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2010 Nathan's Hot Dog Eating Contest betting odds had Joey Chestnut as the -300 favorite and there might actually be some value there. One would have to wager $30 to win $10 at BetUS.com (the $30 bet is refunded should Chestnut win). Essentially you profit $10 for every $30 bet.
Joseph Christian "Jaws" Chestnut has mastered this competition to the point where he has become the Tiger Woods of competitive eating. He is currently ranked number one in the world by the International Federation of Competitive Eating.
On July 4, 2007, Chestnut won the 92nd Annual Nathan's Hot Dog Eating Contest, beating six-time defending champion Takeru "Tsunami" Kobayashi by consuming 66 hot dogs and buns in 12 minutes, which set a new world record.
Chestnut has won the last three Nathan's Hot Dog Eating contests.
Six-time champion Takeru Kobayashi (who would pay out $15 for every $10 bet with a win) so far is refusing to take part in the competition.
"I really want to compete in the event," Kobayashi said this week, "but I cannot agree to the conditions."
The International Federation of Competitive Eating (IFOCE) has reportedly asked all entrants to sign a contract that will keep them from participating in eating contests outside the league.
Oddsmakers continued to take bets on Kobayashi, assuming he will still enter in the final hours.
2010 Nathan's Hot Dog Eating Contest betting odds appear below and were courtesy of BetUS.com.
1001 Joey Chestnut -300
1002 Takeru Kobayashi +150 (pays $15 for every $10 bet)
1003 Pat Bertoletti +1200 (pays $120 for every $10 bet)
1004 Tim Eater X Janus +1400 (pays $140 for every $10 bet)
1005 Bob Shoudt +3000 (pays $300 for every $10 bet)
1006 Sonya Thomas +3500 (pays $350 for every $10 bet)
1007 Hall Hunt +3500
Both Chestnut and Kobayashi must take part in the competition for action. Others On Request.
Get a FREE $75 in CASH when you open an online betting account with $200.
