Philadelphia Phillies slugger Kyle Schwarber is a popular favorite ahead of Monday night's Home Run Derby in his home ballpark.

Schwarber opened as the +350 favorite at BetMGM, with his odds shortening further to +310 while being backed by 24.8% of the total bets and 29.1% of all money wagered on the Derby winner. Schwarber leads the eight Derby participants with 32 home runs entering the All-Star break.

That's three more than the New York Yankees' Ben Rice and four more than the Tampa Bay Rays' Junior Caminero.

HOME RUN DERBY ODDS*

Kyle Schwarber (Phillies), +310

Junior Caminero (Rays), +425

Munetaka Murakami (White Sox), +475

Jac Caglianone (Royals), +650

Jordan Walker (Cardinals), +750

Bryce Harper (Phillies), +850

Ben Rice (Yankees), +850

Willson Contreras (Red Sox), +1500

*BetMGM

Schwarber is the book's biggest liability, followed by Harper and Caminero, who is second with 16.6% of all bets and 17.2% of all money backing him to win. Harper is third with 16.1% and 14.4%, respectively.

Rice has seen the biggest odds shift, moving from +1100 to +850 since the market opened. Walker, who opened at +600, and Contreras, who opened at +1100, are the only two participants whose odds have lengthened.

The Home Run Derby at Citizens Bank Park begins at 8 p.m. ET on Netflix.

BATTING ORDER

1. Contreras (20 Home Runs)

2. Walker (22)

3. Caglianone (15)

4. Schwarber (32)

5. Rice (29)

6. Caminero (28)

7. Murakami (20)

8. Harper (20)