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Read this before betting on Nathan’s hot-dog eating contest — even if Joey Chestnut is favored to win

July 4, 2025
03:42 PM
2 min read
AI Enhanced
financemoneyfinancialsports bettingentertainmentmarket cyclesseasonal analysisregulatory

Key Takeaways

Sportsbooks like DraftKings and FanDuel are taking wagers on the famous Fourth of July eating contest — and interest is especially strong after Chestnut was banned last year.

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2 min read

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investment

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Published

July 4, 2025

03:42 PM

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MarketWatch

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financemoneyfinancialsports bettingentertainmentmarket cyclesseasonal analysisregulatory

Advanced ➔ Results Read this before betting on Nathan’s hot-dog eating contest — even if Joey Chestnut is favored to winSportsbooks DraftKings and FanDuel are taking wagers on the famous Fourth of July eating contest — and interest is especially strong after Chestnut was banned last yearLast d: July 4, 2025 at 11:42 a

ETFirst Published: July 3, 2025 at 4:31 p

ETResizeListen(4 min)Joey Chestnut (center) last claimed victory in the 2023 Nathan’s Famous Hot Dog Eating Contest, which is held every Fourth of July

Chestnut skipped the 2024 event because of a sponsorship issue, but is returning this year

Photo: Getty ImagesForget the Super Bowl or the NCAA Final Four

Could the sporting event creating the most buzz among bettors be the Fourth of July Nathan’s Famous Hot Dog Eating Contest

Perhaps that’s an overstatement, but most of the major betting platforms — including DraftKings DKNG, FanDuel FLUT, BetMGM MGM and Caesars Sportsbook CZR — offer wagering on the contest, and have done so for a few years

The Author Charles PassyCharles Passy covers a variety of topics, includingpersonal finance, food, entertainment and anything and everything and quirky

He also writes the Weekend Sip column, which covers wine, spirits and beer

In his spare time, he obsesses where to find the perfect slice of New York-style pizza

Him on Twitter @CharlesPassy

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