Each-way terms. Edition of 2026-10-19.
6 of the 47 races run on Mon 19 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 19 Oct: 47 UK and Irish races, 6 changes to the place terms, and 2 races paying above the bookmaker’s own ladder. 3 were seen before race day and 3 on the day. A further 18 readings recorded only a change in field size, which is a non-runner rather than the book moving. Of the 6 term changes, 2 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.
2 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a field that had already shrunk through non-runners, so they are mechanical adjustments rather than an offer being withdrawn.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 18 Oct, 10:00 UTC | Bath 16:50 | 3 → 4 | 1/4 → 1/5 | 16 |
| Sun 18 Oct, 10:00 UTC | Bath 17:22 | 3 → 4 | 1/4 → 1/5 | 16 |
| Sun 18 Oct, 10:00 UTC | Wolverhampton 18:45 | 3 → 4 | 1/4 → 1/5 | 15 |
| Mon 19 Oct, 06:00 UTC | Wolverhampton 16:15 | 3 | 1/4 → 1/5 | 14 → 13 |
| Mon 19 Oct, 11:00 UTC | Plumpton 15:00 | 2 → 1 | 1/4 → win only | 7 → 6 |
| Mon 19 Oct, 11:00 UTC | Gowran Park 17:10 | 5 → 4 | 1/5 | 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 13:40 | 14 | 3 | 1/4 | 4 |
| Bath 13:47 | 13 | 3 | 1/5 | 4 |
| Pontefract 13:53 | 8 | 2 | 1/4 | 2 |
| Plumpton 14:00 | 7 | 2 | 1/4 | 2 |
| Gowran Park 14:10 | 15 | 4 | 1/5 | 4 |
| Bath 14:17 | 11 | 3 | 1/5 | 4 |
| Pontefract 14:23 | 13 | 3 | 1/5 | 4 |
| Plumpton 14:30 | 9 | 2 | 1/4 | 4 |
| Gowran Park 14:40 | 16 | 3 | 1/5 | 3 |
| Bath 14:47 | 10 | 3 | 1/5 | 4 |
| Pontefract 14:53 | 10 | 3 | 1/5 | 3 |
| Plumpton 15:00 (terms moved) | 6 | 1 | win only | 4 |
| Gowran Park 15:10 | 17 | 3 | 1/5 | 3 |
| Bath 15:17 | 13 | 3 | 1/5 | 3 |
| Pontefract 15:23 | 12 | 3 | 1/5 | 4 |
| Plumpton 15:30 | 7 | 2 | 1/4 | 4 |
| Gowran Park 15:40 above ladder | 18 | 5 | 1/5 | 4 |
| Bath 15:47 | 15 | 4 | 1/5 | 4 |
| Pontefract 15:53 | 11 | 3 | 1/5 | 4 |
| Plumpton 16:00 | 7 | 2 | 1/4 | 4 |
| Gowran Park 16:10 above ladder | 17 | 5 | 1/5 | 4 |
| Wolverhampton 16:15 (terms moved) | 12 | 3 | 1/5 | 4 |
| Bath 16:20 | 11 | 3 | 1/5 | 4 |
| Pontefract 16:25 | 11 | 3 | 1/5 | 4 |
| Plumpton 16:30 | 8 | 2 | 1/4 | 4 |
| Gowran Park 16:40 | 11 | 3 | 1/5 | 3 |
| Wolverhampton 16:45 | 14 | 3 | 1/4 | 4 |
| Bath 16:50 (terms moved) | 16 | 4 | 1/5 | 4 |
| Pontefract 16:55 | 12 | 3 | 1/5 | 4 |
| Southwell 17:00 | 12 | 3 | 1/5 | 4 |
| Plumpton 17:05 | 7 | 2 | 1/4 | 4 |
| Gowran Park 17:10 (terms moved) | 16 | 4 | 1/5 | 4 |
| Wolverhampton 17:15 | 14 | 3 | 1/4 | 4 |
| Bath 17:22 (terms moved) | 16 | 4 | 1/5 | 4 |
| Southwell 17:30 | 16 | 3 | 1/5 | 3 |
| Wolverhampton 17:45 | 8 | 2 | 1/4 | 2 |
| Southwell 18:00 | 12 | 3 | 1/5 | 4 |
| Wolverhampton 18:15 | 14 | 3 | 1/4 | 4 |
| Southwell 18:30 | 15 | 3 | 1/4 | 4 |
| Wolverhampton 18:45 (terms moved) | 15 | 4 | 1/5 | 4 |
| Southwell 19:00 | 13 | 3 | 1/5 | 4 |
| Wolverhampton 19:15 | 12 | 3 | 1/5 | 4 |
| Southwell 19:30 | 16 | 3 | 1/4 | 4 |
| Wolverhampton 19:45 | 13 | 3 | 1/5 | 4 |
| Southwell 20:00 | 7 | 2 | 1/4 | 2 |
| Wolverhampton 20:15 | 8 | 2 | 1/4 | 4 |
| Southwell 20:30 | 11 | 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 44 days of collection; a later one is judged against more, and will look more generous for that reason alone.