Saber Hole is a Counter Trap Card.
Trap Cards are normally Set first and can be activated on a later turn, often in response to an action.
On the current TCG and OCG Forbidden & Limited lists tracked here, Saber Hole is Unlimited.
YGOPRODeck lists Saber Hole for these formats: Duel Links, Edison, Common Charity, TCG, OCG, Master Duel.
Saber Hole belongs to the Hole archetype—use that tag when searching for engine pieces and tech options.
A listed print of Saber Hole appears in Absolute Powerforce (ABPF-EN073) at Super Rare rarity.
Among markets shown on this page, the lowest listed snapshot for Saber Hole is about $0.19 on Cardmarket (prices change frequently).