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Eddie has been challenged.
Joey Chestnut ate 70.5 hot dogs in his return to Nathan's 4th of July contest, winning the competition and beating everyone by many, many dogs. Bobby challenged Eddie that if he could eat 70 hot dogs in 24 hours, then Bobby would pay him $500. Eddie doesn't think he can do it, but he's intrigued by the money.
After doing the math, Bobby said he would have to eat 1 hot dog every 20 minutes in order to accomplish the goal. Amy and Lunchbox told him he doesn't have to sleep and that would give him a little more time in between each hot dog, roughly around 34 minutes. However, Eddie said he needs his beauty sleep of 8 hours to function. He's also concerned about his health and his stomach shrinking by doing this challenge. After contemplating and not being able to come to a decision, Amy added $100 to the pot if he does the challenge and completes it. Bobby gave him 24 hours to think about it and come back with his answer.
FOLLOW UP: It's been 24 hours and Eddie was supposed to come to a decision on accepting or rejecting the challenge. Lunchbox may be a tightwad, but he's so confident Eddie can't do this that he threw $100 into the pot. So Now Eddie has to decide if he can eat 70 hot dogs in 24 hours for $700 and... he thinks he can! He accepted the challenge and after all the logistics are worked out, he will start eating them while live streaming on the Bobby Bones Show YouTube page.