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Before Bill C-218 was passed, it was amended to not permit fixed-odds wagering on horse racing to protect the industry in Canada amid concerns sports books would "cannibalize" it.

Pro horse racing handicapper Michael “The Wizard” Kipness analyzes the eight-horse field for Saturday’s Belmont Stakes, labeling each horse a contender or pretender.

LOUISVILLE, Ky. (WKYT) - Betting on horse racing can sound like speaking a foreign language. The jargon, the odds, the program and placing the bet can all seem super complicated. WKYT is here to help!

Michael “The Wizard” Kipness, a professional horse racing handicapper since 1986, analyzes the nine-horse field for Saturday’s 150th Preakness Stakes.

We’ve all seen the horse that went into the gate at 4-1, hit the turn at 2-1, and crossed the wire at 4-5. Fair odds are simply a tool to keep you from betting too many underlays.

In this installment of my Respected Money Kentucky Derby horse betting profiles, we will focus on a colt who enters the Run for the Roses fresh off a career-best effort.