Each-way terms. Edition of 2026-10-02.
12 of the 47 races run on Fri 2 Oct 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 Fri 2 Oct: 47 UK and Irish races, 14 changes to the place terms, and 10 races paying above the bookmaker’s own ladder. 10 were seen before race day and 4 on the day. A further 34 readings recorded only a change in field size, which is a non-runner rather than the book moving. Of the 14 term changes, 4 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.
5 races 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a field that had already shrunk through non-runners, so they are mechanical adjustments rather than an offer being withdrawn.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 |
|---|---|---|---|---|
| Thu 1 Oct, 10:00 UTC | Ascot 13:50 | 4 → 5 | 1/4 → 1/5 | 20 |
| Thu 1 Oct, 10:00 UTC | Gowran Park 15:41 | 4 → 5 | 1/4 → 1/5 | 25 |
| Thu 1 Oct, 10:00 UTC | Ascot 16:10 | 4 → 5 | 1/4 → 1/5 | 20 |
| Thu 1 Oct, 10:00 UTC | Gowran Park 16:16 | 4 → 5 | 1/4 → 1/5 | 25 |
| Thu 1 Oct, 10:00 UTC | Gowran Park 16:50 | 4 → 5 | 1/4 → 1/5 | 18 |
| Thu 1 Oct, 10:00 UTC | Dundalk 17:00 | 3 → 4 | 1/4 → 1/5 | 16 |
| Thu 1 Oct, 10:00 UTC | Newcastle 18:45 | 3 → 4 | 1/4 → 1/5 | 15 |
| Thu 1 Oct, 10:00 UTC | Newcastle 19:15 | 3 → 4 | 1/4 → 1/5 | 16 |
| Thu 1 Oct, 12:00 UTC | Hexham 17:08 | 3 → 2 | 1/5 → 1/4 | 10 → 9 |
| Thu 1 Oct, 15:00 UTC | Gowran Park 15:06 | 3 → 4 | 1/5 | 22 |
| Fri 2 Oct, 08:00 UTC | Hexham 15:23 | 3 → 2 | 1/5 → 1/4 | 12 → 9 |
| Fri 2 Oct, 08:00 UTC | Wolverhampton 17:25 | 2 → 1 | 1/4 → win only | 7 → 6 |
| Fri 2 Oct, 11:00 UTC | Gowran Park 16:50 | 5 → 4 | 1/5 | 17 |
| Fri 2 Oct, 14:00 UTC | Gowran Park 16:16 | 5 → 4 | 1/5 | 18 → 16 |
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 |
|---|---|---|---|---|
| Gowran Park 13:21 | 15 | 3 | 1/5 | 3 |
| Wolverhampton 13:31 | 12 | 3 | 1/5 | 3 |
| Hexham 13:38 | 8 | 2 | 1/4 | 2 |
| Ascot 13:50 above ladder (terms moved) | 20 | 5 | 1/5 | 3 |
| Gowran Park 13:56 | 22 | 3 | 1/5 | 3 |
| Wolverhampton 14:06 | 11 | 3 | 1/5 | 3 |
| Hexham 14:13 | 8 | 2 | 1/4 | 2 |
| Ascot 14:25 | 7 | 2 | 1/4 | 2 |
| Gowran Park 14:31 | 8 | 2 | 1/4 | 2 |
| Wolverhampton 14:41 | 9 | 2 | 1/4 | 2 |
| Hexham 14:48 | 9 | 2 | 1/4 | 2 |
| Ascot 15:00 | 11 | 3 | 1/5 | 3 |
| Gowran Park 15:06 above ladder (terms moved) | 19 | 4 | 1/5 | 3 |
| Wolverhampton 15:16 | 12 | 3 | 1/5 | 3 |
| Hexham 15:23 (terms moved) | 9 | 2 | 1/4 | 2 |
| Ascot 15:35 | 7 | 2 | 1/4 | 2 |
| Gowran Park 15:41 above ladder (terms moved) | 22 | 5 | 1/5 | 4 |
| Wolverhampton 15:51 | 12 | 3 | 1/5 | 3 |
| Hexham 15:58 | 7 | 2 | 1/4 | 2 |
| Newcastle 16:05 | 12 | 3 | 1/5 | 3 |
| Ascot 16:10 above ladder (terms moved) | 20 | 5 | 1/5 | 3 |
| Gowran Park 16:16 above ladder (terms moved) | 15 | 4 | 1/5 | 3 |
| Wolverhampton 16:25 | 7 | 2 | 1/4 | 2 |
| Hexham 16:33 | 7 | 2 | 1/4 | 2 |
| Newcastle 16:40 | 11 | 3 | 1/5 | 3 |
| Ascot 16:45 | 8 | 2 | 1/4 | 2 |
| Gowran Park 16:50 above ladder (terms moved) | 16 | 4 | 1/5 | 3 |
| Wolverhampton 16:55 | 11 | 3 | 1/5 | 3 |
| Dundalk 17:00 above ladder (terms moved) | 14 | 4 | 1/5 | 3 |
| Hexham 17:08 (terms moved) | 9 | 2 | 1/4 | 2 |
| Newcastle 17:15 | 12 | 3 | 1/5 | 3 |
| Gowran Park 17:20 | 12 | 3 | 1/5 | 3 |
| Wolverhampton 17:25 (terms moved) | 6 | 1 | win only | 1 |
| Dundalk 17:30 | 10 | 3 | 1/5 | 3 |
| Newcastle 17:45 | 8 | 2 | 1/4 | 2 |
| Wolverhampton 17:55 | 13 | 3 | 1/5 | 3 |
| Dundalk 18:00 above ladder | 15 | 4 | 1/5 | 3 |
| Newcastle 18:15 | 14 | 3 | 1/5 | 3 |
| Dundalk 18:30 | 9 | 2 | 1/4 | 2 |
| Newcastle 18:45 above ladder (terms moved) | 15 | 4 | 1/5 | 3 |
| Dundalk 19:00 | 11 | 3 | 1/5 | 3 |
| Newcastle 19:15 above ladder (terms moved) | 16 | 4 | 1/5 | 3 |
| Dundalk 19:30 | 12 | 3 | 1/5 | 3 |
| Newcastle 19:45 | 8 | 2 | 1/4 | 2 |
| Dundalk 20:00 | 16 | 3 | 1/5 | 3 |
| Newcastle 20:15 | 12 | 3 | 1/5 | 3 |
| Dundalk 20:30 | 7 | 2 | 1/4 | 2 |
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 27 days of collection; a later one is judged against more, and will look more generous for that reason alone.