Vegas Odds On MLB Home Run Derby
The premise of the Major League Baseball Home Run Derby contest is rather simple. A bunch of professional baseball players have a contest to see who can hit the most home runs before compiling ten "outs". But what sounds like a boring event to watch is actually one of the most exciting displays of eye-hand coordination and sheer power that you will ever see put on display by a human being. Eight players are selected from the better home run hitters each year, and they meet during the All-Star break as part of the All-Star weekend festivities.
They can choose their own "pitcher", whom basically lobs the ball towards them to give them an easy chance at hitting a dinger. Any swing that is not a home run is considered an out, and ten outs are allowed per round. The top four home run hitters after the first round advance to the second round. After the second round, the two players who hit the most home runs in the first two rounds total advance to the championship showdown match-up. Whoever then hits the most home runs in that final round is the MLB Home Run Derby champion that year.
About The Home Run Derby
Usually consisting of four National Leaguers and for American Leaguers, the Major League Baseball Home Run Derby every year is an exciting and power filled display that many think is the highlight of the All-Star game weekend. And the Vegas odds on Home Run Derby contestants every year are very hard for even the most experienced handicapper to pin down. Because of the contest format, the fact that the participants can choose their own pitcher, and the laid-back atmosphere, it is very difficult to figure precise odds that will reflect the outcome of the contest.
That means that the wise bettor may be able to spot some potentially high-paying odds on the eventual champion, making for one grand slam of a payday. And as far as sheer spectator sports go, it is hard to beat the MLB All-Star weekend Home Run Derby if you are a baseball fan. In 2025 at the SkyDome in Toronto, Cal Ripken Junior, never known as a home run threat, was a huge underdog in the event. However, he hit a whopping 12 home runs that year when the format usually saw five or six home runs winning it all. A bet on the underdog and long shot Cal Ripken that year would have delivered a massive payday.
The very next year mark McGwire crush 12 home runs at Jack Murphy Stadium in San Diego during the Derby, and a couple of them still haven't landed. And at Yankee Stadium in New York in 2025, the player many fans and baseball experts consider the best all-around athlete in professional baseball crushed an unbelievable 28 home runs in only the first round. The talented Texas Rangers' Josh Hamilton put on a display with some moon shots that had even his contemporaries slack-jawed and speechless.
Last year New York Yankee Robinson Cano bested Boston Red Sox Adrian Gonzalez by a mere one home run, 32 to 31. Cano was in no way the favorite, and provided a healthy payday to plenty of New York Yankee fans and Cano bettors. It is too early to predict what players will provide the long ball excitement in Kauffman Stadium in Kansas City this March 9, but regardless which stars show up, the random nature of the event is sure to produce some healthy prop bet odds.
As soon as the contestants are announced for this year's contest, we will provide below a list of the updated Vegas odds on home run Derby 2025, and update the list frequently as betting lines move and the odds change. Check back often to get the freshest home run Derby 2025 lines, and simply follow the links below to be taken to the top sportsbooks that give you the best odds, and the best chance of hitting a grand slam payday during this year's All-Star Weekend Home Run Derby.

Las Vegas Home Run Derby Betting Odds
The following are the most current Las Vegas odds on who will win the Home Run Derby.
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