fixture on Monday, on-course bookmakers will make up between 10% and 12.5% of the overall sample, following a recommendation from HRI\u2019s Betting Committee.\u00a0<\/span><\/p>\n\u201cThis is a significant change to the construction of the Starting Price being returned on Irish racing and is the culmination of a review process which was underway prior to the COVID-19 pandemic,\u201d explained <\/span>Pat Brennan<\/b>, HRI\u2019s Racing Services Manager.<\/span><\/p>\n\u201cSubmissions were sought from the INPBA (representing on-course bookmakers in Ireland), the NIOCBA (representing on-course bookmakers in Northern Ireland) and the Irish Bookmakers Association (representing the off-course industry) and these submissions were considered in reaching the recommendation.\u00a0<\/span><\/p>\n\u201cThe HRI Betting Committee has sought to modernise the SP in a way which fairly reflects how today\u2019s betting markets operate by extending the sample to include a greater proportion of the off-course market and at the same time ensuring the process can stand up to the highest levels of scrutiny.\u00a0<\/span><\/p>\n\u201cRecent discussions with the UK SPRC have also confirmed their desire to implement such a system once the technology required to incorporate the on-course price becomes available in the UK.\u00a0<\/span><\/p>\n\u201cIt is vital that any change in the process has the full support and confidence of all stakeholders, and I welcome the return of the on-course market into this new methodology which ensures accuracy, full transparency, and complete integrity of the Starting Price. This will benefit the industry overall.\u201d<\/span><\/p>\n
\nSource: SBC News<\/p>\n","protected":false},"excerpt":{"rendered":"
HRI confirms Kilbeggan to debut new Starting Price following review process
From next week, a combination of off-course prices and on-course bookmaker prices will be used to produce the Starting Price (SP) on Irish racing.\u00a0 Approved by the Board of Horse Racing Ireland (HRI), and set to kick-in at the Kilbeggan fixture on Monday, on-course bookmakers will make up between 10% and 12.5% of the overall sample, following a recommendation from HRI\u2019s Betting Committee.\u00a0 \u201cThis is a significant change to the construction of the Starting Price being returned on Irish racing and is the culmination of a review process <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"false","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[1],"tags":[13],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p6D2Px-x0Y","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.i-conseils.fr\/index.php\/wp-json\/wp\/v2\/posts\/126912"}],"collection":[{"href":"https:\/\/www.i-conseils.fr\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.i-conseils.fr\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.i-conseils.fr\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.i-conseils.fr\/index.php\/wp-json\/wp\/v2\/comments?post=126912"}],"version-history":[{"count":1,"href":"https:\/\/www.i-conseils.fr\/index.php\/wp-json\/wp\/v2\/posts\/126912\/revisions"}],"predecessor-version":[{"id":126913,"href":"https:\/\/www.i-conseils.fr\/index.php\/wp-json\/wp\/v2\/posts\/126912\/revisions\/126913"}],"wp:attachment":[{"href":"https:\/\/www.i-conseils.fr\/index.php\/wp-json\/wp\/v2\/media?parent=126912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.i-conseils.fr\/index.php\/wp-json\/wp\/v2\/categories?post=126912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.i-conseils.fr\/index.php\/wp-json\/wp\/v2\/tags?post=126912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}