Shohei Ohtani The Betting Favorite To Win All-Star Home Run Derby

Posted on July 12, 2021 - Last Updated on March 20, 2024

We’re halfway through the baseball calendar, so that means it’s time for some MLB All-Star action.

The Home Run Derby is a fan-favorite, and you can bet on the event using online sportsbooks in Indiana.

The Derby will be taking place on July 12 at 8 p.m. You can catch the event live on ESPN.

Get up to $1,000 at Caesars Sportsbook
Get up to $1,000 at Caesars Sportsbook
$1,000 First Bet
On Caesars
Caesars Sportsbook Review
  • Up to $1,000 Back as a Bonus Bet if Your Bet Loses
  • Stream NFL Games In-App for Free
  • 21+ Gambling problem? Call 1-800-GAMBLER
  • Use Promo Code: PLAYIN1000

Home Run Derby odds

Gamblers love to bet on MLB games in Indiana.

This year’s All-Star events are taking place at Coors Field in Denver, Colorado. That includes the Home Run Derby.

The Derby is one of the highlights of the MLB season since many of the sport’s best hitters will be going head-to-head.

It will come as no surprise to baseball fans, but Shohei Ohtani is the favorite right now over at BetMGM IN Sportsbook.

  • Shohei Ohtani: +290
  • Joey Gallo: +450
  • Pete Alonso: +550
  • Matt Olson: +675
  • Juan Soto: +800
  • Trevor Story: +800
  • Salvador Perez: +900
  • Trey Mancini: +1,100

Home Run Derby prop betting

Hoosiers wagered over $60 million on baseball during June alone. Home Run Derby bets will help add to July’s numbers.

You can bet on more than just the winner of of the event, too. FanDuel has a ton of prop bets out there for it.

For example, you can bet on whether or not any of the contestants will reach the final round of the event. Ohtani has the best odds to reach the final at +165.

Betting on the length of the longest home run is also on the table. Right now, the over/under value is set at 518.5 feet.

You can also wager on which player will hit the longest homer tonight. Joey Gallo is the +240 favorite for that bet.

Who will hit the most home runs? Which players will win their individual matchups? How many total home runs will there be during the Derby?

All of these and more are available for betting at Indiana’s sportsbooks. Feel free to shop around a bit to find the wagers that work best for you.

2021 MLB All-Star Game betting odds and props

The All-Star Game itself will be taking place on July 13 at 7:30 p.m. You can catch all the Coors Field action live on FOX.

The National League is the slight favorite to win this year’s matchup.

DraftKings has the largest selection of prop betting options out there for the All-Star game right now.

For example, you can place a bet on whether or not a batter will hit a triple during the game. The odds are dead even between “no” and “yes” at -110.

You can also wager on a Home Run Derby contestant to hit a home run during the All-Star Game. “No” is the -220 favorite right now with “yes” trailing at +175.

Other types of bets are also available, such as how many runs will be scored in the first five innings.

If you’re looking for something different to bet on outside of the typical moneyline, total, and spread, then head on over to DraftKings for the full list of betting options.

PointsBet MLB All Star odds boost

PointsBet Indiana is offering an odds boost promotion specifically for the Home Run Derby.

The sportsbook is hoping to cash in on the Shohei Ohtani hype with the deal.

Ohtani is currently leading baseball with 33 home runs. That’s an impressive total for the first half of the season.

PointsBet’s promotion is boosting Ohtani’s odds to win the Derby up to +300.

There is a max bet of $100 for the deal, but that still makes this a nice way to add a little more value to your bet if you were planning to wager on Ohtani.

BetRivers Home Run Derby Boost

BetRivers Indiana also has a great deal out there for bettors.

The sportsbook’s promotion is handing out bonus bets for gamblers that wager on the Derby.

To qualify for the deal, you’ll have to bet at least $50 on any player to win the Home Run Derby.

Once you do, BetRivers will credit you with a $1 bet for every home run that your player hits during their best round.

For example, if bet on Ohtani to win and he hits 20 homers during his best round, then you’ll win $20 worth of bonus bets at BetRivers.

What makes this deal special is the fact that you’ll win the bonus bets regardless of whether the or not the player you bet on wins the Derby.

Barstool Game Cycle Insurance

One of Indiana’s newest sportsbooks is making sure that it doesn’t miss out on the MLB All-Star Game action.

Barstool Sportsbook is looking to attract MLB gamblers with its latest promotion.

The company’s “All-Star Game Cycle Insurance” is a solid way to take out some of the risk in baseball betting.

So how does the deal actually work?

In a nutshell, it’s a type of insurance for All-Star Game gamblers. If you bet at least $50 on the moneyline for either All-Star team, then Barstool will refund you some money if your team loses.

The more hits your team gets, the more money you’ll earn back if your bet loses. The tier breakdown for the refunds works like this:

  • $1 for every single
  • $2 for every double
  • $3 for every triple
  • $5 for every home run
  • $10 for every grand slam

This could be a pretty fun option for sports bettors who were already looking to wager on the All-Star Game.

Since this is a unique deal for Penn National’s brand, you’ll have to sign up for Barstool Sportsbook to take advantage of the promotion.

Photo by Associated Press
Jake Garza Avatar
Written by
Jake Garza

Jake Garza is a US Gambling Industry Analyst for Catena Media. He specializes in Midwest sports betting and casino content. Prior to covering the legal gambling industry, he spent time as a professional sports writer, reporting on teams such as the Cincinnati Bengals, Indianapolis Colts and Indiana Pacers. Garza is currently working as a Managing Editor for PlayIndiana and PlayOhio, with previous stops at other well-known brands such as PlayIllinois and PlayMichigan. He has been covering the gambling industry since 2019, and currently works with a team of other journalists to provide comprehensive coverage of the legal U.S. gambling industry.

View all posts by Jake Garza