MLB Odds: How to Bet on the Home Run Derby 2023

MLB Odds: How to Bet on the Home Run Derby 2023

It is now time for the MLB All-Star break, and that means we get to watch the 2023 MLB Home Run Derby tonight!

Pete Alonso is the favorite once again, but can he hold off spirited challenges from the likes of Vladimir Guerrero Jr., Julio Rodriguez, and debutant, Luis Robert Jr.?

Shohei Ohtani and Matt Olson are the two leading home runs hitters in Major League Baseball in 2023, but neither will be competing in tonight's event.

Check out our OddsChecker guide below, for all the best MLB Home Run Derby odds and picks!

Click the free bets button below to claim the best MLB Home Run Derby offers quicker than Pete Alonso can go yard for the first time tonight.

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2023 MLB Home Run Derby Preview

Pete Alonso (+310) comes in as the favorite for the 2023 Home Run Derby which is no surprise given his Home Run Derby experience, his brilliant Home Run record this season, and just his natural ability to go yard.

Vladimir Guerrero Jr. holds the record for the most home runs hit in an MLB Home Run Derby with 91, and he's also hit the most in one round (40). Despite his brilliant effort in 2019, he still lost to Pete Alonso, and he's not had a good season when it comes to home runs in 2023. His father won this event back in 2007.

You then have an exciting debutant in Luis Robert Jr. and last year's finalist, Julio Rodriguez, who will be hitting home runs tonight in his home ballpark, which should add some comfort.

Pete Alonso MLB Home Run Derby Odds

Pete Alonso has made three MLB Home Run Derby appearances. He has won twice and lost in the semi-final on those three occasions.

Alonso was knocked out by rookie, Julio Rodriguez last year, but he is tied for 3rd for home runs hit in 2023 with 26, and he will be keen to add to his Home Run Derby cabinet with a win again here.

You can bet on Alonso to win the 2023 MLB Home Run Derby at +310.

Vladimir Gurerrero Jr. MLB Home Run Derby Odds

Vladimir Guerrero Jr. hit the most home runs of any player in the 2019 MLB Home Run Derby with 91. That is the most by any player in one MLB Home Run Derby, but he still lost in the final to Pete Alonso.

Guerrero's 40 home runs in the 2019 second round were also the most by any player in a single round, so he's clearly got the firepower to make a big impact in this event.

This is Guerrero Jr's first appearance in the MLB Home Run Derby since his debut in 2019, and there's every chance he wins this event, but Guerrero Jr. has only hit 13 home runs so far this season.

He can be bet at +370 to win the 2023 MLB Home Run Derby.

Luis Robert Jr. MLB Home Run Derby Odds

Luis Robert Jr. will make his first start in the MLB Home Run Derby in 2023. He will look to emulate the success of Julio Rodriguez from last year, who made the final in his first appearance.

Robert Jr. currently sits T3 in the MLB Home Run Standings behind only Shoehei Ohtani (32) and Matt Olson (29). His 26 home runs this season match that of the favorite, Pete Alonso, and fellow participant, Mookie Betts.

+500 are the best odds you can get on Luis Robert Jr. to win the 2023 MLB Home Run Derby.

2023 MLB Home Run Derby Odds

Here are the odds for all eight 2023 MLB Home Run Derby participants courtesy of DraftKings Sportsbook.

• Pete Alonso (+310)
• Vladimir Guerrero Jr. (+370)
• Julio Rogriguez (+500)
• Luis Robert Jr. (+500)
• Adolis Garcia (+700)
• Randy Arozarena (+1000)
• Mookie Betts (+1100)
• Adley Rutchsman (+1800)

2023 MLB Home Run Derby Picks and Predictions

We like Pete Alonso's chances of winning that elusive third MLB Home Run Derby title and urge you to bet on him on DraftKings Sportsbook. This is because he is the best odds of +310 to win on their site and with the Bet $5, win $150 DraftKings promo code, you can bet on him to win and get a guaranteed bonus no matter what.

We also think Luis Robert Jr. will impress in his MLB Home Run Derby debut.

How to Watch The 2023 MLB Home Run Derby

The 2023 MLB Home Run Derby will be broadcast on:

• ESPN

ESPN will be showing the 2023 MLB Home Run Derby from 8 pm EST

You can also stream ESPN via Fubo or Sling.

The highlights for the 2023 MLB Home Run Derby will be on CBS Sports HQ.