Joey Chestnut the Favorite for Annual Nathan's Hot Dog Eating Contest

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It's Independence Day, time for the annual Nathan's Hot Dog Eating contest on Coney Island. American Joey Chestnut broke records with his win last year and is again the favorite to win the infamous Mustard Belt.

Ryan Nerz is the author of "Eat This Book: A Year of Gorging and Glory on the Competitive Eating Circuit."