Joey Chestnut has been a force at the annual Coney Island event, winning each of the last three in commanding fashion and setting a new record of 74 hot dogs consumed in 10 minutes at last year’s event. Miki Sudo, a five-time champ, has ruled the women’s division in similar fashion after finally dethroning Sonya Thomas in 2014.The winner of both the men’s and women’s division each take home a cool $10,000 prize along with a fancy championship belt, but the monetary prizes don’t have to be limited to just the contestants. Below are some of the odds and prop bets that can be wagered on by fans looking to make an extra dollar during Independence Day.(All odds per MyBookie Sportsbook)Nathan’s Hot Dog Eating Contest odds 2019It’s no surprise that 11-time champion Joey Chestnut is the heavy favorite to claim his 12th Mustard Belt. Chestnut’s 74 hot dogs at the 2018 contest were a full 10 more than runner-up Carmen Cincotti, who won’t even be participating in this year’s contest. Will Joey Chestnut win?Yes -900No +500Miki Sudo has a winning streak even longer than Chestnut, and the odds reflect it. Sudo defeated runner-up Michelle Lesco by nine hot dogs last year.Will Miki Sudo win the women’s division?Yes -1200No +600Prop bets for the 2019 hot dog eating contestChestnut set the bar high last year by setting a new world record with 74 hot dogs. He has increased his total amount consumed every year since 2016. Sudo ate 37 hot dogs last year, but has consumed at least 38 1/2 hot dogs in two of the last three years.Hot dogs consumed by the men’s winnerOver 73 1/2 +120Under 73 1/2 -160Hot dogs consumed by the women’s winnerOver 38 1/2 -120Under 38 1/2 -120Will PETA interrupt a contestant? (Bovada)Yes +700No -1600This isn’t that crazy of a notion. A PETA supporter interrupted the contest in 2016, throwing fake blood all over one of the contestants. Here’s the video of the PETA attack, probably would have hit 80 Hot Dogs without that lost time #JustSaying pic.twitter.com/iy27TW57VF— Big Cat (@BarstoolBigCat) July 4, 2016Can you bet on the hot dog eating contest?The annual hot dog eating contest occurs in New York, but those watching in New Jersey will not be able to gamble on the event after the state’s Division of Gaming Enforcement opted not to allow sportsbooks to take bets despite several requests. If there’s one thing more American than eating gluttonous amounts of hot dogs on the Fourth of July, it would be gambling on eating gluttonous amounts of hot dogs during the Fourth of July.Thanks to a few online sportsbooks, the latter is a possibility during the 2019 Nathan’s Hot Dog Eating Contest. That hasn’t stopped, however, several gambling websites from making the contest a little more interesting for those looking to wager a buck or two.Has anyone ever beaten Joey Chestnut eating hot dogs?While Chestnut’s reign as Major League Eating’s top-ranked competitor does seem daunting, you only have to go back to 2015 when Matt Stonie upset Chestnut to win the contest. Stonie ate 62 hot dogs to Chestnut’s 60 and will be competing in this year’s contest.2015 marks the only blemish for Chestnut since his first Nathan’s Hot Dog Eating Contest victory in 2007. Chestnut ended the reign of Takeru Kobayashi who had previously won six straight contests.