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2014 MLB All-Star Game: Giancarlo Stanton favorite to win Home Run Derby

Giancarlo Stanton has the best odds to win the 2014 Home Run Derby, according to some of the latest sportsbooks. Will he win tonight?

Matt Kartozian-USA TODAY Sports

The Miami Marlins finally have a representative in the Home Run Derby, the first time they've had such a player since 2010. And of course, their representative is the best one in a long time, as super-slugger Giancarlo Stanton will look to take the Derby trophy home tonight in the 2014 Home Run Derby, which will air live on ESPN starting at 8 PM EST.

Stanton is not just any guy who has a strong chance to win. According to the latest sportsbooks odds, he is the favorite to take the crown in the field of nine other players in tonight's contest. Here are the odds from Bovada.

2014 Home Run Derby - Odds to Win     

Giancarlo Stanton                      2/1

Yoenis Cespedes 5/1

Jose Bautista 5/1

Yasiel Puig 6/1

Troy Tulowitzki 13/2

Josh Donaldson 10/1

Adam Jones 12/1

Brian Dozier 12/1

Todd Frazier 12/1

Justin Morneau 15/1

The odds of two-to-one means that you have to bet one dollar to get two dollars back if you are correct. That means that Stanton's calculated percentage chance of winning is rated at 33 percent. Yoenis Cespedes and Jose Bautista are next at 5/1 odds and 16.7 percent odds each.

Stanton is not some overwhelming favorite, but it is clear why he would have the best chance. Stanton previously had a chance to compete in a Derby in 2012, but was injured and unable to compete. But the suspicion was that he would have put on a spectacular show for the crowd, and this is expected this season. Stanton's performance in home run-hitting has been legendary since his career began; he owns the longest home run in true distance in the ESPN Home Run Tracker era, a 494-foot blast to deep center field in Coors Field in 2012. He also owns the second-longest bomb of the season, a 484-footer that just fell shy of Mike Trout's season long.

Stanton has undeniable prodigious power, and this year that might be a benefit for him in the first round. The format of the Home Run Derby has changed, with competitors now placed in brackets competing against each other. Five players from each league will start off in the opening round, and three will advance. The ones in each league with the most homers get a bye in the following round, while the other two duke it out. It gives Stanton a chance to relax after what should be a spectacle in the first.

Mike Redmond will be throwing pitches for Stanton in tonight's contest.

You can get in on the fun tonight with our Ichthyomancy, Home Run Derby edition. We'll be covering the Derby live in a game thread and you can follow along and make your Ichthy picks with the rest of the crew! Join us tonight to cheer on Stanton! Details on the format in the game thread to come.