Rennett Stowe/Flickr (Creative Commons)

Start of a horse race at Santa Anita Park

California is poised to pass a little bit of legislation that could make some big changes in the world of racing. SB 10.72 is the bill and if the governor signs it California would be the first state to let gamblers win big if they bet on a losing horse.

Right now gamblers are asked to pick the winner. Reporter Sanden Totten looks into the details of this new form of wagering.