The 101st annual Nathan’s Hot Dog Eating Contest will take place on the Fourth of July at the flagship Nathan’s restaurant on Coney Island. This annual ode to gluttony and debauchery is one of the proudest and most bizarre traditions but, like many other proud Americans, my eyes will be firmly glued to the screen.
Last year Joey “Jaws” Chestnut’s rebounded from his first loss in eight years by consuming a record-setting 70 hot dogs and buns while Miko Sudo won the women’s competition for a third consecutive year by eating 38.5 hot dogs. A standard Nathan’s hot dog has 280 calories, which means Chestnut downed nearly 20,000 calories in the time it takes to brew a pot of coffee — and that figure doesn’t even include the buns!
For this year’s contest, Chestnut opened as a -400 favorite with the field listed at +300. Bettors can also wager on whether Chestnut will break his own record in this year’s competition. At the time of publication, Chestnut was +185 to eat at least 71 hot dogs and -225 to eat 70 hot dogs or fewer.
Last year’s oddsmakers set Chestnut’s over/under 63.5 hot dogs with -175 juice on the under. It’s also worth noting that 2015 champion Matt “Megatoad” Stonie (-140) actually closed as a slight favorite over Chestnut (+120) in last year’s competition. Unfortunately these type of prop bets have low limits, but hopefully Chestnut was able to cash in on his impressive bingeing.
an underdog story is the best. I wonder what the max bet is? I'll bet big on myself. Will u @MattStonie
— Joey Chestnut (@joeyjaws) June 17, 2016
I’m not certain that Chestnut can top last year’s performance and retain his mustard-yellow belt, as he’ll face stiff competition from Megatoad — a man who once ate 25 Big Mac sandwiches in 22 minutes. There’s no doubt Chestnut should be the favorite, but I think there’s some value on the field at +300.
What do you think? Will you be watching this year’s contest? Please leave your thoughts and comments in the section below.
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