Each-way terms. Edition of 2026-10-16.
12 of the 40 races run on Fri 16 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 16 Oct: 40 UK and Irish races, 12 changes to the place terms, and 1 race paying above the bookmaker’s own ladder. All of them were seen before race day. A further 18 readings recorded only a change in field size, which is a non-runner rather than the book moving. Of the 12 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a field that had already shrunk through non-runners, so they are mechanical adjustments rather than an offer being withdrawn.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 |
|---|---|---|---|---|
| Thu 15 Oct, 09:00 UTC | Newcastle 16:08 | 3 → 4 | 1/4 → 1/5 | 14 |
| Thu 15 Oct, 09:00 UTC | Redcar 16:12 | 3 → 4 | 1/4 → 1/5 | 15 |
| Thu 15 Oct, 09:00 UTC | Haydock 16:37 | 3 → 4 | 1/4 → 1/5 | 16 |
| Thu 15 Oct, 09:00 UTC | Redcar 16:48 | 4 → 5 | 1/4 → 1/5 | 21 |
| Thu 15 Oct, 09:00 UTC | Haydock 17:07 | 3 → 4 | 1/4 → 1/5 | 16 |
| Thu 15 Oct, 09:00 UTC | Redcar 17:23 | 3 → 4 | 1/4 → 1/5 | 16 |
| Thu 15 Oct, 09:00 UTC | Dundalk 18:00 | 3 → 4 | 1/4 → 1/5 | 17 |
| Thu 15 Oct, 09:00 UTC | Dundalk 18:30 | 3 → 4 | 1/4 → 1/5 | 19 |
| Thu 15 Oct, 09:00 UTC | Dundalk 19:00 | 3 → 4 | 1/4 → 1/5 | 18 |
| Thu 15 Oct, 09:00 UTC | Dundalk 19:30 | 3 → 4 | 1/4 → 1/5 | 15 |
| Thu 15 Oct, 09:00 UTC | Dundalk 20:00 | 3 → 4 | 1/4 → 1/5 | 19 |
| Thu 15 Oct, 12:00 UTC | Uttoxeter 16:53 | 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 |
|---|---|---|---|---|
| Redcar 13:20 | 12 | 3 | 1/5 | 3 |
| Uttoxeter 13:27 | 12 | 3 | 1/5 | 3 |
| Haydock 13:42 | 8 | 2 | 1/4 | 2 |
| Redcar 13:52 | 12 | 3 | 1/5 | 3 |
| Uttoxeter 14:02 | 10 | 3 | 1/5 | 4 |
| Haydock 14:17 | 12 | 3 | 1/5 | 4 |
| Redcar 14:27 | 9 | 2 | 1/4 | 2 |
| Uttoxeter 14:37 | 7 | 2 | 1/4 | 2 |
| Haydock 14:52 | 12 | 3 | 1/5 | 4 |
| Redcar 15:02 | 11 | 3 | 1/5 | 4 |
| Uttoxeter 15:12 | 8 | 2 | 1/4 | 4 |
| Haydock 15:27 | 11 | 3 | 1/5 | 4 |
| Redcar 15:37 | 12 | 3 | 1/5 | 4 |
| Uttoxeter 15:47 | 7 | 2 | 1/4 | 4 |
| Haydock 16:02 | 5 | 1 | win only | 1 |
| Newcastle 16:08 (terms moved) | 14 | 4 | 1/5 | 4 |
| Redcar 16:12 (terms moved) | 14 | 4 | 1/5 | 4 |
| Uttoxeter 16:22 | 12 | 3 | 1/5 | 4 |
| Haydock 16:37 (terms moved) | 16 | 4 | 1/5 | 4 |
| Newcastle 16:43 | 13 | 3 | 1/5 | 4 |
| Redcar 16:48 above ladder (terms moved) | 20 | 5 | 1/5 | 4 |
| Uttoxeter 16:53 (terms moved) | 9 | 2 | 1/4 | 2 |
| Dundalk 17:00 | 15 | 3 | 1/5 | 3 |
| Haydock 17:07 (terms moved) | 16 | 4 | 1/5 | 4 |
| Newcastle 17:15 | 8 | 2 | 1/4 | 2 |
| Redcar 17:23 (terms moved) | 16 | 4 | 1/5 | 4 |
| Dundalk 17:30 | 11 | 3 | 1/5 | 3 |
| Haydock 17:37 | 7 | 2 | 1/4 | 4 |
| Newcastle 17:45 | 7 | 2 | 1/4 | 2 |
| Dundalk 18:00 (terms moved) | 15 | 4 | 1/5 | 4 |
| Newcastle 18:15 | 11 | 3 | 1/5 | 4 |
| Dundalk 18:30 (terms moved) | 16 | 4 | 1/5 | 4 |
| Newcastle 18:45 | 13 | 3 | 1/5 | 4 |
| Dundalk 19:00 (terms moved) | 16 | 4 | 1/5 | 4 |
| Newcastle 19:15 | 11 | 3 | 1/5 | 4 |
| Dundalk 19:30 (terms moved) | 14 | 4 | 1/5 | 4 |
| Newcastle 19:45 | 10 | 3 | 1/5 | 4 |
| Dundalk 20:00 (terms moved) | 16 | 4 | 1/5 | 4 |
| Newcastle 20:15 | 12 | 3 | 1/5 | 4 |
| Dundalk 20:30 | 13 | 3 | 1/5 | 4 |
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 41 days of collection; a later one is judged against more, and will look more generous for that reason alone.