In betting, the term “SP” stands for “Starting Price.” It represents the final odds or the price of a horse at the time a race begins. This can be particularly useful for bettors who want to wager on a horse but are unsure about the fluctuations in odds before the race.
- Definition: SP is the starting price of a horse at race time.
- Usage: Commonly used in horse racing.
- Benefits: Useful for bettors who want stable odds.
- Calculation: Determined by on-course bookmakers.
Why Choose SP?
Choosing SP can be advantageous as it allows bettors to avoid the risk of changing odds right up until the start of the race. This way, you can place your bets with confidence, knowing that the price will not fluctuate further.
