Each-way terms. Edition of 2026-10-08.
16 of the 46 races run on Thu 8 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 Thu 8 Oct: 46 UK and Irish races, 17 changes to the place terms, and 12 races paying above the bookmaker’s own ladder. 13 were seen before race day and 4 on the day. A further 24 readings recorded only a change in field size, which is a non-runner rather than the book moving. Of the 17 term changes, 3 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a field that had already shrunk through non-runners, so they are mechanical adjustments rather than an offer being withdrawn.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 |
|---|---|---|---|---|
| Wed 7 Oct, 09:00 UTC | Bath 13:30 | 3 → 4 | 1/4 → 1/5 | 15 |
| Wed 7 Oct, 09:00 UTC | Ayr 13:45 | 3 → 4 | 1/4 → 1/5 | 14 |
| Wed 7 Oct, 09:00 UTC | Thurles 14:26 | 3 → 4 | 1/4 → 1/5 | 19 |
| Wed 7 Oct, 09:00 UTC | Bath 14:40 | 3 → 4 | 1/4 → 1/5 | 16 |
| Wed 7 Oct, 09:00 UTC | Thurles 15:01 | 3 → 4 | 1/4 → 1/5 | 19 |
| Wed 7 Oct, 09:00 UTC | Thurles 15:36 | 3 → 4 | 1/4 → 1/5 | 19 |
| Wed 7 Oct, 09:00 UTC | Ayr 16:38 | 3 → 4 | 1/4 → 1/5 | 16 |
| Wed 7 Oct, 09:00 UTC | Southwell 17:00 | 3 → 4 | 1/4 → 1/5 | 14 |
| Wed 7 Oct, 09:00 UTC | Thurles 17:20 | 3 → 4 | 1/4 → 1/5 | 19 |
| Wed 7 Oct, 09:00 UTC | Bath 17:25 | 3 → 4 | 1/4 → 1/5 | 14 |
| Wed 7 Oct, 09:00 UTC | Southwell 18:00 | 3 → 4 | 1/4 → 1/5 | 14 |
| Wed 7 Oct, 09:00 UTC | Southwell 19:30 | 3 → 4 | 1/4 → 1/5 | 16 |
| Wed 7 Oct, 09:00 UTC | Southwell 20:30 | 3 → 4 | 1/4 → 1/5 | 14 |
| Thu 8 Oct, 07:00 UTC | Tramore 15:55 | 3 → 2 | 1/5 → 1/4 | 10 → 9 |
| Thu 8 Oct, 08:00 UTC | Southwell 16:25 | 3 → 2 | 1/5 → 1/4 | 10 → 9 |
| Thu 8 Oct, 09:00 UTC | Bath 14:05 | 3 → 2 | 1/5 → 1/4 | 11 → 9 |
| Thu 8 Oct, 15:00 UTC | Bath 17:25 | 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 |
|---|---|---|---|---|
| Thurles 13:16 | 12 | 3 | 1/5 | 3 |
| Bath 13:30 above ladder (terms moved) | 14 | 4 | 1/5 | 3 |
| Ayr 13:45 above ladder (terms moved) | 14 | 4 | 1/5 | 3 |
| Thurles 13:51 | 16 | 3 | 1/5 | 3 |
| Market Rasen 13:56 | 8 | 2 | 1/4 | 2 |
| Bath 14:05 (terms moved) | 9 | 2 | 1/4 | 2 |
| Tramore 14:10 | 10 | 3 | 1/5 | 3 |
| Ayr 14:20 | 9 | 2 | 1/4 | 2 |
| Thurles 14:26 above ladder (terms moved) | 16 | 4 | 1/5 | 3 |
| Market Rasen 14:31 | 5 | 1 | win only | 1 |
| Bath 14:40 above ladder (terms moved) | 16 | 4 | 1/5 | 3 |
| Tramore 14:45 | 11 | 3 | 1/5 | 3 |
| Ayr 14:55 | 12 | 3 | 1/5 | 3 |
| Thurles 15:01 above ladder (terms moved) | 16 | 4 | 1/5 | 3 |
| Market Rasen 15:06 | 8 | 2 | 1/4 | 2 |
| Bath 15:15 | 14 | 3 | 1/5 | 3 |
| Tramore 15:20 | 9 | 2 | 1/4 | 2 |
| Ayr 15:30 | 13 | 3 | 1/5 | 3 |
| Thurles 15:36 above ladder (terms moved) | 16 | 4 | 1/5 | 3 |
| Market Rasen 15:41 | 6 | 1 | win only | 1 |
| Bath 15:50 | 15 | 3 | 1/5 | 3 |
| Tramore 15:55 (terms moved) | 9 | 2 | 1/4 | 2 |
| Ayr 16:05 | 12 | 3 | 1/5 | 3 |
| Thurles 16:11 | 7 | 2 | 1/4 | 2 |
| Market Rasen 16:16 | 10 | 3 | 1/5 | 3 |
| Bath 16:21 | 11 | 3 | 1/5 | 3 |
| Southwell 16:25 (terms moved) | 9 | 2 | 1/4 | 2 |
| Tramore 16:30 | 8 | 2 | 1/4 | 2 |
| Ayr 16:38 above ladder (terms moved) | 15 | 4 | 1/5 | 3 |
| Thurles 16:43 | 11 | 3 | 1/5 | 3 |
| Market Rasen 16:48 | 7 | 2 | 1/4 | 2 |
| Bath 16:55 | 11 | 3 | 1/5 | 3 |
| Southwell 17:00 above ladder (terms moved) | 14 | 4 | 1/5 | 3 |
| Tramore 17:05 | 14 | 3 | 1/5 | 3 |
| Ayr 17:13 | 7 | 2 | 1/4 | 2 |
| Thurles 17:20 above ladder (terms moved) | 15 | 4 | 1/5 | 3 |
| Bath 17:25 (terms moved) | 12 | 3 | 1/5 | 3 |
| Southwell 17:30 | 9 | 2 | 1/4 | 2 |
| Tramore 17:35 | 10 | 3 | 1/5 | 3 |
| Bath 17:55 | 7 | 2 | 1/4 | 2 |
| Southwell 18:00 above ladder (terms moved) | 14 | 4 | 1/5 | 3 |
| Southwell 18:30 | 13 | 3 | 1/5 | 3 |
| Southwell 19:00 | 11 | 3 | 1/5 | 3 |
| Southwell 19:30 above ladder (terms moved) | 14 | 4 | 1/5 | 3 |
| Southwell 20:00 | 13 | 3 | 1/5 | 3 |
| Southwell 20:30 above ladder (terms moved) | 14 | 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 33 days of collection; a later one is judged against more, and will look more generous for that reason alone.