​The 2026 MLB All-Star Game is scheduled for Tuesday at Citizens Bank Park in Philadelphia, Pennsylvania, but the excitement will begin a day earlier with an enticing Monday night showcase: the 2026 Home Run Derby. Eight competitors have stepped up to chase the crown, headlined by Philadelphia Phillies star Kyle Schwarber, who currently paces the league with 32 home runs this season. At BetMGM sportsbooks, Schwarber is the betting favorite at +300, while Tampa Bay Rays slugger Junior Caminero stands close behind at +425 and Chicago White Sox rookie Munetaka Murakami sits at +475.
Rounding out the field, Kansas City Royals right fielder Jac Caglianone has the fewest homers among the contenders with 14, yet he remains a top threat with +650 odds to win. He is followed by Seattle Mariners prospect Jordan Walker at +800, and both Bryce Harper of the Philadelphia Phillies and Ben Rice, each at +850, rounding out the notable bets.
BetMGM notes reveal Schwarber as the public’s favorite and the sportsbook’s biggest liability, capturing the largest share of wagers and handle. Specifically, Schwarber accounts for roughly 24.8% of bets and about 29.1% of total dollars wagered so far, indicating strong confidence in his ability to take home the derby crown. Caminero holds the second-highest share of bets (about 16.6%) and volume (roughly 17.2%), underscoring why he remains a popular pick among bettors.
On the outer edge of odds, Boston Red Sox catcher Wilson Contreras enters as the longest shot at 15-1. He also has the lightest bet activity among the group, drawing about 5.3% of wagers and only 2.4% of the total money wagered on him to win the event.
As fans study the Derby field, the lineup features a compelling mix of hitters with different styles and strengths. Kyle Schwarber’s prodigious power makes him the clear favorite, but Caminero, Murakami, and Caglianone each offer unique setups that could yield a surprise victory. The Derby’s appeal often lies in its unpredictability: a few long hitters can deliver dramatic, momentum-shifting rounds, while a few under-the-radar contestants can ride a hot streak to the top.
It’s worth noting that the 2025 Derby crowned Seattle Mariners catcher Cal Raleigh as the winner—the first catcher to take the title—yet Raleigh is not participating in this year’s event. This year’s Derby field brings a fresh mix of power hitters from multiple clubs, all aiming to entertain fans while chasing baseball lore.
As anticipation builds for the Home Run Derby, fans and bettors alike will be watching how the eight contenders navigate the big-stage atmosphere, the pressure of the derby format, and the ever-present possibility of record-setting blasts. With Schwarber leading the bets and a field that includes Caminero, Murakami, and Caglianone, the 2026 Derby promises to deliver thrilling swings, dramatic moments, and the kind of excitement that has made the event a fan favorite well beyond the sport of baseball.