The 2025 Nathan’s Hot Dog Eating Contest will take place at 12 p.m. ET Friday on ESPN2 and features the return of 16-time champion Joey Chestnut. Chestnut was banned from the event last year as a result of his partnership with Impossible Foods, a rival brand. Chestnut and Nathan’s seem to have resolved their differences, as he returns to the contest and is a massive favorite at sportsbooks.
Chestnut opened as a -2500 favorite (bet $25 to win $1) at BetMGM to win this year’s contest, with last year’s champion, Patrick Bertoletti, owning the second-best odds all the way back at 16-1 (bet $1 to win $16). Bertoletti consumed 58 hot dogs last year, but will almost assuredly have to best that number by a good deal to compete with Chestnut.
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Chestnut’s record is 76 hot dogs eaten back in 2021 and the over/under at BetMGM for total hot dogs eaten by Chestnut at the 2025 event is 71.5, with the over juiced to -140. For comparison, Perlotti’s over/under is only 50.5 hot dogs.
Bettors can also wager on Chestnut (-2500) or the field (+900) to win the contest or an adjusted hot dog over/under of 76.5 for Chestnut (over +250, under -350).
The winner of the contest receives $10,000 and the coveted mustard yellow belt.
