Joey Chestnut vs. Kobayashi Odds & Predictions: Who’s The King Of Hot Dogs?

Joey Chestnut vs. Kobayashi Odds & Predictions: Who’s The King Of Hot Dogs?

The Joey Chestnut vs. Kobayashi odds are out at online sportsbooks, in a matchup of legendary competitive eaters!

The Nathan’s Hot Dog Eating Contest was built off the rivalry between Joey Chestnut and Takeru Kobayashi. The Japanese competitive-eating superstar won the Mustard Yellow Belt from 2001 to 2006, until he was unseated by Chestnut, a California native. Chestnut then won every year from 2007 to 2023, except for 2015, when he was upset by Matt Stonie.

Chestnut isn’t taking part in the Nathan’s Hot Dog Contest this year, due to business issues. However, he is going head-to-head with his old rival, Kobayashi, in a Netflix special event titled, “Unfinished Beef”. Will Kobayashi avenge his 2007 loss to Chestnut?

I’ll analyze the Joey Chestnut vs. Kobayashi odds for this massive event. I’ll also look at the props surrounding the event, such as where it will be held, how much money will the winner receive, and many more.

Key Details

Outside of the Joey Chestnut vs. Kobayashi odds, here are some key details you need to know for “Unfinished Business”:

When is Chestnut vs. Kobayashi?

“Unfinished Beef” will take place on Labor Day, which is Monday, September 2, 2024.

Where to Watch Chestnut vs. Kobayashi?

You can watch “Unfinished Beef” exclusively on Netflix.

Where Will Chestnut vs. Kobayashi be Held?

The location has yet to be announced.

All Joey Chestnut vs. Kobayashi Odds Courtesy of BetOnline.

Joey Chestnut vs. Kobayashi Odds to Win

Joey Chestnut-600
Takeru Kobayashi+350

It should come as no surprise that Chestnut (-600) is the overwhelming favorite in this matchup. The 16-time Nathan’s winner has an implied probability of 85.7% to come out on top.

Watch the 2007 clash between Chestnut and Kobayashi in the Nathan’s Hot Dog Eating Contest here:

Kobayashi (+350) has a 22.2% implied chance of winning, as he has come out of retirement for this event. Kobayashi, known as “Kobi” to his fans, took part in the Netflix documentary, “Hack Your Health: The Secrets of Your Gut”, in April 2024. There, he announced his retirement as he said that he doesn’t ever feel hungry anymore.

To bet on Joey Chestnut vs. Kobayashi odds, head to BetOnline and navigate to Sports > Entertainment > Chestnut vs. Kobayashi.

Ready to play at BetOnline?

Where Will “Unfinished Beef” be Held?

Las Vegas-150
Coney Island+450

Joey Chestnut vs. Kobayashi betting odds for this event have Las Vegas (-150) as the favorite to host. Coney Island (+450) is second, and that would be a spite move. Both Chestnut and Kobayashi have had business disputes with Major League Eating, which hosts the Nathan’s Hot Dog Eating Contest, in Coney Island.

Las Vegas would be my bet for where this will be held. “Sin City” would be the perfect backdrop for an event like this.

The Bet

Number of Hot Dogs Eaten in 10 minutes

  • Joey Chestnut – Over 64 (-120), Under 64 (-120)
  • Takeru Kobayashi – Over 55.5 (-130), Under 55.5 (-110)

Chestnut set a world record with 76 hot dogs in 2021, but he put away 63 in 2022, and 62 in 2023. That being said, in 2023, Geoffrey Esper was second with 47 hot dogs. Chestnut was never pushed, so I think he could have eaten more if he had to. I’m taking the over here.

The Bet

Kobayashi is a mystery as we haven’t seen him compete in many years. His last appearance in the Nathan’s Hot Dog Eating Contest came in 2009, although he has competed in other events.

But, like many sports, hot dog eating is probably like riding a bike. He certainly will have trained for this event. I’ll take the over here, as well.

The Bet

Number of Hot Dogs Eaten in 10 minutes (8-Dog Handicap)

  • Joey Chestnut -8 (-120)
  • Takeru Kobayashi +8 (-120)

With the odds are equal here, I’m taking Kobayashi +8. Chestnut rules this competition, but Kobayashi is no slouch, regardless of how long he has been out of action. Eight hot dogs is a lot to cover, but I think Kobayashi can keep it close.

The Bet

What Will the Winner Receive?

  • Belt & Trophy: -200
  • Just a Belt: +300
  • Just a Trophy: +500
  • Any Other: +800

For winning the Nathan’s competition, the winner receives the Mustard Yellow Belt. But I think both Chestnut and Kobayashi will want to go bigger for this event, given their history with Nathan’s. So, I’m going to go with a belt and a trophy.

But keep an eye on Any Other at +800. This event is backed by Netflix, so there is likely no shortage of money at their disposal. That might be worth a small bet.

The Bet

How Much Money Will the Winner Receive?

  • Over $99,999.50: -300
  • Under $99,999.50: +200

Going back to the last section, this event is sponsored by Netflix, which has been working hard to get a foothold in the live-event space. Chestnut vs. Kobayashi should be a massive event, even in the mainstream. I’m taking the over at -300, as to possibly entice the two to do it again in the future.

The Bet
OVER $99.999.50

Joey Chestnut vs. Kobayashi Odds: Who Wins?

  • Joey Chestnut: -600
  • Takeru Kobayashi: +350

I have all the respect in the world for Kobayashi’s competitive-eating exploits. His odds also offer some value, so it wouldn’t be a terrible wager on him, if you so choose. But Chestnut has been in action not long ago, so this pick is based solely on the person I’ve seen do this most recently.

I think Kobayashi will be competitive and cover the +8 spread from the earlier prop bet. But I’m picking Joey Chestnut to win overall.

The Bet

Where to Bet Joey Chestnut vs. Kobayashi Odds?

You can bet on Joey Chestnut vs. Kobayashi odds to win, the prop bets we discussed, and even more props at BetOnline. This sportsbook was the first to have Joey Chestnut vs. Kobayashi odds up, and you can bet that they’ll be adding more props ahead of the event!

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About the Author
Finn Archer profile picture
Finn Archer
Finn is an experienced writer (having published articles under the name Phil Bowman) and longtime sports enthusiast based in Europe. His particular passion lies in soccer, as both a die-hard fan and seasoned bettor. That said, he’ll dabble in anything involving a ball, bat, or boxing gloves! He’s learned from his share of bad bets over the years and is keen to impart his wisdom so you don’t make the same mistakes. Since joining TSG, Finn has also gained valuable knowledge in the world of online casinos.

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