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When ready to cook, start the Traeger grill on Smoke with the lid open until the fire is established (4 to 5 minutes). Set the temperature to 400 degrees F and preheat, lid closed, for 10 to 15 minutes.
Mix all ingredients (except for garnishes) in a dutch oven or oven safe stock pot. Stir well to combine. Add salt and pepper to taste.
Cover dutch oven and place in grill for 4 hours.
Remove dutch oven from grill. Serve chili in a bowl topped with garnishes. Enjoy!