starting price

noun

(esp in horse racing) the latest odds offered by bookmakers at the start of a race

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Examples from the Web for starting price

Historical Examples of starting price

Almost the last thing that you expect in a starting-price bookie is a strong penchant for poetry.
Punch, or the London Charivari, Vol. 146, April 8, 1914
Various