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[suzanneb]

what does the phrase 'the full s. p' mean

[halfadaily]

Hi Suzanne

"the full sp" is an expression used in racing when showing the starting odds for all the runners in a race. It's also used as an everyday expression when giving the latest information about a situation/person etc.

examples; someone looking to invest on the stock market may ask "what's the full sp on company x" meaning the current financial position. Or someone holding job interviews may ask a colleague for the full sp about joe bloggs before the interview.

Richard

[maxi29]

It stands for starting price.

[suzanneb]

thanks for your answers....its not just the meaning what does s.p stand for...

[noxlumos]

Hi, Maxi already said it stands for "Starting Price".

It's used in common language to mean having all the info, from having the Starting Price in racing and therefore the knowledge of the chances of winning.

[Quizmonster]

Perhaps, Suzanne, you are not too familiar with the world of horse-racing. Bookmakers - these are the companies/men who accept bets from other people on the possible result of a race - set the odds for each horse some time before the race starts.
They base these odds on what they already know about the ability of the horses involved. So, a very good horse might be quoted at 'evens', which means that, if you bet �1.00 on it and it does win, the bookmaker will give you �2.00 back...your own �1.00 plus a �1.00 of his own. A not-so-good horse may be set at 10/1. That means that, if it wins, the bookmaker will give you �11.00 back...your own �1.00 and �10.00 of his own.
As the start-time of the race approaches, these odds often change, as they are based entirely on the amount of money gamblers - including those at the race-track - finally place on each horse. So, if the 10/1 horse attracts lots of support, its odds will gradually move in from 10/1 to, perhaps, 4/1. Likewise, the evens (1/1) horse might lose support and move out to 3/1.
The moment the starter gets the race going, the odds on each horse are finally set and those odds are called "the starting price". "The full SP", therefore, means the list of odds on all the horses in a given race. In other situations, away from racing, the phrase means the same thing...ie "all the necessary information".

[Quizmonster]

I don't suppose it's of any great interest to anyone, but I couldn't just let the moment pass unnoticed...my response above is the 6,000th answer I have provided on AnswerBank.

[Jules001]

well I for one am very impressed QM, well done - mine has just gone over the 900 mark. I was going to answer this question but wasn't 100% sure that it was starting price, I checked with Mr Jules and he said 'no s.p. is Latin' so I doubted myself now I know I was correct!

[Quizmonster]

Sorry to hijack your thread, Suzanne, but I must just thank Jules for the kind comment above.

[BriWrite]

Im new to this site, how do you know how many you've answered?

[halfadaily]

Hi BriWrite, go to my profile(top left) details there

[BriWrite]

Thanks Halfadaly