Pete Alonso wins back-to-back HR Derby titles

The 2021 Home Run Derby has arrived. The event gets underway Monday evening at 8 p.m. ET and will air on ESPN. Shohei Ohtani is the favorite at DraftKings Sportsbook to win the event with odds installed at +230. Joey Gallo follows at +350.

The contest features eight participants and is set up in a three-round single-elimination bracket. Below is a look at the bracket, odds to win, and how the public is betting the Derby at DraftKings Sportsbook.

We’ll be tracking the results throughout the evening and dropping in whatever video we can find as taters are mashed. Follow along all evening!

10:50 p.m. — And the winner is...PETE ALONSO! The Mets star defends his 2019 title at Coors Field and makes 14 percent of bettors winners as well. Alonso was +500 to win the event.

10:40 p.m. — Trey Mancini finishes the final round with 22 home runs. Can Alonso defend his title or will we have a new Derby champion?

10:22 p.m. — It’ll be defending champion Pete Alonso against Trey Mancini in the final. Alonso eliminates Juan Soto in the second round to move to the final. 14 percent of all wagers on the event backed Alonso to win while five percent took Mancini. Someone is going to make bettors very rich and very happy.

10:03 p.m. — Trey Mancini has advanced to the final, defeating hometown hero Trevor Story after the Rockies SS managed just 12 home runs. Mancini, who battled colon cancer last season, is now one round away from making the few bettors who backed him in the Derby very happy.

9:45 p.m. — THE FAVORITE IS OUT! Juan Soto goes 3-3 in the final tiebreaker and Ohtani does not match it. That’s the end of the first round, with Mancini, Story, Alonso and Soto advancing.

9:40 p.m. — We’re going to a Swing Off between Ohtani and Soto. Three swings each for a spot in the next round!

9:34 p.m. — Ohtani and Soto are going to a tiebreaker after both hit 22 home runs in the round. Each hitter will have one minute to hit as many home runs as possible for the first tiebreaker. If the two are still tied, there will be a “Swing Off” with three swings per hitter.

9:20 p.m. — Juan Soto has broken Trevor Story’s record for longest home run with a 520-foot shot of his own. Check it out!

9:15 p.m. — Salvador Perez mashes 28 home runs, but is eliminated due to being paired up against Pete Alonso. The defending champion is moving on.

9:05 p.m. — There’s a reason Pete Alonso was third-favorite to win the Derby after capturing the 2019 crown. He finishes the first round with 35 home runs.

8:54 p.m. — Story upsets Joey Gallo 20-19 in the first round and moves on. Gallo was heavily favored to win the matchup and was second-favorite to win the Derby, but he doesn’t do enough to beat the hometown star.

8:48 p.m. — Trevor Story hit a 518-foot home run, the longest home run in Derby history in the statcast era. Take a look.

8:45 p.m. — The fan who attempted to catch Olson’s home run and went over the railing is doing alright. Here’s what happened, in his own words.

8:40 p.m. — Pete Alonso, the 2019 Home Run Derby winner, is looking to defend his crown. He’s taking on Salvador Perez in the first round and is favored to advance.

8:38 p.m. — The Home Run Derby is not going so well for this fan.

8:35 p.m. — Mancini advances past Olson 24-23 in the first round in what was a great start to the Derby. The Orioles slugger could make the few who backed him very happy by the end of the night if he keeps this up.

8:30 p.m. — Mancini finishes the first round with 24 home runs. He needed to take a break after a rough start early, but concluded the round strong. Matt Olson has a tough task here.

8:15 p.m. — Trey Mancini and Matt Olson are up first. Olson is a potential sleeper pick among bettors while Mancini has the comeback story of the season after battling colon cancer last year.

Bracket

Final

(5) Pete Alonso vs. (6) Trey Mancini - Alonso wins

Second round

(8) Juan Soto vs. (5) Pete Alonso - Alonso wins
(7) Trevor Story vs. (6) Trey Mancini - Mancini wins

First round

(1) Shohei Ohtani vs. (8) Juan Soto - Soto wins
(4) Salvador Perez vs. (5) Pete Alonso - Alonso wins

(2) Joey Gallo vs. (7) Trevor Story - Story wins
(3) Matt Olson vs. (6) Trey Mancini - Mancini wins

Odds to win

Shoehei Ohtani: +230 - ELIMINATED
Joey Gallo: +350 - ELIMINATED
Pete Alonso: +500 - WINNER
Matt Olson: +525 - ELIMINATED
Trevor Story: +750 - ELIMINATED
Juan Soto: +900 - ELIMINATED
Salvador Perez: +1250 - ELIMINATED
Trey Mancini: +1500 - RUNNER-UP

Betting splits on odds to win

Shohei Ohtani (+230): 47% handle, 33% bets - ELIMINATED
Joey Gallo (+350): 22% handle, 23% bets - ELIMINATED
Pete Alonso (+500): 11% handle, 14% bets - WINNER
Trevor Story (+750): 7% handle, 10% bets - ELIMINATED
Juan Soto (+900): 6% handle, 8% bets - ELIMIANTED
Matt Olson (+525): 4% handle, 7% bets - ELIMINATED
Trey Mancini (+1500): 2% handle, 5% bets - RUNNER-UP
Salvador Perez (+1250): 1% handle, 2% bets - ELIMINATED