Monday 26 October 2026 steamers and drifters: Honey Dale at Southwell

The market for Monday 26 October 2026 has moved since the morning show. Money has come for some and gone from others since the morning show, with Honey Dale shortening at Southwell and Fergy Five drifting at Galway. Of the day's 54 races, 42 were still to be run when the opening show was set against the morning market, the next of them the Wear Your Poppy With Pride Novice Stakes at 13:55 at Redcar, and the moves below are drawn from those races alone.

The morning market is the price the day's predictions recorded for each runner before the first show; the opening show is the middle bookmaker price in the Lab's first snapshot of the day, exchanges left out. A steamer is a runner whose price has shortened between the two, a drifter one whose price has lengthened, and a move is a description of the market's opinion, never advice.

Every runner, with the model's estimated chance beside the price, is on the racecards page.

Steamers: Honey Dale at Southwell

The biggest shorteners have all moved sharply since the morning market, largest first: Honey Dale has shortened for the Midnite Are Upping The Betting Game Handicap at 18:30 at Southwell, Dinah Myte has shortened for the Fireworks Festival Here Saturday 7th November Handicap at 14:39 at Leicester and Electric Gambler has shortened for the Bet At racingtv.com Handicap at 20:15 at Kempton Park. The card below is the race Honey Dale runs in, the biggest single move on the day, with the model's estimated chance for each runner beside the chance the morning market implied.

The market has come for Honey Dale in the feature, while the model's most likely winner is Sonbelievable. The model's estimate was made before the first show and does not move with the market, so the gap between its column and a steamer's price is a difference of opinion, not a verdict on either; the track record settles every one of its picks at starting price. The course itself is covered in the Southwell guide.

Drifters: Fergy Five at Galway

The biggest lengtheners have all moved sharply since the morning market, largest first: Fergy Five has drifted for the Corrib Oil Maiden Hurdle at 14:45 at Galway, Rock On Richie has drifted for the racingtv.com/freetrial Beginners Chase at 15:40 at Wexford and Star Allure has drifted for the Thanks And See You Next Season Handicap (Div 1) at 15:35 at Redcar. The card below is the race Fergy Five runs in, the biggest single drift on the day, with the model's estimated chance beside the morning market's.

A drift is the market's opinion changing, and the reasons range from a non-runner or a change of going to a stable's own confidence, none of which the price itself explains. The model does not react to it: its estimate is the same one the morning card carried, which is why a drifter can sit above the market in the left column and below it in the right. The horse tracker follows any runner on the card to its next entry, whichever way its price went.

The cost of backing early

Taking a price before the off means taking the bookmaker's margin at that moment, and the margin is paid whichever way the price then moves: a steamer rewards the early price and a drifter punishes it, but the excess the book keeps over a whole field is built into both. The table below is the latest published margin for each book the Lab tracks, compiled from the previous evening's prices, so it describes the card as it was sold then rather than the lunchtime board.

What betting costs has the working behind the margin, and the Tipster League shows what taking a price every day does to the AI tipsters over a season, losses included.

Elsewhere in the Lab: Pascal's Panel #18: Lucky 15 on favourites & Favourite in a big field Tested (2026-10-26).

Common questions

Which meetings race on Monday 26 October 2026?

Wexford and Galway in Ireland, and Redcar, Hereford, Leicester, Kempton Park and Southwell in Britain. Every card is on the racecards page with the model's estimated chance beside each runner, and all of them still have racing to come.

What is a steamer?

A runner whose price has shortened since an earlier market, here the morning market recorded in the predictions file. The opposite move, a price lengthening, makes a drifter.

Does a steamer win more often?

The Lab makes no such claim. A shortening price is the market's opinion strengthening, and the track record settles the model's own picks at starting price rather than at the price they opened at, so the answer for any system is a running figure over every day, not a rule.

Where do the prices come from?

From the Lab's own snapshot of the bookmakers' boards, taken in the late morning and compared with the morning market the model priced against. Exchange prices carry commission and are left out.

How are the AI tipsters doing?

The Tipster League settles every AI pick at starting price and publishes the running total, losses included.

A word on all of this

None of the above is a tip, and no system the Lab has tested has made money over the whole record. Bet only what you can afford to lose. If gambling has stopped being fun, BeGambleAware has free, confidential help.