Each-way terms. Edition of 2026-10-05.
19 of the 54 races run on Mon 5 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 Mon 5 Oct: 54 UK and Irish races, 20 changes to the place terms, and 16 races paying above the bookmaker’s own ladder. 16 were seen before race day and 4 on the day. A further 37 readings recorded only a change in field size, which is a non-runner rather than the book moving. Of the 20 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.
4 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a field that had already shrunk through non-runners, so they are mechanical adjustments rather than an offer being withdrawn.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 |
|---|---|---|---|---|
| Sun 4 Oct, 09:00 UTC | Killarney 14:10 | 3 → 4 | 1/4 → 1/5 | 14 |
| Sun 4 Oct, 09:00 UTC | Pontefract 14:40 | 3 → 4 | 1/4 → 1/5 | 16 |
| Sun 4 Oct, 09:00 UTC | Killarney 14:45 | 3 → 4 | 1/4 → 1/5 | 20 |
| Sun 4 Oct, 09:00 UTC | Fairyhouse 15:05 | 4 → 5 | 1/4 → 1/5 | 20 |
| Sun 4 Oct, 09:00 UTC | Pontefract 15:15 | 3 → 4 | 1/4 → 1/5 | 15 |
| Sun 4 Oct, 09:00 UTC | Pontefract 15:50 | 3 → 4 | 1/4 → 1/5 | 14 |
| Sun 4 Oct, 09:00 UTC | Pontefract 16:21 | 3 → 4 | 1/4 → 1/5 | 16 |
| Sun 4 Oct, 09:00 UTC | Killarney 16:30 | 3 → 4 | 1/4 → 1/5 | 16 |
| Sun 4 Oct, 09:00 UTC | Yarmouth 16:40 | 3 → 4 | 1/4 → 1/5 | 14 |
| Sun 4 Oct, 09:00 UTC | Fairyhouse 16:50 | 3 → 4 | 1/4 → 1/5 | 15 |
| Sun 4 Oct, 09:00 UTC | Fairyhouse 17:25 | 4 → 5 | 1/4 → 1/5 | 21 |
| Sun 4 Oct, 09:00 UTC | Pontefract 17:33 | 3 → 4 | 1/4 → 1/5 | 16 |
| Sun 4 Oct, 09:00 UTC | Wolverhampton 18:30 | 3 → 4 | 1/4 → 1/5 | 15 |
| Sun 4 Oct, 09:00 UTC | Kempton 19:15 | 3 → 4 | 1/4 → 1/5 | 15 |
| Sun 4 Oct, 09:00 UTC | Kempton 19:45 | 3 → 4 | 1/5 | 13 |
| Sun 4 Oct, 09:00 UTC | Wolverhampton 20:30 | 3 → 4 | 1/4 → 1/5 | 14 |
| Mon 5 Oct, 09:00 UTC | Killarney 15:55 | 3 → 2 | 1/5 → 1/4 | 10 → 9 |
| Mon 5 Oct, 09:00 UTC | Wolverhampton 17:30 | 2 → 1 | 1/4 → win only | 7 → 6 |
| Mon 5 Oct, 10:00 UTC | Killarney 17:05 | 3 → 2 | 1/5 → 1/4 | 11 → 9 |
| Mon 5 Oct, 15:00 UTC | Fairyhouse 17:25 | 5 → 4 | 1/5 | 18 → 17 |
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 |
|---|---|---|---|---|
| Killarney 13:00 | 14 | 3 | 1/5 | 3 |
| Yarmouth 13:15 | 11 | 3 | 1/5 | 3 |
| Pontefract 13:30 | 7 | 2 | 1/4 | 2 |
| Killarney 13:35 | 11 | 3 | 1/5 | 3 |
| Stratford 13:41 | 6 | 1 | win only | 1 |
| Yarmouth 13:50 | 9 | 2 | 1/4 | 2 |
| Fairyhouse 13:55 | 8 | 2 | 1/4 | 2 |
