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Donoughue: SP remains a trusted medium for punters

Punters were out in force on the first Classic day of the season
The SPRC said punters are not being ripped off by the SP systemCredit: Edward Whitaker

Punters taking starting prices are not being "misled or ripped off" according to the body charged with responsibility for the system's integrity.

Lord Donoughue, chairman of the Starting Price Regulatory Commission, said the traditional SP was a "trusted medium" for most customers in his personal statement in the organisation's recently published annual report for 2016.

The SPRC was the subject of strong criticism from the Horseracing Bettors Forum over the report it produced last year into the 2015 Grand National overround, while it was also accused of being unaccountable.

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