2024 MLB Home Run Derby Odds
Alonso Leads the Field
Pete Alonso is the favorite to win the 2024 MLB Home Run Derby, according to BetMGM. Alonso is listed at -280, which means you would need to bet $280 to win $100. He is followed by Juan Soto (+350), Ronald Acuña Jr. (+450), and Kyle Schwarber (+500). The odds for all eight participants are as follows:
2024 Home Run Derby Odds
| Player | Odds |
| Pete Alonso | -280 |
| Juan Soto | +350 |
| Ronald Acuña Jr. | +450 |
| Kyle Schwarber | +500 |
| Julio Rodríguez | +600 |
| Jeremy Peña | +700 |
| Bo Bichette | +800 |
| Gleyber Torres | +900 |
Alonso is the reigning Home Run Derby champion, and he is also the only player to have won the event twice. He will be looking to tie Ken Griffey Jr.'s record of three Home Run Derby wins this year. Soto is the only other player in the field to have won the event, and he did so in 2019. Acuña Jr. and Schwarber are both former All-Stars, and they are both known for their power hitting. Rodríguez is a rising star who is coming off a breakout season in 2023. Peña, Bichette, and Torres are all young players who have shown flashes of power in their careers.
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