2024 MLB Home Run Derby Outright Odds

The 2024 MLB Home Run Derby takes place on July 15, and some of baseball's best sluggers are taking part.

New York Mets first baseman Pete Alonso, a Home Run Derby veteran with two wins to his name, opens as the favorite to win his third Derby.

Marcell Ozuna, Gunnar Henderson, Bobby Witt Jr., Teoscar Hernandez and Alec Bohm are all making their Derby debuts. Can any of them contend?

MLB Home Run Derby 2024 Odds - To Win Outright

Pete Alonso	+320
Marcell Ozuna	+400
Adolis Garcia	+475
Gunnar Henderson	+500
Bobby Witt Jr.	+550
Teoscar Hernandez	+1000
Jose Ramirez	+1200
Alec Bohm	+1600

Pete Alonso of the New York Mets is the favorite to win the Home Run Derby. He has 19 home runs this season - tied for 15th in the league - and has the edge in terms of Home Run Derby experience.

Atlanta Braves designated hitter Marcell Ozuna is fourth in MLB with 26 home runs and is the second-favorite to win the award. The 2024 Derby will be his first time participating in the event.

Texas Rangers outfielder Adolis Garcia, who burst onto the scene with some incredible power-hitting feats in the 2023 MLB Playoffs, is third in the odds. He has 17 homers this season, good for joint-20th in MLB.

MVP candidate Gunnar Henderson, shortstop for the Baltimore Orioles, is fourth in the market. He is third in MLB with 28 home runs and a .584 slugging percentage.

Fifth in the odds is Kansas City Royals shortstop Bobby Witt Jr., who has 16 homers so far.

Further back in the odds are Teoscar Hernandez of the Los Angeles Dodgers, Jose Ramirez of the Cleveland Guardians, and Alec Bohm of the Philadelphia Phillies. Of those players, only Ramirez has Home Run Derby experience.

Odds displayed within this article were correct at the time of writing and are subject to change.