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Americans eat millions of hot dogs every Fourth of July, but nobody consumes them quite the way they do at the annual Nathan's Hot Dog Eating Contest. The iconic Coney Island hot dog brand has been holding the eating competition since 1916 and it's been Major League Eating sanctioned since 1997. The 2020 Nathan's Hot Dog Eating Contest will take place on Saturday at noon ET and Joey Chestnut and Miki Sudo will be looking to extend their dominance in competitive eating's biggest event.

Chestnut has won 12 of the last 13 Nathan's Hot Dog Eating Contests in the men's division and Sudo dethroned Sonya Thomas in 2014 and has rattled off six consecutive victories on the women's side since. Chestnut is the -1400 (risk $1400 to win $100) favorite in the latest 2020 Nathan's Hot Dog Eating Contest odds, but there are more lucrative bets to be made with the over-under on hot dogs eaten set at 72.5 and 36.5, respectively, in the men's and women's divisions. Before making any 2020 Nathan's Hot Dog Eating Contest picks, be sure to check out the competitive eating predictions from former Vegas bookmaker Micah Roberts.

A former Vegas bookmaker who follows the hot dog competition closely, Roberts knows value when he sees it. And with his decades of experience setting the lines in Vegas, he knows when the odds are off in any kind of competition. 

Now, Roberts has broken down the 2020 Nathan's Hot Dog Eating Contest odds and revealed his picks for the men's and women's divisions, as well as over-under plays on total dogs and buns eaten. You can find his picks only at SportsLine.

Top 2020 Nathan's Hot Dog Eating Contest predictions

Roberts is backing Chestnut to win the men's competition yet again, picking him over the field (+700). Matt Stonie did defeat Chestnut in 2015 to end an eight-year winning streak. But Stonie's hot dog totals dropped in the three ensuing years and he's finished fifth and fourth in the last two Nathan's Hot Dog Eating Contests.

Meanwhile, Chestnut has picked right back up where he left off after the loss to Stonie, jumping from 60 hot dogs eaten in 2015 to 70 the following year, and then breaking his own world record in back-to-back years in 2017 and 2018. Chestnut has topped the 70 hot dog mark in each of his last four victories and he's a much better play than the field bet despite the -1400 odds.

"With Chestnut winning 12 times in the past 13 years and setting his best marks in the last four years says there is no one in his class," Roberts told SportsLine. "His results the past four years have been aided by the embarrassment of losing to Matt Stonie in 2015."

How to make 2020 Nathan's Hot Dog Eating Contest picks

Roberts has also identified his pick for the women's competition and the over-under for hot dogs eaten for both contests. He's sharing what they are only at SportsLine.

So who wins the women's Nathan's Hot Dog Eating Contest 2020? And how many hot dogs will the winners of the men's and women's competitions consume? Visit SportsLine now to get 2020 Nathan's Hot Dog Eating Contest picks, all from the SportsLine analyst and former Vegas bookmaker who knows value when he sees it.