The 2026 MLB All-Star Game festivities kick off at Citizens Bank Park, home of the Philadelphia Phillies, with tonight's Home Run Derby.
Kyle Schwarber (+344) tops the field of eight in the MLB odds, but he has company in the form of Junior Caminero (+456).
Let's dive deeper into the Home Run Derby odds for Monday, July 13, and don't miss Colby Marchio's Home Run Derby predictions!
Odds to win the 2026 Home Run Derby
| Player | 2026 HRs |  |
|---|---|---|
 Kyle Schwarber |
32 | +344 |
 Junior Caminero |
28 | +456 |
 Munataka Murakami |
20 | +488 |
 Jac Caglianone |
15 | +669 |
 Jordan Walker |
22 | +681 |
 Ben Rice |
29 | +809 |
| Bryce Harper |
20 | +826 |
 Willson Contreras |
20 | +1199 |
Odds as of 7-13.
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2026 MLB Home Run Derby field and favorites
Kyle Schwarber currently holds the lead in the season-long home-run race, so it makes sense that he's favored in this competition, especially in his home stadium. Ben Rice is his next-closest competitor, yet he sits third from the bottom in this market.
Junior Caminero is in close pursuit following a recent power surge that saw him hit 11 dingers between June 23 and July 4. He was the Home Run Derby runner-up to Cal Raleigh in 2025.
Junior Caminero goes yard AGAIN 🔥
— MLB (@MLB) July 11, 2026
He belts an opposite-field shot, giving him homers on back-to-back days! pic.twitter.com/KjnEEXxpD1
Munataka Murakami would probably have more homers by now but for a multi-week injury. He is one to watch for on Monday night.
2026 MLB Home Run Derby rules
The Home Run Derby timer that's been in place since 2015 has been abolished, and a new format has been put in place. Here's a quick breakdown of how it works:
- Round 1: 20 swings for each batter.
- Round 2 & Finals: 15 swings for each batter.
- Each swing, homer or not, counts. There are no "outs."
- If a player homers on his final swing in any round, he may keep going until he does not homer.
- No bonus rounds.
- No "bracket" for the first round.
- Tiebreakers: home run distance in Round 1, three-swing "swing-offs" in Rounds 2 & Finals.
Recent Home Run Derby winners
| Year | Winner |
|---|---|
| 2025 |  Cal Raleigh |
| 2024 |  Teoscar Hernandez |
| 2023 |  Vladimir Guerrero Jr. |
| 2022 |  Juan Soto |
| 2021 |  Pete Alonso |
| 2020 | Canceled - COVID-19 |
| 2019 | Pete Alonso |
| 2018 | Bryce Harper |
| 2017 | Aaron Judge |
| 2016 |  Giancarlo Stanton |
Popular MLB futures markets
- MLB World Series odds
- MLB Cy Young odds
- MLB Rookie of the Year odds
- MLB playoff odds
- MLB HR title odds
Home Run Derby trends
- Only six players have won the Home Run Derby and recorded the most home runs in the regular season in the same year. Cal Raleigh (2025) was the last to pull it off.
- 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 successfully defend their Home Run Derby title in back-to-back years.
MLB Home Run Derby FAQ
Kyle Schwarber is the 2026 Home Run Derby favorite.
Cal Raleigh of the Seattle Mariners won the 2025 Home Run Derby.
Since MLB first brought the Home Run Derby to All-Star festivities in 1985, Ken Griffey Jr. has won the event on three separate occasions (1994, 1998, 1999). Pete Alonso, Yoenis Cespedes, and Prince Fielder have each won twice.
The Home Run Derby will be held at Citizens Bank Park, home of the Philadelphia Phillies.