| Pontefract 14:05 | 11 | 3 | 1/5 | 3 |
| Killarney 14:10 above ladder (terms moved) | 12 | 4 | 1/5 | 3 |
| Stratford 14:16 | 8 | 2 | 1/4 | 2 |
| Yarmouth 14:25 | 7 | 2 | 1/4 | 2 |
| Fairyhouse 14:30 | 13 | 3 | 1/5 | 3 |
| Pontefract 14:40 above ladder (terms moved) | 14 | 4 | 1/5 | 3 |
| Killarney 14:45 above ladder (terms moved) | 17 | 4 | 1/5 | 3 |
| Stratford 14:51 | 8 | 2 | 1/4 | 2 |
| Yarmouth 15:00 | 11 | 3 | 1/5 | 3 |
| Fairyhouse 15:05 above ladder (terms moved) | 18 | 5 | 1/5 | 3 |
| Pontefract 15:15 above ladder (terms moved) | 14 | 4 | 1/5 | 3 |
| Killarney 15:20 | 10 | 3 | 1/5 | 3 |
| Stratford 15:26 | 11 | 3 | 1/5 | 3 |
| Yarmouth 15:35 | 7 | 2 | 1/4 | 2 |
| Fairyhouse 15:40 | 12 | 3 | 1/5 | 3 |
| Pontefract 15:50 above ladder (terms moved) | 12 | 4 | 1/5 | 3 |
| Killarney 15:55 (terms moved) | 9 | 2 | 1/4 | 2 |
| Stratford 16:00 | 6 | 1 | win only | 1 |
| Yarmouth 16:05 | 11 | 3 | 1/5 | 3 |
| Kempton 16:10 | 10 | 3 | 1/5 | 3 |
| Fairyhouse 16:15 | 12 | 3 | 1/5 | 3 |
| Pontefract 16:21 above ladder (terms moved) | 15 | 4 | 1/5 | 3 |
| Wolverhampton 16:26 | 8 | 2 | 1/4 | 2 |
| Killarney 16:30 above ladder (terms moved) | 14 | 4 | 1/5 | 3 |
| Stratford 16:35 | 10 | 3 | 1/5 | 3 |
| Yarmouth 16:40 above ladder (terms moved) | 13 | 4 | 1/5 | 3 |
| Kempton 16:45 | 12 | 3 | 1/5 | 3 |
| Fairyhouse 16:50 above ladder (terms moved) | 15 | 4 | 1/5 | 3 |
| Pontefract 16:56 | 8 | 2 | 1/4 | 2 |
| Wolverhampton 17:00 | 12 | 3 | 1/5 | 3 |
| Killarney 17:05 (terms moved) | 9 | 2 | 1/4 | 2 |
| Kempton 17:15 | 9 | 2 | 1/4 | 2 |
| Fairyhouse 17:25 above ladder (terms moved) | 16 | 4 | 1/5 | 3 |
| Wolverhampton 17:30 (terms moved) | 6 | 1 | win only | 1 |
| Pontefract 17:33 above ladder (terms moved) | 14 | 4 | 1/5 | 3 |
| Kempton 17:45 | 11 | 3 | 1/5 | 3 |
| Wolverhampton 18:00 | 10 | 3 | 1/5 | 3 |
| Kempton 18:15 | 12 | 3 | 1/5 | 3 |
| Wolverhampton 18:30 above ladder (terms moved) | 13 | 4 | 1/5 | 3 |
| Kempton 18:45 | 12 | 3 | 1/5 | 3 |
| Wolverhampton 19:00 | 13 | 3 | 1/5 | 3 |
| Kempton 19:15 above ladder (terms moved) | 15 | 4 | 1/5 | 3 |
| Wolverhampton 19:30 | 12 | 3 | 1/5 | 3 |
| Kempton 19:45 above ladder (terms moved) | 12 | 4 | 1/5 | 3 |
| Wolverhampton 20:00 | 13 | 3 | 1/5 | 3 |
| Kempton 20:15 | 12 | 3 | 1/5 | 3 |
| Wolverhampton 20:30 above ladder (terms moved) | 13 | 4 | 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 30 days of collection; a later one is judged against more, and will look more generous for that reason alone.