Each-way terms. Edition of 2026-10-04.
7 of the 29 races run on Sun 4 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 Sun 4 Oct: 29 UK and Irish races, 7 changes to the place terms, and 6 races paying above the bookmaker’s own ladder. 1 was seen before race day and 6 on the day. A further 22 readings recorded only a change in field size, which is a non-runner rather than the book moving. Of the 7 term changes, 6 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.
7 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a field that had already shrunk through non-runners, so they are mechanical adjustments rather than an offer being withdrawn.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 |
|---|---|---|---|---|
| Sat 3 Oct, 20:00 UTC | Kelso 16:05 | 2 → 1 | 1/4 → win only | 7 → 6 |
| Sun 4 Oct, 07:00 UTC | Killarney 14:45 | 3 → 2 | 1/5 → 1/4 | 10 → 9 |
| Sun 4 Oct, 08:00 UTC | Uttoxeter 14:36 | 3 → 2 | 1/5 → 1/4 | 10 → 9 |
| Sun 4 Oct, 10:00 UTC | Killarney 16:30 | 2 → 1 | 1/4 → win only | 7 → 6 |
| Sun 4 Oct, 11:00 UTC | Curragh 13:20 | 3 → 2 | 1/5 → 1/4 | 10 → 9 |
| Sun 4 Oct, 13:00 UTC | Kelso 14:20 | 3 → 2 | 1/5 → 1/4 | 11 → 9 |
| Sun 4 Oct, 14:00 UTC | Curragh 15:05 | 4 → 3 | 1/5 | 12 |
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 |
|---|---|---|---|---|
| Uttoxeter 12:51 | 5 | 1 | win only | 1 |
| Curragh 13:20 (terms moved) | 9 | 2 | 1/4 | 2 |
| Uttoxeter 13:26 | 7 | 2 | 1/4 | 2 |
| Killarney 13:35 | 10 | 3 | 1/5 | 3 |
| Kelso 13:45 | 5 | 1 | win only | 1 |
| Curragh 13:55 | 14 | 3 | 1/5 | 3 |
| Uttoxeter 14:01 | 10 | 3 | 1/5 | 3 |
| Killarney 14:10 above ladder | 18 | 5 | 1/5 | 3 |
| Kelso 14:20 (terms moved) | 9 | 2 | 1/4 | 2 |
| Curragh 14:30 | 12 | 3 | 1/5 | 3 |
| Uttoxeter 14:36 (terms moved) | 9 | 2 | 1/4 | 2 |
| Killarney 14:45 (terms moved) | 9 | 2 | 1/4 | 2 |
| Kelso 14:55 | 6 | 1 | win only | 1 |
| Curragh 15:05 (terms moved) | 12 | 3 | 1/5 | 3 |
| Uttoxeter 15:15 | 7 | 2 | 1/4 | 2 |
| Killarney 15:20 above ladder | 15 | 4 | 1/5 | 3 |
| Kelso 15:30 | 7 | 2 | 1/4 | 2 |
| Curragh 15:40 above ladder | 18 | 4 | 1/5 | 3 |
| Uttoxeter 15:45 | 13 | 3 | 1/5 | 3 |
| Killarney 15:55 | 12 | 3 | 1/5 | 3 |
| Kelso 16:05 (terms moved) | 5 | 1 | win only | 1 |
| Curragh 16:15 | 24 | 5 | 1/5 | 5 |
| Uttoxeter 16:20 | 11 | 3 | 1/5 | 3 |
| Killarney 16:30 (terms moved) | 6 | 1 | win only | 1 |
| Kelso 16:40 | 10 | 3 | 1/5 | 3 |
| Curragh 16:50 above ladder | 14 | 4 | 1/5 | 3 |
| Uttoxeter 16:56 | 9 | 2 | 1/4 | 2 |
| Killarney 17:05 above ladder | 17 | 4 | 1/5 | 3 |
| Curragh 17:25 above ladder | 18 | 5 | 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 29 days of collection; a later one is judged against more, and will look more generous for that reason alone.