Best betting apps, sites, promos for 2025 MLB Home Run Derby
Here's a look at how and where you can bet on the 2025 MLB Home Run Derby
Some of the most powerful hitters in the majors will take center stage on Monday night for the 2025 MLB Home Run Derby. There will not be a back-to-back champion, as 2024 winner Teoscar Hernandez is not in the 2025 Home Run Derby field. Mariners slugger Cal Raleigh leads the MLB in home runs (38), and he headlines the 2025 Home Run Derby odds at the top MLB sportsbooks. Raleigh is aiming to become both the first switch-hitter and catcher to win the event, which is being hosted by Truist Park in Atlanta. There are eight players in the field, with the top four home run hitters from the first round advancing to the semifinals, which are seeded based on first-round performance.
Here is a look at the most popular sportsbook promos from the top betting sites users can secure to make wagers on the 2025 Home Run Derby.
Where to bet on 2025 Home Run Derby
| Sportsbook | Bonus offer | Promo code |
|---|---|---|
FanDuel | Bet $5, Get $150 in bonus bets if you win | No code required |
DraftKings | Bet $5, Get $150 in bonus bets instantly | No code required |
BetMGM | Up to $1,500 in bonus bets back if your first bet loses | CBSSPORTS |
Fanatics | Bet and Get up to $1,000 in No Sweat Bets | No code required |
bet365 | Bet $5, Get $150 in bonus bets win or lose | CBSBET365 |
| Caesars | Bet $1, double your winnings your next 10 bets | CBSDYW |
FanDuel, DraftKings and bet365 are all offering users $150 in bonus bets when they make an initial wager of $5 or more. Only FanDuel is requiring users to win their first wager in order to secure those bonus funds.
BetMGM and Fanatics are also offering bonus bets, but in a different way. BetMGM will cover a user's first bet with up to $1,500 in bonus bets, but users must wager at least $1,500 to be eligible for the full amount. Fanatics is covering up to $1,000 in bonus bets, but users must wager $100 per day for 10 consecutive days to be eligible for the full $1,000.
Caesars has gone away from bonus bets, offering users 10 100% profit boosts when they wager $1 or more with the sportsbook instead.
Betting on the 2025 Home Run Derby
Raleigh told reporters earlier in the season that he would participate in the Home Run Derby if given the opportunity, and he has kept his word. The star catcher is trying to become the second Mariner to win the Derby, with Ken Griffey Jr. winning it three times. He will have to defeat other big hitters like James Wood (Nationals), Junior Caminero (Rays) and Byron Buxton (Twins).
DraftKings Sportsbook has Raleigh listed as the +295 favorite (risk $100 to win $295), followed by Pirates slugger Oneil Cruz, even though he has the fewest homers in the field (16). Cruz hits the ball harder than anyone in baseball, leading all qualified players in average exit velocity. He is the seventh Pirate to enter the event and the first since Josh Bell in 2019.
Wood (+450) is third on the MLB odds board, joining Bryce Harper and Juan Soto as the three players to represent the Nationals in the Derby since they moved to Washington in 2005. Ronald Acuna Jr. was supposed to be the crowd favorite in Atlanta, but he had to withdraw due to back tightness. He was replaced by teammate Matt Olson, who rounds out the top four in the odds at +800.
Olson is participating in his second Home Run Derby after hitting 23 homers in the first round of the 2021 Derby at Coors Field. He led the majors with 54 homers in 2023 and has the fifth-most in the majors since 2022 (134). The Atlanta native will have more crowd support than anyone else on Monday night, making him an intriguing MLB Home Run Derby pick on sports betting apps.
Responsible gaming
All sportsbooks offer tools for users to practice responsible gaming, such as setting deposit limits, tracking betting activity, taking timeouts and using self-exclusion measures. Sportsbooks provide contact information for state and national helplines, such as 1-800-GAMBLER, for those who need additional assistance. Some platforms, like DraftKings and BetMGM, also have a live chat feature where users can get in touch with the support team 24/7.
