Nathan’s Hot Dog Eating Contest 2024 Odds, Props & Futures

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Posted: March 9, 2024

Updated: March 9, 2024

For those of you looking to makes early bets, predicting the 2024 Nathan's Hot Dog Eating Contest winner is difficult this far out. But Joey Chestnut and Miki Sudo are likely favorites to defend their titles based on their past dominance of the event.

What symbolizes American patriotism more than fireworks and a barbecue on the 4th of July? Well, undoubtedly, the world-renowned Nathan’s hot dog eating contest, is slated to unfold on Independence Day at Nathan’s Famous original restaurant in Coney Island, Brooklyn. Over time, this contest has evolved into a cornerstone of the 4th of July festivities, garnering as much reverence and excitement as many premier sports entertainment events in the annual calendar.

But what is it about this year’s Nathan’s Hot Dog Eating Contest 2024 that elevates it to a cultural and social phenomenon? What captivates audiences to witness a competition where individuals consume as many hot dogs and buns as possible within a ten-minute window? Let’s take a deeper look into this all-American cultural phenomenon, along with this year’s betting odds and markets from Everygame Sportsbook.

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The Origins Of Nathan’s Hot Dog Eating Contest

To trace the purported origins of Nathan’s Famous Hot Dog Eating Contest, we must journey back to the early 1900s. According to online gambling news in the US, the contest originated on July 4th, 1916, when a quartet of immigrants sought to determine the most patriotic among them by vying to consume the greatest number of hot dogs in a single sitting. Throughout history, various assertions have been made regarding the initial participants, the adjudicators, the quantity of hot dogs consumed by the victor, and so forth. However, what holds paramount significance, particularly for enthusiasts of this Hot Dog contest, is that since 1916, with exceptions in 1941 and 1971 due to political protests against America’s involvement in WWII and later the Vietnam War, Nathan’s has consistently staged a spectacle every 4th of July to anoint the annual Hot Dog eating champion.

Hot Dog Eating Gets Serious

What initially commenced as a lighthearted, somewhat ludicrous spectacle gradually ascended to greater prominence over time, ultimately obtaining official sanctioning from the American Major League Eating Organization (MLE) and the International Federation of Competitive Eating (IFOCE) in 1997. Subsequently, only professional eaters under MLE’s supervision are eligible to vie for the prizes and the glory of hot dog eating. Each year, the competition, open to both male and female participants, features approximately 20 contenders, including the reigning champion, winners of regional eating contests throughout the season, two wildcard entries, and a few invitees selected by the MLE.

The Rules Of Nathan’s Hot Dog Eating Contest 2024

Once all participants are prepared, they engage in a ten-minute bout to determine who can consume the greatest quantity of hot dogs and buns while retaining them. Failure to consume each hot dog results in a yellow penalty card and the inability to retain the hot dogs throughout the competition also incurs a yellow penalty card, leading to immediate expulsion.

Joey Chestnut In Nathan’s Hot Dog Eating Contest 2024

Since 2003, ESPN has televised the event annually on the 4th of July, elevating its prominence in the realm of sports entertainment. Last season, over 1.35 million viewers tuned in to witness professional eating legend Joey Chestnut devoured 76 hot dogs within the allotted time, while Michelle Lesco conquered 30 ¾ hot dogs in the women’s category. Yes, you read correctly: 76 and 30 ¾ hot dogs in 10 minutes. Now that you’re aware, if hot dogs are your culinary delight and you fancy yourself capable of eating like a professional, consider testing your skills at Nathan’s Hot Dog Eating Contest 2024.

A Real American Contest

Throughout the annals of Nathan’s Hot Dog Eating Contest, numerous enthusiasts have endeavored not only to claim victory but also to surpass the competition’s hot dog eating records. While many have fallen short, several individuals have risen to prominence, becoming household names in the professional eating circuit, not only within the United States but also worldwide. Initially perceived as a quintessentially American, traditional event primarily for amusement and publicity, the competition’s growing popularity began attracting attention from former amateur hot dog eaters. These individuals transitioned into serious athletes, dedicating themselves to rigorous training in preparation for the event year after year. Consequently, this trend not only spurred an increase in domestic challengers eager to take on Nathan’s renowned contest but also garnered international interest and participation.

