The spelling of the word "LSEPSP" can be confusing as it does not follow traditional English phonetics. However, using the International Phonetic Alphabet (IPA), the spelling becomes clearer. "L" is pronounced as "ɛl", "S" as "ɛs", "E" as "i", "P" as "pi", and so on. The sequence of letters may not make sense phonetically, but understanding the IPA can help decipher the pronunciation of seemingly complex words.