What does the cryptic crossword clue "Jumper's odds double (8)" mean?

The definition is "Jumper". The wordplay uses a charade (building blocks). SP (synonym="Starting Price – betting odds") + RINGER (synonym="double") = SPRINGER The answer is SPRINGER.

Jumper's odds double (8)

Independent Cryptic #11693 | 4 Down | 2024-04-02 flower

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