Dinger Tuesday Picks: Our Best Home Run Parlay Bet for August 5 Features Pete Alonso

If you're wondering who will hit a home run today, August 5, then you've come to the right place!

The 2025 MLB season enters its final two month stretch and the FanDuel Sportsbook bonus code available today grant all users the Dinger Tuesday promo, offering a solid opportunity for bettors looking to profit on the best home run bets - especially when paired with the power of Dimers Pro and today's +2424 home run parlay.

If you're new to MLB betting, Dinger Tuesday is FanDuel's long-running home run–themed promotion that drops every Tuesday during the MLB season. While this year's version doesn’t offer the same bonus bet payout per home run as last season, it still packs a punch for smart bettors using our best home run props.

Opt in to the Dinger Tuesday promo on FanDuel Sportsbook to receive a 50% Profit Boost Token to apply to any “To Hit a Home Run” wager for that Tuesday's MLB games. You can use the Profit Boost on any eligible straight or parlay home run prop—just note that there’s a maximum bet limit and a few restrictions (bonus funds, odds boosts, and cash-outs are ineligible).

Plus, all new users at FanDuel can also score $200 in bonus bets if their first $5 wager placed on the sportsbook wins, which can be claimed via the offer below.

What is Dinger Tuesday?

Opt in to the Dinger Tuesday promo on FanDuel Sportsbook to receive a 50% Profit Boost Token to apply to any “To Hit a Home Run” wager for that Tuesday's MLB games. You can use the Profit Boost on any eligible straight or parlay home run prop—just note that there’s a maximum bet limit and a few restrictions (bonus funds, odds boosts, and cash-outs are ineligible).

Say you use your Profit Boost Token on a +400 home run prop for Bryce Harper. Your 50% Profit Boost Token turns that into a +600 bet, meaning a $25 wager will now win $150 instead of $100.

Dimers Pro gives you access to daily HR prop predictions beyond just Dinger Tuesday—dozens of options on packed slates like today's—and highlights which bets carry positive expected value against the sportsbooks. Combined with the weekly Dinger Tuesday boosts, that edge can turn a single swing into a big payday.

Dinger Tuesday Home Run Bets for August 5

Below, you will find our Dinger Tuesday picks, often focusing on a top probability and a strong value bet, where our model says a player is more likely to hit a home run than their odds imply.

Dimers Pro users can access every home run probabilities for every single player here which will allow you to sort by probability, player or individual games. We also drop our Top 25 Home Run Probabilities in our Dimers Pro VIP Discord every day, where our users are putting the data to work.

With one 50% boost, you can juice up either slugger's odds for a better payout, or for a longshot, you can play both of these home run picks together for a juicy parlay at +2424 odds, up from +1616 with the Dinger Tuesday boost.

Home Run Bet: Pete Alonso (Mets)

Game: Mets vs. Guardians

Dimers Probability: 20.3%

FanDuel Odds: +290

50% Boosted Odds: +435

First up in tonight's two-man Dinger Parlay is Pete Alonso of the New York Mets.

Everything is lining up well for The Polar Bear tonight, including landing firmly in our Top 10 overall HR probabilities of the night with a 20.3% probability from the DimersBOT - the last player projected at 20% or higher in our home run leaderboard.

Though his average is down, Alonso is crushing the ball since the All-star Break, which he's done all season with the second-higher Barrel/PA rate in the league at 13.3.  Since the ASB, though, he's at 22.2%.

His brief contact struggles may be behind him as well - he's coming off a four-hit night and he's up to 7 hits and 3 HR in August.

He'll face Guardians starter Logan Allen, who has a 9.7% Barrel rate and a 1.47 HR/9 since July 1 and a HR in 8 of his L10 starts. 

Home Run Bet: Taylor Ward (Angels)

Game: Angels vs. Rays

Dimers Probability: 15.1%

FanDuel Odds: +340

50% Boosted Odds: +510

Next up, we're taking a slugger with a lower HR probability, but just as good of a matchup on Dinger Tuesday.

Angels leftfielder Taylor Ward is on a hot streak at the dish, slugging .585 with a 20.0% Barrel rate since the All-Star Break. That's the best on his team and 10th overall in MLB and he's racked up five home runs in that span, hitting a career-high of 26 this season with his most recent blast.

Ward sits behind fellow Angels sluggers Mike Trout and Jo Adell in the DimersBOT HR probabilities, but he's outperforming the both of them since the league's return.

He'll face the Rays' Ryan Pepiot to start this game in LA, who's been getting hit hard lately. Since July 1, Pepiot has a 2.38 HR/9 (4th-worst in MLB) and a 13.2% Barrel rate (5th-worst). Over his past six starts, he's given up 9 HR, with 2+ in three games. 

He primarily throws a 4-seamer and slider, two pitches Ward dominates with power.

Dinger Tuesday Home Run Parlay

For those looking to play a longshot, pair these two bets for a +2424 home run parlay, up from +1616 odds pre-boost.

With just one 50% profit boost, you won't be able to boost both singles and this MLB parlay, so you'll have to apply your profit boost strategically across your picks.

Playing the singles gives you a higher chance at a profit, as hitting one is more likely than both, but playing the parlay gives you the biggest total payout.

If you play the parlay, whether with or without the boost, we recommend placing a smaller unit size than you would on a straight wager as it comes with significantly higher risk.

Dinger Tuesday Strategy Guide

If you're looking to make your own selections, consider these tips to help you narrow down your targets from the list of many potential sluggers on Tuesday.

1. High Probabilities

This method is as straightforward as it comes. Bet on the player with the highest probability to hit a home run in any game or multiple games

If you choose this method, then you'll often be betting on the home run leaders like Aaron Judge, Shohei Ohtani, Cal Raleigh., etc at shorter odds. This is a lower upside method, but you'll be backing players who are likely contend for the top of the HR list at the end of the season.

Dimers Pro users can sort by home run props here, use the Dimers Pro Hitter Hub, or pop into the Dimers Pro Discord where we release our Top 25 HR Probabilities every day.

2. Maximum Value

The second strategy we'll look at is to back players with edges in their odds. These are often going to be higher risk, lower probability plays, but they will return big profits if they win.

You'll find these high-value home run props at the top of our home run edges each and every Tuesday, though you may not always find the best odds on FanDuel. That's a very important distinction, because if the value in a particular home run prop is only on an other book, then it may not be a play worth making for Dinger Tuesday since you must place that bet on FanDuel to use your profit boost.

Even still, you can find value on players with high probabilities, or take a shot on an already longer odds play, boosted even higher by a 50% boost.

3. Do the Extra Research

The best way to use Dimers Pro is alongside the wealth of MLB statistics out there. Weather, pitch types, ballparks, head-to-head matchups...these are just a handful of the factors that can weigh into home run props. 

Some key factors to look at when making your home run picks:

• Matchup: Your batter's success against the starting pitcher's varying pitch types
• Bullpens: When the starter gets pulled, which teams relievers are serving up dingers?
• Ballpark Factors: Short porch? Elevation boost? Not all parks are built equal
• Head-to-Head History: What has a batter done vs. the starter in the past
• Weather: Cold: bad. Wind: good (in the right direction). Always check the weather reports

With dozens of props available on Dimers Pro, it's always good to check on these other data points to help you narrow down which bets to make.

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