What is meant by SP in horse racing?

Question

I have been told it's the starting price, does that mean its the odds before the start of the race? can anyone explain to me please thanks

Answer 1

I am pretty sure that if you see"SP"in the racing form describing the horse's past performances.. the "sp"  stand for Stakes Placed... There is no such thing as "starting price".. The correct racing term is morning line odds and a horse could be given odds in a particular race like 3-1, 4-1.8/5..etc but that would be an odds demarcation that the morning line maker gives each horse in a race.. When the public bets on a horse.. the odds change and the final odds that the horse goes off at is determined by the amount of money bet on that particular horse.. That is what is called "Peri mutual betting"... but to keep to the question.. starting price is not the answer....

Answer 2

Starting Price

When a race starts there are selected officials in the betting ring who are paid to note the betting odds at the 'off'.

These odds are then given as the starting price and all bets which did not taken at a fixed price are settled accordingly.

Answer 3

As the previous posters have said SP is Starting Price but be careful which country this is as it mostly applies to British and Irish racing where Starting Prices are returned.

In other countries bets are placed in pool systems such as Pari Mutuel and the result is declared as a dividend to, say, a $2 stake.

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SP is often used as slang to state that someone wants to know everything about something.

e.g. "Tell me about so and so - give me the full SP"

Answer 4

Its the starting price just before the race starts,the odds you will get if you win, unless you took an earlier price-so yeah, your right!

Answer 5

SP means starting price, the price of a selection before the event starts, say just before a race starts a horse would be 3/1 so that would be the price it would return at

then you have the early price, in the morning & up to 15minitues before the race you can get this price, so on the same horse that is 3/1 at the off you might get an early price of 6/1

after the early price goes 15minitues before the race you then get board price, these are the prices that chanfge as money comes in for diferent horses, so it would go from 6/1 to 5/2 to 3/1, if you do not take a price when you place your bet you will get the board price at the off which is your SP

then there is anti post price, in the weeks leading up to a event you can get this price, so on the same horse you could get an anti post price of 9/1

make sense???

Answer 6

Yes its the starting price before the start of the race. If loads of money is being put on that horse, then the sp comes down. If you want to do an anti post bet, say for example you want to back a horse in the derby today, (for when the derby is run next month) you can take the price there showing today, if it wins your guaranteed to get them odds. Good Luck.

Answer 7

SP stands for the starting price at the official start of a race.

Answer 8

yes, if a horse is 10/1 when the race starts thats the price you get when it hopefully passes the winning line, so you were right....but you unfortunately cant get the points... sorry, but good luck on the next race!

Answer 9

The only thing I could think of for SP would mean Stakes Placed. No such thing as starting price, it is called morning line, therefore M/L. Of course you havent given any context as to where you saw the term used. Maybe I have to modify my answer as maybe it is a term used in British racing.

Answer 10

you got it