- The most valuable Home Run Derby odds are on Jose Ramirez, who has +1200 odds to win in his second Home Run Derby appearance.
- Two-time winner Pete Alonso is the betting favorite with +275 odds.
- Adolis Garcia has +450 odds to win the Home Run Derby in front of a home crowd.
ARLINGTON, Texas – Pete Alonso is favored to win his third Home Run Derby crown on Monday night with +275 odds, but it’s Jose Ramirez who could steal the show. Ramirez is way undervalued at USA online sportsbooks with +1200 odds to win the 2024 Home Run Derby.
Betting Odds To Win the Home Run Derby
- Pete Alonso +275
- Gunnar Henderson +425
- Adolis Garcia +450
- Marcell Ozuna +450
- Bobby Witt Jr. +550
- Teoscar Hernandez +1000
- Jose Ramirez +1200
- Alec Bohm +2000
Ramirez’s 23 home runs this season ranks third in the field, trailing only Gunnar Henderson (27) and Marcel Ozuna (24). However, comparing home run totals and betting odds at MLB sportsbooks for players like Bobby Witt Jr. (+550) and Pete Alonso (+275) show the value of Ramirez on Monday night.
| Player | MLB Season Home Runs | Home Run Derby Odds |
|---|---|---|
| Gunnar Henderson | 27 HRs | +425 |
| Marcell Ozuna | 24 HRs | +450 |
| Jose Ramirez | 23 HRs | +1200 |
| Teoscar Hernandez | 19 HRs | +1000 |
| Pete Alonso | 18 HRs | +275 |
| Adolis Garcia | 17 HRs | +450 |
| Bobby Witt Jr. | 15 HRs | +550 |
| Alec Bohm | 11 HRs | +2000 |
Bet Ramirez (+1200), Avoid Witt Jr. (+550), and Alonso (+275)
A serious right thumb injury (that eventually required surgery) made Ramirez bat right-handed in the 2022 Home Run Derby, where he was eliminated in the first round. Ramirez expects to bat left-handed and is fully healthy, but oddsmakers at Texas online sportsbooks are relying too much on past Home Run Derby History.
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That’s especially true in the case of two-time winner Pete Alonso, who is favored to win the Home Run Derby despite only having the fifth-most home runs this season of the field. Bobby Witt Jr. is another excellent hitter but his 15 home runs this season prove he’s overvalued at +550 odds to win the Home Run derby.
Zach graduated from Florida State University after majoring in Writing, Editing, and Media with a minor in Communication. He has a passion for sports betting and specializes in DFS for NFL, NBA, and MLB. At the casino, you can find Zach playing blackjack or roulette.
