Updated:
Jul 12, 2026 , 01:09 PM ET
• 4 min read
Hometown hero Kyle Schwarber is the favorite to win the 2026 Home Run Derby, the annual appetizer to the MLB All-Star Game.
Photo By – Reuters Connect. Philadelphia Phillies designated hitter Kyle Schwarber.
The MLB All-Star Game festivities kick off at Citizens Bank Park, home of the Philadelphia Phillies, on Monday, July 13 with the 2026 Home Run Derby.
Kyle Schwarber (+378) tops the field of eight in the MLB odds, but he has company in the form of Junior Caminero (+426).
Let’s dive deeper into the 2026 Home Run Derby odds.
Odds to win the 2026 Home Run Derby
Odds as of 7-12.
Enjoying Covers content? Add us as a preferred source on your Google account
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 second 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.
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
Popular MLB futures markets
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.
- 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
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.
Pages related to this topic
