# Players' Podcast - Is It Time for Fixed Odds in Horse Racing? | w/ Marshall Gramm Page: https://stenobird.com/podcast/in-the-money-players-podcast-186261/players-podcast-is-it-time-for-fixed-odds-in-horse-racing-w-marshall-gramm Text version: https://stenobird.com/podcast/in-the-money-players-podcast-186261/players-podcast-is-it-time-for-fixed-odds-in-horse-racing-w-marshall-gramm.md Podcast: [In The Money Players' Podcast](https://stenobird.com/podcast/in-the-money-players-podcast-186261) Published: 2026-05-06T16:00:00+00:00 Episode link: https://inthemoneypodcast.com Audio file: https://episodes.captivate.fm/episode/e699f700-9145-4e13-9e99-008031a95949.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/in-the-money-players-podcast-186261/episodes/players-podcast-is-it-time-for-fixed-odds-in-horse-racing-w-marshall-gramm Duration seconds: 2059 ## Resource In The Money Media's Peter Thomas Fornatale (PTF) sits with mathematics professor and horseplayer Marshall Gramm to discuss whether a possible big change is needed for betting on horse racing in 2026. Following a controversial moment on Kentucky Derby 2026 day where 30-1 morning line shot T O Elvis dropped in price after the gates sprung to win the Churchill Downs Stakes at odds of 5-1, PTF has a conversation with Marshall Gramm about if fixed odds could be a solution to the price fluctuations seen when betting on horse racing as a result of late money not settling the odds until after the race starts. Bettors for a long time have expressed a disdain for price shifts in races, which has become another layer of difficulty in forecasting bets and trying to find value inside of races. Fixed odds as an offering seemingly would solve the price-shift frustrations, but how would it work? Could it work inside of American horse racing? ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/in-the-money-players-podcast-186261/episodes/players-podcast-is-it-time-for-fixed-odds-in-horse-racing-w-marshall-gramm/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/in-the-money-players-podcast-186261/players-podcast-is-it-time-for-fixed-odds-in-horse-racing-w-marshall-gramm.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.