2024 MLB Home Run Derby odds, picks, predictions; Pete Alonso favored to win

The MLB All-Star break is here and Monday is one of the best days on the baseball calendar, the Home Run Derby! 

Last year’s winner, Vladimir Guerrero Jr, will not be in the field to defend his title. 

Instead, Pete Alonso is favored to win the event at +320. He has 19 home runs on the season. 

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This will be Alonso’s fifth consecutive Derby appearance. He won it in his first two attempts, in 2019 and 2021, before falling short the past two years. 

With a win, Alonso can put his name in the history books, as Ken Griffey Jr. is the only player to win the Derby three times. 

Can he make history Monday night?

Let’s take a look at the full betting board at DraftKings Sportsbook as of July 15. 

Pete Alonso, Mets: +320 (bet $10 to win $42)
Marcell Ozuna, Braves: +425 (bet $10 to win $52.50)
Bobby Witt Jr, Royals: +425 (bet $10 to win $52.50)
Gunnar Henderson,

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