'Modernised' SP system largely based on off-course bets set for trial run

The packed betting ring at last year's Cheltenham Festival

Changes are planned to the way the starting price is returnedCredit: Edward Whitaker

Controversial plans to change the historic starting price system in Britain so it is largely based on the off-course betting market are to be discussed in a consultation meeting on Wednesday.

The Starting Price Regulatory Commission (SPRC) is set to talk over the proposals with racecourse bookmakers and members of the off-course industry, along with other interested parties.

An SPRC paper circulated before the meeting claimed that "a tipping point has been reached" and that the on-course market "no longer produces an SP which is reflective of the overall betting market".

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Bill BarberIndustry editor

Published on 26 May 2020inNews

Last updated 18:52, 26 May 2020

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