

Distance of Longest HR
Over 475.5 ft  (-110)  |  Under 475.5 ft  (-110)

Gunnar Henderson

Highest Recorded Exit Velocity HR
Over 111.5 mph ( -110)  |  Under 111.5 mph (-110)

Distance of Longest HR
Over 461.5 ft  (-110)  |  Under 461.5 ft  (-110)

Adolis Garcia

Highest Recorded Exit Velocity HR
Over 112.5 mph ( -120)  |  Under 112.5 mph (+100)

Distance of Longest HR
Over 458.5 ft  (-110)  |  Under 458.5 ft  (-110)

Teoscar Hernandez

Highest Recorded Exit Velocity HR
Over 111.5 mph ( +100)  |  Under 111.5 mph (-120)

Distance of Longest HR
Over 459.5 ft  (-110)  |  Under 459.5 ft  (-110)

Jose Ramirez

Highest Recorded Exit Velocity HR
Over 111.5 mph ( +105)  |  Under 111.5 mph (-125)

Distance of Longest HR
Over 449.5 ft  (+105)  |  Under 449.5 ft  (-125)

Alec Bohm

Highest Recorded Exit Velocity HR
Over 109.5 mph ( +100)  |  Under 109.5 mph (-120)

Distance of Longest HR
Over 449.5 ft  (+100)  |  Under 449.5 ft  (-120)

Player to Hit Longest Home Run

Bobby Witt Jr. is the betting favorite to hit the longest home run. While that may surprise some, it shouldn't — Witt has the longest home run of all Derby participants this season with a 468-foot shot — the fourth-longest HR this season — against the Tigers in May.

The long-shot AL MVP candidate (+2000) also has the longest average HR distance in the field at 418 feet, which ranks sixth overall in MLB.

PlayerOdds
Bobby Witt Jr.+145
Marcell Ozuna+360
Pete Alonso+450
Gunnar Henderson+900
Teoscar Hernandez+1100
Adolis Garcia+1100
Jose Ramirez+1300
Alec Bohm+1700

Distance of Longest Home Run

  • Over/Under 485 feet (-110/-110)

Total Home Runs Hit

  • Over/Under 263.5 (-110/-110)

Most Home Runs in Round 1

Already the favorite to win the Derby outright, Pete Alonso also paces the most homers in Round 1 market. Because the four-time All-Star is obsessed with this event, we have a large sample of how he fares.

Alonso has averaged 22.5 home runs in Round 1 over four appearances. He has had the most first-round homers just once, with a Derby-record 35 dingers in 2021. His lowest total was 14 in 2019, when he barely edged out Carlos Santana to advance to the semifinals.

PlayerOdds
Pete Alonso+360
Marcell Ozuna+425
Gunnar Henderson+500
Adolis Garcia+500
Bobby Witt Jr.+550
Teoscar Hernandez+850
Jose Ramirez+950
Alec Bohm+1000

Total Home Runs Hit (Round 1)

  • Over/Under 156.5 (-110/-110)

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