The spelling of the phrase "inside dopes" can be explained using the International Phonetic Alphabet (IPA) as follows: /ɪnˈsaɪd dəʊps/. The first word, "inside," is pronounced with a short "i" sound followed by a voiced "d" and a silent "e." The second word, "dopes," is pronounced with a long "o" sound, a voiceless "p," and a voiced "s." Together, the phrase refers to individuals who have privileged information or access to inside information. However, the use of the term can be seen as derogatory.