Each-way terms. Edition of 2026-09-10.
5 of the 37 races run on Thu 10 Sept had their terms changed
We read Paddy Power’s published each-way terms once an hour, from the morning before the race. This is the record for the races run on Thu 10 Sept: 37 UK and Irish races, 5 changes to the place terms, and 7 races paying above the bookmaker’s own ladder. 4 were seen before race day and 1 on the day. A further 20 readings recorded only a change in field size, which is a non-runner rather than the book moving. Of the 5 term changes, 1 happened at the same moment the field changed, so those may be the field crossing a step of the ladder rather than a decision about the offer.
1 race lost a place. Every one of them followed a field that had already shrunk through non-runners, so they are mechanical adjustments rather than an offer being withdrawn.
When the place terms moved
| Seen at | Race | Places | Fraction | Field |
|---|---|---|---|---|
| Wed 9 Sept, 09:00 UTC | Lingfield 14:40 | 3 → 4 | 1/4 → 1/5 | 14 |
| Wed 9 Sept, 09:00 UTC | Worcester 15:55 | 3 → 4 | 1/5 | 13 |
| Wed 9 Sept, 09:00 UTC | Epsom 16:17 | 4 → 5 | 1/4 → 1/5 | 19 |
| Wed 9 Sept, 09:00 UTC | Lingfield 16:23 | 3 → 4 | 1/5 | 13 |
| Thu 10 Sept, 11:00 UTC | Doncaster 15:00 | 3 → 2 | 1/5 → 1/4 | 10 → 9 |
The day and hour are when we saw the change, not when it was made: we read on the hour, so a change shown at 10:00 happened some time after 09:00.
Every race that day
| Race | Field | Places | Fraction | House ladder |
|---|---|---|---|---|
| Doncaster 13:15 above ladder | 13 | 4 | 1/5 | 3 |
| Worcester 13:40 | 8 | 2 | 1/4 | 2 |
| Doncaster 13:50 above ladder | 19 | 4 | 1/5 | 3 |
| Epsom 14:00 | 12 | 3 | 1/5 | 3 |
| Worcester 14:10 | 7 | 2 | 1/4 | 2 |
| Doncaster 14:25 above ladder | 13 | 4 | 1/5 | 3 |
| Epsom 14:35 | 11 | 3 | 1/5 | 3 |
| Lingfield 14:40 above ladder (terms moved) | 14 | 4 | 1/5 | 3 |
| Worcester 14:45 | 10 | 3 | 1/5 | 3 |
| Doncaster 15:00 (terms moved) | 9 | 2 | 1/4 | 2 |
| Epsom 15:07 | 11 | 3 | 1/5 | 3 |
| Lingfield 15:13 | 10 | 3 | 1/5 | 3 |
| Worcester 15:20 | 14 | 3 | 1/5 | 3 |
| Doncaster 15:35 | 13 | 3 | 1/5 | 3 |
| Epsom 15:42 | 8 | 2 | 1/4 | 2 |
| Lingfield 15:48 | 12 | 3 | 1/5 | 3 |
| Worcester 15:55 above ladder (terms moved) | 13 | 4 | 1/5 | 3 |
| Doncaster 16:10 | 8 | 2 | 1/4 | 2 |
| Epsom 16:17 above ladder (terms moved) | 17 | 5 | 1/5 | 4 |
| Lingfield 16:23 above ladder (terms moved) | 13 | 4 | 1/5 | 3 |
| Worcester 16:30 | 12 | 3 | 1/5 | 3 |
| Laytown 16:39 | 12 | 3 | 1/5 | 3 |
| Doncaster 16:45 | 10 | 3 | 1/5 | 3 |
| Epsom 16:52 | 12 | 3 | 1/5 | 3 |
| Lingfield 16:58 | 12 | 3 | 1/5 | 3 |
| Worcester 17:05 | 11 | 3 | 1/5 | 3 |
| Laytown 17:14 | 12 | 3 | 1/5 | 3 |
| Doncaster 17:20 | 11 | 3 | 1/5 | 3 |
| Epsom 17:27 | 11 | 3 | 1/5 | 3 |
| Lingfield 17:33 | 8 | 2 | 1/4 | 2 |
| Laytown 17:49 | 12 | 3 | 1/5 | 3 |
| Lingfield 18:05 | 10 | 3 | 1/5 | 3 |
| Laytown 18:20 | 11 | 3 | 1/5 | 3 |
| Lingfield 18:35 | 11 | 3 | 1/5 | 3 |
| Laytown 18:50 | 12 | 3 | 1/5 | 3 |
| Lingfield 19:05 | 12 | 3 | 1/5 | 3 |
| Laytown 19:20 | 12 | 3 | 1/5 | 3 |
Race times are BST. “House ladder” is the fewest places we have ever seen this bookmaker pay for a field of that size in a race of that type, derived from our own collection and cut at this edition’s date — not the classic each-way table, which they do not follow.
This count is not comparable with a later edition’s. The ladder is the fewest places we have ever seen, so it can only fall as we collect more, and “above the ladder” rises with it. This edition was judged against 5 days of collection; a later one is judged against more, and will look more generous for that reason alone.