The Panama City Beach Chamber of Commerce hosted "Derby Day" at Ebro Greyhound Park Saturday to benefit beach care services.
So is it the top dog or the underdog that comes out on top? And how do handicappers place their bets anyway?
"Oh, it's really really scientific," said Mayor of Panama City Beach Gayle Oberst.
"I haven't been doing too good on the betting strategy thing," said Jackie Ullman.
"Bet on all the dogs then your sure to win," said Panama City Beach Public Utilities Director Paul Casto.
So placing bets is sometimes what you make it.
"I pick the name I like," said Oberst. "Or if its got the color red in it to match my hat."
"I'm hoping maybe mine will be on one of those lucky ones that comes in with the long shot," said Ullman.
"Well, since its raining," joked Casto. "I like to bet on the heavy dogs because I think they can hold the track better when they make the turns."
But throw these bettors a bone. After all, they're not exactly track regulars.
"Some dogs, I understand, run better in the rain," said Oberst.
"Especially dogs that wear red run better in the rain?"
"Sure!" Oberst laughed.
Panama City Beach Chamber of Commerce is pausing for a good cause. Which is somewhat ironic, because pause for too long and you might be left in the dust! Money earned during Saturday's "Derby Day", and betting on our four legged friends, goes toward Beach Care Services.
"It's our first derby and we hope that this will be a continuing success for Beach Care in years to come."
But how did the crowd fare? Well....some win... and some lose.
"It's working right now lets home the rain keeps up," said Casto.
"I've won one or two and that's it," said Ullman.
"Well it really is a dog eat dog world, and the dogs just ate our money," said Oberst.
Those attending the event at the park were treated to a free lunch and also took part in a derby hat contest.