It depends on the dog. My pug can eat Raw hide bones, but they cause my sister's greyhounds to get sick. They are also dangerous because they can choke on them.
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I'm not sure of the effect that raw hide treats have on cholesterol. However, they have been known to cause blockages/obstruction that can be deadly.

The breeder I got my dog from specifically stated not to ever give him rawhide as they may contain formaldehyde. Many rawhide products are processed with chemicals such as formaldehyde that aren't healthy.

The breeder's recommendation and what I have gone with are bully sticks. They are dried tendons and considered healthy and my dog LOVES them!

I particularly like the bully sticks from this website:

http://www.naturalbullysticks.com/

* Our bully sticks come from free range cattle not from a feed lot.
* They are free from hormones, antibiotics, steroids or additives.
* All our product is USDA and FDA Approved.
* Our bully sticks are dried vertically, not horizontally, which thoroughly drains the bully stick and the need to smoke them to hide odor.
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There's no question that bully sticks are healthier for dogs than DINGO raw hide. If your dog has high cholesterol (and I've known dogs that have), it would be judicious to stop feeding him/her as soon as possible and instead give them bully sticks, which they will probably like just as much anyway. Many people enjoy the bully stick selection from this site:

http://www.bestbullysticks.com/
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U should only give raw hides to pets only once a week because there can be fat on the hide.
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