Video of the 2026 Nathan's Hot Dog Eating Contest Mens (ESPN) will be primarily used to resolve the market; if a consensus by Kalshi employees cannot be reached using video, internal & external (official) transcripts of the 2026 Nathan's Hot Dog Eating Contest Mens (ESPN) will be used.

Payout Criterion:

• The exact phrase/word, or a plural or possessive form of the phrase/word, must be used. Grammatical/tense inflections are otherwise not included.
• Commentary will count following the start of the Mens competition and end once the time has expired; if a tie occurs commentary will continue to count until the conclusion of the sudden death eat-off.
• Promotional content aired during the event will count, but advertisements will not.
• Except as otherwise specified, previously aired content, archival footage, and recordings captured at times, places, or events wholly separate from the featured address will not count.
• Please see full rules for more details.

Event does not qualify:

• If an event is definitively cancelled or the event fails to qualify under the Payout Criterion, or any other circumstance prevents normal resolution, then the market for "Event does not qualify" resolves to Yes and all other markets will resolve to No.
• The event will resolve based on any ESPN broadcast announcer, excluding the ring announcer speaking in an official capacity. If any ESPN broadcast announcer, excluding the ring announcer is or is not present during a livestream, and does not speak in an official capacity the market will not qualify (e.g., inaudible private conversations on camera, unofficial statements picked up on a hot mic).

Postponement:

• If the event is postponed, and such a postponement is announced by the end of the following calendar day to be rescheduled to a time within 14 calendar days, the markets shall remain open.