The launch of PA online sportsbooks (May 2019) came at a time of the year where sports bettors are not exactly glued to their phones or TV’s.
With the HR Derby Monday night we may get a small glimpse of how a single event will attract new players to the 3 active online sportsbooks in PA. MLB has added a $1 Million prize to the HR Derby winner in hopes of increased attention to the event.
When looking to Bet on the HR Derby in PA, you will NOT find much in betting line variations. Kambi provides the betting software to SugarHouse Sportsbook PA, BetRivers and Parx online Sportsbook. Harrah’s Philly and FanDuel Sportsbook PA (not online yet) will provide a different choice in odds if you are willing to drive to Chester or Valley Forge.
When looking at the top performing sportsbooks from the last revenue report from May (pictured above), we got our first look at the online betting potential in PA. With just 3-4 days of activity in May, SugarHouse sportsbook saw a sports betting handle over $573K! Let’s remember, no iOS apps are live in PA.
As we wait for the June sports betting revenue numbers, industry insiders are looking at the HR Derby to help gauge where the new PA online/mobile market stands.
Why does the HR Derby matter to PA?[toc]Simple, there is almost nothing else to bet on Monday night. Outside of NBA Summer League games, the HR Derby is your top betting event of the day. The July through August timeline is the slowest time of the year for sports betting. Summer vacations, no football and baseball fatigue, all lead to a relatively “dead” time for betting. The derby provides a opportunity for bettors to find value and bet with ease via Android apps and online platforms.
We will be reaching out to SugarHouse and Rivers after Monday night to get an idea of betting activity and new player registration numbers.
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PA Sportsbooks HR Derby Odds
Josh Bell and Pete Alonos are the top favorites to win the 2019 Home Run Derby at all PA sportsbooks. Almost everywhere you look there is value to be had. Matt Chapman at 8-1 odds could certainly be a popular pick for most bettors since he replaced Christian Yelich. Moving down the odds board the ROI numbers can really pop with likes of Alex Bregman clocking in at 11-1 odds.
|PLAYERS||SUGARHOUSE PA||HARRAHS PHILLY||BETRIVERS PA|
|Vlad Guerrero Jr.||450||5-1||450|
|Ronald Acuna Jr.||1100||12-1||1100|
|FREE $250 BONUS||FREE $250 BONUS|
HOME RUN DERBY FORMAT, RULES, ROSTER
8 players will compete head-to-head, with the 1 and 8, 2 and 7, 3 and 6, and 4 and 5 seeds matching up in tournament style play. The 2019 HR Derby is a single-elimination tournament that consists of just three rounds.
(1) Matt Chapman vs. Vladimir Guerrero, Jr. (8)
(2) Pete Alonso vs. Carlos Santana (7)
(3) Josh Bell vs. Ronald Acuna, Jr. (6)
(4) Alex Bregman vs. Joc Pederson (5)
BET THE HOME RUN DERBY IN PA
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