PaddyPower, the bookmaker office accepts bets on a winner of the annual competition for eating hot dogs in Nathan’s Hot Dog Eating Contest, which traditionally takes place on the US Independence Day on Coney Island in New York.
Bookmakers accept bets with 1,2 odds on the fact that the last year’s prize-winner Joe “Jaws” Chestnut will become the winner of the competition. The probability that the tournament champion will be someone else is estimated as 4,0.
In 2016, 32-year-old Chestnut set a record by eating 70 hot dogs. 8 times consequently Joe became the winner of Nathan’s Hot Dog Eating Contest before, having conceded a champion title to Matt Stony only in 2015.
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