Answer:
Olly does not work hard by contributing some reasonable efforts to its owners. He is not controllable.
Explanation:
Olly was a horse in the passage, Ted's Champion. Ted's father complained that Olly could not be controlled by the other kids and so he contemplated giving it away. However, the animal was loved by Ted and he vowed to keep it.
The animal only seemed to obey Ted, unlike the other kids. Since Ted always went to school and came back home in the summer, Pops felt there was no need to keep Olly.