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In the table Historic_runners data there are columns Starting Price and Forecast price?
At what time are this prices fixed? 
Do I understand correctly that Forecast price is a price that BF gives several days before the race? 
And is Starting Price the price in Exchange where the race starts and there are only in-play bets available?

in Smartform by Chingizua Plater (160 points)

1 Answer

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Starting price is the industry SP (not exchange) that is approximately the average of all starting prices being offered by bookmakers on course when any race begins.

Forecast price is a forecast or tissue based on odds compiler estimates the day before the race is run, attempting to forecast the industry SP (as defined above).
by coltest Listed class (3.0k points)
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