2024 Home Run Derby Betting Guide

Share News

The Home Run Derby is one of the most thrilling events in sports, captivating fans with its display of power-hitting. This year’s derby promises to be an exciting spectacle with a stacked lineup of some of the best sluggers in Major League Baseball. 

As we gear up for this electrifying event, betting enthusiasts are already analyzing the MLB betting lines and evaluating the contenders’ odds.

Understanding the Derby Format and Rules

The Home Run Derby format has been designed to maximize excitement and competitiveness. Here’s a breakdown of how this year’s event will unfold:

First Round: All eight players will compete simultaneously, each getting 3 minutes or 40 pitches, whichever comes first, to hit as many home runs as possible. A single timeout is allowed for each player. The four with the most home runs move on to the semis.

Semifinals: The four remaining players are seeded 1-4 based on their home run totals from the first round. The matchups are set as 1 vs. 4 and 2 vs. 3. The rules remain the same as the first round: 3 minutes or 40 pitches per batter, with a single timeout for each player.

Finals: The final round features the two remaining sluggers in a head-to-head matchup. The action is slightly shortened to 2 minutes or 27 pitches per player, with one timeout allowed.

Additional Rules: Players get three bonus outs to hit more home runs after the initial time or pitch limit. If two hit the same number of homers, the most extended individual home run length breaks it. Home runs over 425 feet during bonus time can earn a bonus, adding even more opportunities for excitement.

The Contenders

This year’s lineup showcases a blend of rising stars and familiar faces. Each player brings unique strengths and betting potential:

Pete Alonso (New York Mets, 1B):

A seasoned Derby player, Pete Alonso is known for his incredible power and experience in high-pressure situations. With 18 home runs this season, he’s a strong contender and a solid choice for bettors.

Alec Bohm (Philadelphia Phillies, 3B): 

Alec Bohm is an underdog with solid upside potential. Despite his inconsistency, his impressive power at the plate makes him a high-risk, high-reward bet.

Adolis García (Texas Rangers, OF): 

Adolis García has had a breakout season with 17 home runs. His raw power and ability to perform under pressure make him an intelligent betting choice.

Gunnar Henderson (Baltimore Orioles, SS): 

Gunnar Henderson, a young talent with 27 home runs this season, has shown flashes of brilliance. Betting on Henderson is a gamble, but his potential for surprise is significant.

Teoscar Hernández (Los Angeles Dodgers, OF):

Teoscar Hernández, with 19 home runs this season, is a consistent power hitter. His reliability makes him a safe bet to make it to the finals.

Marcell Ozuna (Atlanta Braves, DH):

Marcell Ozuna is a wild card with 24 home runs this season. His unpredictable performance can turn the tide quickly, making him an exciting but risky bet.

José Ramírez (Cleveland Guardians, 3B):

José Ramírez, with 23 home runs this season, combines power and consistency. He is a balanced choice for bettors, offering reliability and potential for big moments.

Bobby Witt Jr. (Kansas City Royals, SS):

Bobby Witt Jr., a young star with 15 home runs this season, has shown he can handle pressure. Betting on Witt Jr. is a gamble due to his inexperience, but his significant upside makes him a sleeper pick.

Betting Strategies

When betting on the Home Run Derby, it’s crucial to consider each player’s strengths, experience, and recent performance. Power hitters with consistent performance, like Pete Alonso and José Ramírez, are safe bets. However, taking a chance on underdogs like Alec Bohm or young stars like Bobby Witt Jr. could result in significant returns if they perform well; whatever your choice, we strongly suggest checking the Home Run Derby odds before you place your bet and enjoy the show.