2025 Home Run Derby Odds: Cruz & Raleigh Spearhead the Competition

Oneil Cruz, owner of the hardest-hit ball in Statcast history, and MLB home run leader Cal Raleigh headline a star-studded 2025 Home Run Derby field.

Trevor Knapp - Betting Analyst at Covers.com
Trevor Knapp • Betting Analyst
Jul 10, 2025 • 20:22 ET • 4 min read
Oneil Cruz Pittsburgh Pirates MLB
Photo By - Imagn Images. Pittsburgh Pirates outfielder Oneil Cruz takes a cut.

The field has been set for the 2025 Home Run Derby, which helps kick off All-Star festivities on Monday, July 14.

O'Neil Cruz (+330) and Cal Raleigh (+370) are the frontrunners in the MLB odds, while Atlanta Braves outfielder Ronald Acuna Jr. (+400) attempts to play hometown hero with the event at Truist Park.

Let's dive deeper into the 2025 Home Run Derby to help with your MLB picks.

Odds to win the 2025 Home Run Derby

Player 2025 HRs FanDuel
Pirates Oneil Cruz 16 +330
Mariners Cal Raleigh 36 +370
Braves Ronald Acuna Jr.  11 +400
Nationals James Wood 24 +600
Twins Byron Buxton 20 +950
Rays Junior Caminero 22 +1,000
Yankees Jazz Chisholm 17 +1,000
Athletics Brent Rooker 19 +1,200

Odds as of 7-10.

2025 MLB Home Run Derby field and favorites

The Home Run Derby is Monday, and Pittsburgh Pirates superstar Oneil Cruz is drawing the shortest odds at +330, with home run leader Cal Raleigh trailing close behind at +370.

Ronald Acuna Jr. (+400) is the only participant in this year’s field with Home Run Derby experience, having competed in 2019 and 2022 — both times falling to Pete Alonso.

All but one participant (Brent Rooker) is listed with odds shorter than +950, and the Top 5 are all between +330 and +950.

2025 MLB Home Run Derby rules

Round 1

  • Batters have 3 minutes or 40 pitches (whichever comes first).
  • Once time expires, a bonus round begins with no time limit but only three outs — any swing that doesn't result in a home run counts as an out.
  • Bonus boost: Any homer hit 425+ feet earns one extra out in the bonus round.

Semifinals & Finals

  • Rounds are shortened to 2 minutes or 27 pitches.
  • Bonus round rules stay the same as Round 1.
  • In the event of a tie, a 60-second swing-off takes place.
  • If still tied, batters move to three-swing sudden death rounds until a winner is declared.

Popular MLB futures markets

Recent Home Run Derby winners

Year Winner
2024 Dodgers Teoscar Hernandez
2023 Blue Jays Vladimir Guerrero Jr.
2022 Nationals Juan Soto
2021 Mets Pete Alonso
2020 Cancelled - COVID 19
2019 Mets Pete Alonso
2018 Nationals Bryce Harper
2017 Yankees Aaron Judge
2016 Marlins Giancarlo Stanton
2015 Reds Todd Frazier
2014 A's Yoenis Cespedes
  • Only five players have won the Home Run Derby and recorded the most home runs in the regular season in the same year.
  • Vladimir Guerrero Jr. won the Home Run Derby in 2023, breaking a streak of four straight NL winners.
  • The Home Run Derby title has been shared by two players twice in the event’s history (1986, 1989).
  • Ken Griffey Jr., Yoenis Cespedes, and Pete Alonso are the only players to defend their Home Run Derby title in back-to-back years successfully.

MLB Home Run Derby FAQ

Pages related to this topic

Trevor Knapp - Covers
Betting Analyst

Trevor joined the Covers content team as a publishing editor in early 2022. Growing up in Vancouver, he studied Broadcast and Online Journalism at the British Columbia Institute of Technology (BCIT), and interned with TSN and Sportsnet Radio while also writing for the Daily Hive.

An avid bettor of the MLB, NFL, and CFL, Trevor advises his fellow sports bettors to leave their hearts at the door and not hesitate to fade their favorite team. It's a strategy he follows regularly as an apathetic Indianapolis Colts and Toronto Blue Jays fan.

Popular Content

Covers is verified safe by: Evalon Logo GPWA Logo GDPR Logo GeoTrust Logo Evalon Logo