Hamilton the Favorite to Win the 2008 Home Run Derby

Josh Hamilton is the favorite to win the derby in the Bodog Sportsbook. (AP Images)"]

The Bodog Sportsbook has released it's odds for the 2008 Home Run Derby and Texas Rangers outfielder Josh Hamilton is the 2/1 favorite to win it all. Hamilton ranks third among the derby participants with 21 HRs.

The odds for the other participants are below:

• Chase Utley (PHI) - 5/1
• Dan Uggla (FLA) - 15/2
• Grady Sizemore (CLE) - 6/1
• Evan Longoria (TB) - 9/1
• Josh Hamilton (TEX) - 2/1
• Lance Berkman (HOU) - 7/2
• Ryan Braun (MIL) - 13/2
• Justin Morneau (MIN) - 5/1

You'll be able to bet on first-round, head-to-head matchups as well check them out in the MLB Player Props section.