Chestnut favored again in 2014

2014 nathan's famous hot dog eating contest odds joey chestnut

CONEY ISLAND, NY (The Spread) - Will Joey Chestnut take home another title when the 2014 Nathan's Famous Hot Dog Eating Contest kicks off at 12:00PM ET today?

According to oddsmakers from online sports book, Chestnut is a whopping 1/12 favorite to beat the field in July 4th's Nathan's Famous Hot Dog Eating Contest. Chestnut has won the event for seven consecutive years, including last year when he beat his own record with 69 hot dogs in 10 minutes.

As for the rest of the field, Matt Stonie is a 9/1 long shot to win the event while any other eat has 7/1 odds. The over/under for the total number of hot dogs eaten by the winner today is currently sitting at 67.

Chestnut's first title came in 2007 when he ate 66. He set new event, U.S. and world records that year and defeated previous six-time champion Takeru Kobayashi for the first time. Fifth place Sonya Thomas (39 hot dogs eaten) set the female record that year.

Chestnut also won the event in 2008 when he ate 59 hot dogs, then ate 68 in 2009 and 54 in 2010. He got back into the 60s in 2011 when he ate 62 and then ate 68 again in 2012, tying his previous record set in 2009. He also became the second person in 2012 to win six consecutive titles.

The Nathan's Hot Dog Eating Contest is an annual American competitive eating event held each year on July 4 at Nathan's Famous Corporation's original restaurant. The spot is located at the corner of Surf and Stillwell Avenues in Coney Island, a neighborhood of Brooklyn, New York.

Bet the 2014 Nathan's Hot Dog Eating Contest

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