What does SP mean in betting?

Any bettor who has looked at a race market for greyhounds or horses on betting sites may have spotted the abbreviation SP next to a competitor, rather than the usual betting odds.

Those learning how to bet on sport might be unsure what SP stands for, so the Standard’s betting team have put together a guide on what SP means in betting and how it works.

What does SP mean in betting?

SP stands for Starting Price, the official price at which a horse or greyhound is trading when a race begins. It is used to settle bets where the bettor has…

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