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Nathan’s Hot Dog Eating Contest Odds: Chestnut Aims To Take Bite Out Of Competition

Joey Chestnut is favored in the 105th Nathan's Hot Dog Eating Contest odds.

July 4th is quickly approaching and that can mean only one thing – the annual Nathan’s Famous Hot Dog Eating Contest is upon us. Many of you will channel your inner Joey Chestnut as you indulge in your own BBQs followed shortly by fireworks both outside and perhaps in your washroom as well. But make no mistake about it – there can only be one "Jaws".

Online sportsbook Bovada has released a series of Nathan’s Hot Dog Eating Contest odds and the main market has Chestnut to secure his 14th Mustard Belt in 15 years as a -5000 favorite, with a field bet coming back at +1000. This means you would have to bet $5000 on Chestnut to devour his competition to profit $100, while a successful $100 wager on the field would net you $1000 in profit.

Chestnut's -5000 betting line represents an implied win probability of 98.04 percent, according to our sports betting calculator. Additionally, if you wagered $100 on him to win outright at that betting line, you would profit just $2.

Odds To Win Nathan's Hot Dog Eating Contest

Men’s Championship Odds: Head-to-Head Winner
WinnerOdds
Joey Chestnut-5000
Field+1000

Odds as of June 29 at Bovada

Will "Jaws" Gobble Up Another World Record?

The inaugural Nathan’s Famous Hot Dog Eating Contest took place on July 4, 1916, and this Independence Day could see yet another record number of weenies getting scarfed down. Last year, during the COVID-19 lockdown, it was optimal conditions for Chestnut to let loose. In an air-conditioned room, "Jaws" ate a record 75 franks — a record that will be hard to beat — but every dog has his day.

The total this year is set a little lower at 73.5 dogs to be consumed and the weather is looking comfortable at Coney Island on Sunday at 75 degrees. Could 74 dogs be achievable? We think so. 

Nathan's Famous Hot Dog Eating Content: Totals

Total Hot Dogs Eaten By Winner
TotalOdds
OVER 73.5-190
UNDER 73.5+145

Odds as of June 29 at Bovada

Total Hot Dogs Eaten by Joey Chestnut at Halfway (5 mins)
TotalOdds
OVER 45.5+180
UNDER 45.5-210

Odds as of June 29 at Bovada

Total Hot Dogs Eaten by Joey Chestnut in first minute
TotalOdds
OVER 9.5-250
UNDER 9.5+170

Odds as of June 29 at Bovada

Think you Know How Many Dogs Chestnut will devour? Good Value on Exact Totals

If the OVER/UNDER 73.5 dogs with the OVER juiced at -190 and the UNDER coming back at +145 isn’t exciting enough for you, Bovada has two-dog options for you to wager on with much better value.

For example, you can take "Jaws" to scarf down 73 to 74 hot dogs at +245. But at +150, a new world record — 75 or more — is where all the fun is.

How Many Hot Dogs Will Joey Chestnut Eat?

O/U Total Hot Dogs Eaten By Joey Chestnut
TotalOdds
75 or more+150
73-74+245
71-72+300
69-70+500
67-68+1200
65-66+1400
0-65+1600

Odds as of June 29 at Bovada

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105th Nathan’s Famous Hot Dog Eating Contest: Prop Bets

In addition to the copious amount of weenie’s that will be ingested on July 4, the online sportsbook Bovada has a list of 2021 Nathan’s Famous Hot Dog Eating Contest prop bets available.

They don’t really provide much betting value outside of whether there will be a recount in the men’s event with the YES providing odds of +800. Who can forget "Jaws" eating from two different plates in 2018, leading to a recount that certified the final tally was a record-setting 74 dogs.

Here’s a look at the full list of the Nathan’s Hot Dog Eating Contest props:

Will there be a recount in the men's event?
OutcomeOdds
Yes +800
No-2500

Odds as of June 29 at Bovada

Will a contestant be interrupted by PETA during the contest?
OutcomeOdds
Yes +3500
No-10000

Odds as of June 29 at Bovada

Will the Contest Feed get Hacked by PETA?
OutcomeOdds
Yes +3500
No-15000

Odds as of June 29 at Bovada

Will there be a Reversal of Fortune in the Men's Event?
OutcomeOdds
Yes +800
No-2500

Odds as of June 29 at Bovada

Will there be a reversal of Fortune in the Women's event?
OutcomeOdds
Yes +650
No-1400

Odds as of June 29 at Bovada

Will there be an Eat-off in the men's event?
OutcomeOdds
Yes +1200
No-7500

Odds as of June 29 at Bovada

Will there be an Eat-off in the Women's event?
OutcomeOdds
Yes +900
No-3500

Odds as of June 29 at Bovada

See how much you could win betting Nathan’s hot dog eating contest with our odds calculator:

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