10 Best Home Run Derby Promos, Bonuses for New & Existing Users

10 Best Home Run Derby Promos, Bonuses for New & Existing Users article feature image

Jason Miller/Getty Images. Pictured: 2019 Home Run Derby champion Pete Alonso.

The MLB Home Run Derby is one of the most exciting sports events of the summer. Monday night will see eight sluggers aim at becoming the Home Run Derby Champion. Two-time Home Run Derby winner Pete Alonso is the favorite, but he'll have a strong challenge from Vladimir Guerrero Jr., Julio Rodriguez, and others.

The best online betting sites have released odds for the marquee event. The sign-up offers aren't exclusive to the Home Run Derby, but that doesn't mean you can't apply the offers to the event.

Thankfully, sportsbooks have Home Run Derby-specific promos and bonuses for existing users. Check out the best promos and bonuses for DraftKings, FanDuel, BetMGM, Caesars, and bet365.

Best Home Run Derby Offers for New Users

DraftKings Sportsbook

Offer: Bet $5, Get $150 In Bonus Bets Instantly!

States Available: AZ, CT, CO, NH, IL, IN, IA, LA, MD, MI, NJ, NY, PA, TN, VA, WV, WY

DraftKings Sportsbook allows new bettors to earn $150 in bonus bets following a $5 first bet. DraftKings instantly issues new users six $25 bonus bets after their first $5 bet.

The bonus bets will expire in seven days, so it's essential to use them quickly. It would be a good idea to use at least one or two of your $25 bonus bets on the Home Run Derby.

FanDuel Sportsbook

Offer: Bet $20, Get $200 in Bonus Bets – Guaranteed!

States Available: AZ, CO, IL, IN, IA, KS, LA, MA, MD, MI, NJ, NY, OH, PA, TN, VA, WV, WY

FanDuel Sportsbook has an excellent sign-up offer, allowing new customers to earn up to $200 in bonus bets. New customers will receive 10x the amount of their first bet up to $20 back in bonus bets. Bettors receive bonus bets regardless of the outcome of their first bet.

Users can place a $20 wager on any Home Run Derby prop. They could also make a first bet before the event, then use the bonus bets to wager on the Home Run Derby.

BetMGM Sportsbook

Offer: Get up to $1,000 Back in Bonus Bets if Your First Bet Doesn't Win!


States Available: AZ, CO, IL, IN, IA, LA, MA, MD, MI, NJ, OH, PA, TN, VA, WV, WY

BetMGM Sportsbook provides new bettors with a $1,000 first bet on the house. BetMGM takes your first bet and refunds you in bonus bets if it loses. The sportsbook matches your initial stake, so you'd only receive a $1,000 bonus bet if you lose that amount on your first bet.

For example, if you wager $100 on Randy Arozarena at +1000, you'd earn $1,100 ($1,000 in winnings and your $100 bet). Arozarena losing the Home Run Derby means you'll have a $100 bonus bet.

Caesars Sportsbook

Offer: Bet up to $1,250 on Any Market, Get Bonus Bets Back if You Don't Win!


States Available: AZ, CO, IL, IN, IA, KS, LA, MA, MD, MI, NJ, NY, OH, PA, TN, VA, WV, WY

The sign-up offer for Caesars Sportsbook serves the same purpose as BetMGM. They're both a first bet on the house, with new users receiving a bonus bet back if they lose their first bet. The only difference is the maximum you can earn in bonus bets at Caesars is $1,250.

Consider checking out Action Network's Home Run Derby Best Bets for a good pick.

bet365 Sportsbook

Offer: Bet $1+ and Get $200 in Bonus Bets!


States Available: CO, IA, NJ, OH, VA

New users at bet365 Sportsbook can earn $200 in bonus bets following a $1 wager on any prop with -500 odds or longer (-400 or +110). They need to make a $10 deposit to access this offer.

It's important to use your bonus bet on a plus-money prop. Check out our +EV betting guide for more information on using bonus bets.

Top Offers for Existing Customers

DraftKings Sportsbook

DraftKings Sportsbook offers a 50% profit boost for the MLB Home Run Derby. Bettors can wager up to $5 on any Home Run Derby prop with -500 odds or longer. This offer is available for a single prop or parlay.

Make sure you opt into the offer before placing your bet. Before confirming your Home Run Derby wager, you must select the 50% profit boost.

FanDuel Sportsbook

The offer for existing customers at FanDuel Sportsbook is very similar to DraftKings. FanDuel gives existing users a 30% profit boost for the Home Run Derby. Unlike DraftKings, this offer is only available for straight wagers.

Are you looking for a good bet for the FanDuel profit boost? Look no further than The Promoguy.

30% home run derby boost on Fanduel: pic.twitter.com/vPAElEwxxI

— The Promoguy (@ThePromoguy123) July 10, 2023

BetMGM Sportsbook

BetMGM Sportsbook is taking a different approach to offering a boost for existing customers. The Lion's Boost at BetMGM is boosting the odds of Adley Rutchman and Vladimir Guerrero Jr. advancing to the second round. The boost moves the odds from +310 to +400.

Rutschman is a big underdog to advance, but Guerrero Jr. is a massive favorite. Even if you doubt Rutschman, it's hard to pass up the value at +400.

Caesars Sportsbook

Caesars Sportsbook has long been heralded as an excellent sportsbook for its odds boosts. They continue that trend with the Home Run Derby, offering four boosts. Bettors can wager up to $100 on any boost. The only downside is they are longshots, so there's a slight chance they hit.

  • Pete Alonso, Adolis Garcia, Vladimir Guerrero Jr. & Adley Rutschman Each Win Home Run Derby 1st Round Matchup (+1000)
  • Randy Arozarena Most Home Runs in Home Run Derby First Round (+650)
  • Mookie Betts to Hit Longest Home Run in Home Run Derby (+1400)
  • Luis Robert Jr. Beats Julio Rodriguez in Home Run Derby Final (+2200)

bet365 Sportsbook

This may surprise some people, but bet365 Sportsbook is the clear winner for Home Run Derby promos for existing customers. They offer six odds boosts, and they aren't big longshots. Therefore, there's a strong chance at least one or two hit big for existing users. The only participants that don't have a boost are Vladimir Guerrero Jr. and Randy Arozarena.

  • Luis Robert Jr. To Win Outright (+500 –> +550)
  • Julio Rodriguez To Hit the Most Home Runs in the 1st Round (+360 –> +450)
  • Adolis Garcia To Have the Highest Recorded Exit Velocity on HR (+700 –> +800)
  • Pete Alonso To Hit the Longest Home Run (+350 –> +400)
  • Adley Rutschman To Hit a Home Run on the First Swing (+140 –> +150)
  • Mookie Betts To Hit a Home Run Off 1st Pitch in 1st Round (+205 –> +230)

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