Japanese Vs American Competition At Nathan’s Hot Dog Eating Contest 2024

As is customary in sporting events, rivalries often emerge, adding to the spectacle, and such was the case when Japan, with its cadre of professional eaters, took notice of the competition. Beginning in 1986 with the inaugural Japanese contestant challenging the American Champion, the rivalry between Japanese and American pro eaters has yielded captivating narratives and competitions. However, two names, in particular, have risen above the fray.

On one hand, there’s the Japanese eating phenomenon Takeru Kobayashi, who reigned supreme from 2001 to 2006. However, you will not be seeing much of him, as he has an ongoing dispute with the organizers over the severe limitations placed on his contract. On the other hand, his primary adversary and arguably the most iconic figure in the professional eating circuit, Joey Chestnut. With 14 championship belts to his name, Chestnut is hailed as the GOAT of professional eating and a true legend in Nathan’s hot dog eating contest, making him the perennial favorite to watch every year.

Nathan’s Hot Dog Eating Contest 2024 – Prize Pool Structure

While the opportunity to indulge in copious amounts of hot dogs might seem rewarding enough in a competition of this nature, let’s be realistic. Ultimately, where there’s a winner, there’s a prize—a title, and a substantial amount of money to accompany it. In the Nathan’s Hot Dog Eating Contest 2024, participants in both the men’s and women’s categories vie for the coveted champion’s title belt and a prize pool that can reach up to $40,000, distributed among the winner and other top finishers in the competition.

The breakdown of the prize pool for this renowned contest operates as follows: While the male category winner receives the highly sought-after bejeweled yellow-mustard colored belt, reminiscent of championship belts from professional fights and wrestling events, the female category victor is awarded an equally significant and adorned pink belt. Each winner retains the belt as a keepsake, taking it home wherever they reside in the world.

Take Home Winnings

In terms of monetary rewards, while a shared prize pool of $40,000 may not appear substantial for such a prestigious event, particularly when considering the potential for breaking the competition’s hot dog eating record, the real financial gains for contestants, particularly the winners, come from sponsorship deals associated with being victorious in the world’s most renowned professional eating competition. Nevertheless, the first-place finishers in both categories each year receive $10,000, with second place earning $5,000, third place $2,500, fourth place $1,500, and fifth place $1,000.

Nathan’s Hot Dog Eating Contest Record

While the records for both sexes have exhibited fluctuation over the years, with some seasons proving stronger than others, there are two metrics to gauge the quintessential question of “How many hot dogs are too many hot dogs?” Firstly, it’s the average. On average, recent champions have consumed between 70 to 75 hot dogs within the designated 10-minute time frame for men, and between 32 to 38 hot dogs within the same duration for women. Secondly, and of paramount importance, is examining the actual records.

In the men’s category, the record is held by none other than the competitive eating GOAT, Joey Chestnut, who in 2021 devoured 76 hot dogs to clinch his 14th Nathan’s Hot Dog Eating Contest title. Conversely, in the women’s category, the record belongs to female pro-eating sensation Miki Sudo, who in 2020 consumed 48 ½ hot dogs, not only securing the title but also obliterating the previous women’s record by a significant margin.

Wagering On Nathan’s Hot Dog Eating Contest 2024

To formulate an enjoyable and profitable betting strategy for the hot dog eating contest, it’s essential to acquaint yourself with the event you’re considering wagering on and discern where the true value of your investment lies. Don’t simply bet on Nathan’s Hot Dog Eating Contest 2024 for its novelty; bet with the intention of turning a profit. Imagine the number of hot dogs you could procure with your winnings. Identify a reputable sportsbook that offers enticing promotions throughout the year for sports and sports entertainment events, such as Everygame Sportsbook. Subsequently, delve into researching the intricacies of consuming as many hot dogs as possible in 10 minutes and contemplate how you, as a bettor, can capitalize on the competition.

For instance, two of the most straightforward and viable betting options for Nathan’s hot dog eating contest are selecting an outright winner, such as perennial favorite Joey Chestnut, and betting on the over/under of the number of hot dogs each winner in both the men’s and women’s categories will consume. Here at Gamingzion.com, we are constantly on the lookout for “value” bets.  In most cases, this is not the favorite. To make money at any of the top online sportsbook sites in the US, you need to find an underdog to exploit the betting odds. Then, should everything go in your direction, the winnings will be much more substantial.

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