Home Run Derby 2021 Odds, Should Ohtani Be Favored?

  • Shohei Ohtani has anywhere from +250 to +300 odds to win the Home Run Derby as the favorite.
  • Joey Gallo is the second option with odds of +350 with Pete Alonso in the mix at +450 as well.
  • Trey Mancini and Salvador Perez have +1000 odds as the longest shots in the bracket.

DENVER – The 2021 Home Run Derby will take place at Coors Field in Denver, Colorado. Given the elevation and the participants, it’s sure to be an exciting event.

Shohei Ohtani will be the event’s headliner and also the favorite despite pulling a tough first-round matchup.

Home Run Derby Winner Odds

  • Shohei Ohtani +300
  • Joey Gallo +350
  • Pete Alonso +450
  • Juan Soto +500
  • Trevor Story +600
  • Matt Olson +750
  • Trey Mancini +1000
  • Salvador Perez +1000

Who Will Win The Derby?

Although Ohtani is the favorite and biggest draw for the event, he may not be the best bet. He is leading the league in home runs, but online gambling sites may not have considered the tough path he has to win the event.

Ohtani will face Juan Soto in the first round and while Soto hasn’t hit too many home runs this season, certainly has the power to give Ohtani a run for his money and knock him out early. For this reason, people betting on the Home Run Derby may be best off avoiding the favorite.

Pete Alonso could very well be the best bet as he is a proven winner in the event. Sportsbooks list Alonso with the third-shortest odds but could be undervalued considering he is the reigning champion. Alonso earned the bonus time in every round last time around and often didn’t even need it in order to win.

Plus, he’s facing Salvador Perez in the first round who has the longest odds of any competitor.

Other Betting Possibilities

Some sportsbooks, like Bovada, are offering interesting bets, allowing bettors to choose ‘Yes’ or ‘No’ for the athletes to win the Derby. Some notable odds are Ohtani not to win at -360 and Matt Olson not to win at -900. In an eight-man tournament, there isn’t going to be a ton of value on betting somebody to lose, but ultimately that’s up to the individual.